AGT Food & Ingredients (AGT.TO) Buy, Sell or…

AGT Food & Ingredients (AGT.TO)

17.99

-0.00 (0.00%)

as of Apr 18, 2019, 4:00:00 am Market Open.

46 watching

HOLD

His concern is the level of debt. Made some acquisitions that were funded by debt. It will be a while before the acquisition is accretive to carry the debt. Target of $19.

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TOP PICK

One of the world's leaders in dealing with canola, soybeans, lentils growing demand. Have facilities globally positioned so are well-positioned to take advantage of global demand. Good long-term company.

TOP PICK

Has fallen down but has very strong support at $20. Use a stop loss of $19. (Hasn't bought yet.)

WAIT

Bought a company in Turkey and consolidated it. Now they are making more acquisitions. Markets have been paying up for them for a long time. It has held well in an unsteady market. But stay away until he sees how the integration plays out. See it steady for a couple of quarters.

TOP PICK

One of the global leaders in the pulse crops such as lentils, chickpeas, etc, which are in large demand in Asia and Europe and growing demand in North America. Earnings used to be close to $3 but last year was $1 because of floods, natural disasters, poor crops and slackening demand. Expects a reversion to more normal conditions with earnings above $2.50. Good balance sheet.

WATCH

Likes management but they are fighting some tough problems. Got hit with weather last year in Saskatchewan, their main growing area. This year farmers don’t look like they are going to plant as big a crop of lentils and pulse crops, which would hurt them on volume. May take a couple of quarters to get through the difficulties.

TOP PICK

Have global operations. One of the primary distributors of pulp food such as soy beans chickpeas, peas, etc. where there is a growing demand. Trading at a very reasonable multiple of about 10X forward earnings and he thinks they should earn around $2.90 in the next year and $3-$3.25 the following year.

PAST TOP PICK

(A Top Pick Feb 23/10. Down 11.09%.) Still likes.

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BUY

Processes lentils and beans and now getting involved in rice. Have a great Turkish partner

BUY

Split peas, lentils and diversified into rice. Have done quite a few acquisitions. Quality is sorted by colour and they have put in optical sorting lines. Building a very good, solid long-term business.

PAST TOP PICK

(A Top Pick Aug 26/09. Up 31.8%.)

HOLD

Have had 2 soft quarters in terms of margins and is looking to see the next quarter. It should come back, but there are weather issues, margin issues and supply/demand issues. Terrific long-term company.

PAST TOP PICK

(A Top Pick Sept 16/09. Up 32.65%.) Still Likes.

PAST TOP PICK

(Top Pick Aug 26/09, Up 50%) Can go much higher if you take a long-term view. Becoming a world leader in this field.

PAST TOP PICK

(Top Pick Sep 16/09, Up 45%) Continues to like. Strong management team. Company continues to execute. Thinly traded. Recently added to in the market sell-off

Showing 121 to 135 of 152 entries

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CNBC

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AGT Food & Ingredients (AGT.TO)