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28/09/17
13:13
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Originally posted by Miningdoctor
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Sorry, I think you missed the last 6 months of press releases and why the stock is down 70%.
They lost a lot of their production last season (harvest delay as you call it) which will be not be recovered this year. A normal season will help hopefully but what they lost.... well. is lost! so the harvest was not only delayed but severely damaged (enough for them to make a loss).
Now, if you think they have a lot of bargaining power with supermarkets or large customers, then we have different views on that. Unfortunately, these guys are not in a strong negotiating position as their main goal is to secure buyers and have visibility on volumes. It is a commodity which seems to be in good supply - at least for now.
Before replying with anger, I highly recommend you to try to articulate your comments so the conversation is constructive for everyone in the channel.
PS: I personally pay a premium for all things organic. But I don't let that affect my judgement and avoid asking the big questions that can make or break an investment case.
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I think thats misleading. Ok we are different. the harvest was delayed and left to dry a bit longer for quality purposes. We'll see we'll see who is right .. sorry still at work