Member Info for whl2

T1995

If you go on the ADVFN site there's a new thread created today where you can post questions

We've been expecting you Mr Bond!

To be fair, he has posted a lot of articles which I and am sure others here would not have access to. I do kind of get where he's coming from in terms of the board members numerous companies. At the end of the day we're all here to make money, although I take great delight in the company's efforts to improve the environment.

Hi T1995

Apologies for not posting sooner. The other article referred to higher fertiliser imports this year as farmers anticipated the Russian embargo. I've posted it below. Once again, thanks to ypymytyc

Brazil's Fertilizer Imports Thus Far In 2022 Increase 16.5%
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.

When Russia invaded Ukraine earlier this year, there were concerns if Brazil would be able to import enough fertilizers for their 2022/23 crops since Brazil imports 85% of its needed fertilizers and Russia and Belarus are two of Brazil's primary sources of fertilizers.

During the first five months of 2022, Brazil has imported 16.5% more fertilizers compared to the same period in 2021 according to the maritime agency Cargonave. From January through May, Brazil imported 16.6 million tons of fertilizers compared to 14.2 million in 2021. The increase occurred despite sanctions imposed against Russia and Belarus.

Importers front-loaded their fertilizer purchases earlier this year when it became apparent that Russia might invade Ukraine. Grain and fertilizers were not part of the sanctions levied against Russia and Belarus, but some financial institutions were sanctioned, which made hiring vessels and paying for the fertilizers more complicated. Brazil was able to continue receiving fertilizers from Russia by routing payments through non-sanctioned financial institutions.

May fertilizer delivers totaled 3.36 million tons, which was 15,000 tons more than May of 2021. The amount of fertilizers imported into Brazil from January through May totaled 5.5 million tons of potassium, 2.3 million tons of urea, and 1.6 million tons of phosphorus.

Fertilizers continue to arrive, and it appears that Brazil will probably have adequate supplies of fertilizers to plant the 2022/23 crops.

The excellent article shown below was posted by ypymytyc on the advfn thread. Clearly shows we're in the right sector, in the right place at the right time. (Nurse, send for a doctor, I'm turning into Mark Heyhoe !!!! )

Among investment funds and large companies, there are more than 1600 investors in 63 countries interested in evaluating a potential takeover offer in the sector. The information was released by Hand, a company focused on mergers and acquisitions, which analyzed the current configuration of Brazilian agribusiness.

According to Hand, analyzes were also carried out on 56 transactions involving the sale of companies in Brazilian agribusiness that took place in the last three years. “The interest in companies producing fertilizers and pesticides, with emphasis on special fertilizers and biological and organic solutions, draws attention, as 34% of the companies sold analyzed in the sample were from this segment”, says José Venancio, a partner at Hand.

The study relied on the sectorial knowledge of Thomas Britze, Hand's current advisor in the agribusiness chair and an executive with a 38-year career in the market. German, Thomas, arrived in Brazil 16 years ago to lead Bayer's agribusiness activity in the country and also accumulated positions as CEO of other agribusiness multinationals, such as Amvac and Helm.

According to Thomas, there are several opportunities in the Brazilian domestic market. “Through Hand Data, a tool we developed to identify companies and investors, we have already mapped 334 companies with the potential to be sold or receive a contribution from an investment fund, in the categories of seeds, animal feed and especially in special fertilizers, biological solutions and organic, due to the high margins and the growth of this niche”, he highlights.

In addition, it is noted that the market is hot for mergers and acquisitions. TTR (Transactional Track Record) estimates that the volume of mergers and acquisitions in general grew 19% in the first quarter of 2022 compared to 2021, totaling 569 operations, totaling BRL 63.9 billion.

“This data shows the relevance and dynamism of the Brazilian domestic market. Even in an unfavorable macroeconomic scenario and with price adjustments around the world, there are several opportunities for consolidation in different segments of the Brazilian economy, with the agribusiness sector being one of the highlights”, concludes Thomas.

They're not called drop down menus for nothing! 56 Australian dollars equates to 193 Br Reals. We were selling it for 200 Reals two years ago !

I would strongly suggest you type in "hmi on twitter" and view the latest satellite image, courtesy of crazy times. Can't wait for the next update.

is that worthy of a BOOOOOOOOOOOOOOOOOOM then !

DAMN 220 ~ 250kt !
Sod it, I'm going to bed ! :(

Sorry, I meant possibly 220 ~ 250t this year, not by end of 2Q !

Thanks for the information name_mike. That equates to 2,600 Brazilian reals per ton which compares very favourably with last years price of 200 reals per ton. You have to remember, however, the quantity of 25kg bags sold will be considerably lower than the bulk 1 ton orders. Also I would imagine the bags would be going to the reseller for about 35~ 40 reals so they can get their cut.

Two things prompted tonight's post. First, ypymytyc has posted a link to Verde website showing all their products sold out. If this were to be true it shows the robust sales (sorry Brian !) of Brazil's fertiliser/remineraliser market and must surely benefit Harvest as farmers desperately seek fertiliser. My second point was when viewing today's tweet I couldn't help but notice that the ROM pad seems to have practically doubled in comparison to previous photos. It may have been the angle that the photo was taken, but they look extremely busy right now. Can't wait for 2Q figures, 200t looks nailed on now. Anyone for 220 ~ 250t ? Time to start buying again methinks.

"Verde announces an increase in its 2022 and 2023 guidance. The new 2022 guidance provides for sales of 1Mt of Product, with revenue of C$109M."

I make that an increase of about 43% from initial figure of 700kt at Christmas, and ties in with our figure of 200kt which would be a 33% increase

I would like to think they will update us tomorrow along with progress on the increased production. They have done a lot of work on the ROM pad and May till October is traditionally their busiest time of the year with coffee, sugar cane and soya coming into the equation. It would be a good time to make a strong statement to existing and potential customers thinking of switching but perhaps concerned we may not be able to supply.

...for Swingy's BOOOOOOOOOMMMM ! soon !

....a year makes !

Last year, a 0.75p rise would have seen us top of the leader board with a 25% increase. Long term holders finally being rewarded for their faith and patience.

Thanks for clearing that up T1995

Is it just me, or has that misleading tweet been removed from their twitter account ?
Today's tweet is far more representative of a company going for growth. A lesson learned I hope !

Chique

I understand your frustration, but I have no intention of contacting Brian with a view of asking to make our sales prices more transparent. This would as you suggest attract more investors, however I would image they would be extremely short term investors, out by the end of the year. Like yourself, many of us have large holdings based mainly on our faith in the management and the company's future growth. I am not interested in short term traders, indeed we have one on twitter boasting he has bought back the stock he sold for 20% less. Great if it comes off happy to play the long game.

I'm at a loss to understand why that tweet was released yesterday. It raised more questions than answers. Are we expanding right now (reports of ROM extension and path from mine to plant being increased - and we had to get that from yp!) or is this to be achieved over the next three to FIVE years ! Was the nameplate figure they had in mind the current figure of 320kt or the oft quoted 400kt. If the post was to boost the company's profile, to my mind it has had completely the opposite effect. I do wish they would put more thoughts into these tweets before releasing them.

That was Jangada, source. He bought 1.4 million shares at 1.8p to take his holding to 55 million shares in the company. Now currently a 5 bagger at over 9p.