AgJunction Inc

AJX-T

Analysis and Opinions about AJX-T

Signal
Opinion
Expert
SPECULATIVE BUY
SPECULATIVE BUY
February 19, 2020
He owns this and is under water on it. He bought more at $0.60. He made a mistake around their 3 year contract expiration -- he should have sold then. Management is working hard, but it has a lot of difficulties ahead. He is not going to double down on it. Good financials, next to no debt and money in the bank. A speculative buy.
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AgJunction Inc (AJX-T)
February 19, 2020
He owns this and is under water on it. He bought more at $0.60. He made a mistake around their 3 year contract expiration -- he should have sold then. Management is working hard, but it has a lot of difficulties ahead. He is not going to double down on it. Good financials, next to no debt and money in the bank. A speculative buy.
BUY
BUY
April 23, 2019
They do steering systems for tractors. They moved their operations from Canada to Kansas and are consolidating operations to reduce costs. It doesn't trade much, a small company, so beware of putting in a market order. This could double in price. They sold off some of their operations, which may make them a one-trick pony (he hopes not). This sell-off may ease their over-buying.
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AgJunction Inc (AJX-T)
April 23, 2019
They do steering systems for tractors. They moved their operations from Canada to Kansas and are consolidating operations to reduce costs. It doesn't trade much, a small company, so beware of putting in a market order. This could double in price. They sold off some of their operations, which may make them a one-trick pony (he hopes not). This sell-off may ease their over-buying.
BUY
BUY
June 21, 2018

He sold it and bought back lower. He cannot find a good catalyst to make it move. Revenues went up 5 straight quarters, but this company cannot make money. He likes it now. It is on his buy list but he does not know what is the next catalyst. Maybe it is profitability.

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He sold it and bought back lower. He cannot find a good catalyst to make it move. Revenues went up 5 straight quarters, but this company cannot make money. He likes it now. It is on his buy list but he does not know what is the next catalyst. Maybe it is profitability.

PAST TOP PICK
PAST TOP PICK
January 16, 2018

(A Top Pick Feb 7/17. Down 5%.) This does GPS's in agricultural. Has lost money most years. He made quite a bit of change before, buying it at $.50 and selling it for around $1.30. Last quarter revenues went up 35%. The balance sheet has no debt, and they have $16 million in the bank.

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AgJunction Inc (AJX-T)
January 16, 2018

(A Top Pick Feb 7/17. Down 5%.) This does GPS's in agricultural. Has lost money most years. He made quite a bit of change before, buying it at $.50 and selling it for around $1.30. Last quarter revenues went up 35%. The balance sheet has no debt, and they have $16 million in the bank.

COMMENT
COMMENT
December 8, 2017

Precision agriculture. Still on his Buy list. It hasn’t worked out at all for him. Agriculture seems to be doing better, but this one has been left on the rails.

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AgJunction Inc (AJX-T)
December 8, 2017

Precision agriculture. Still on his Buy list. It hasn’t worked out at all for him. Agriculture seems to be doing better, but this one has been left on the rails.

WATCH
WATCH
August 14, 2017

They did a merger with another company that doubled their size, but then the revenues went below their previous levels. A lot of the AG companies are doing well. He is happy to hold it, but does not know when there will be a breakthrough.

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AgJunction Inc (AJX-T)
August 14, 2017

They did a merger with another company that doubled their size, but then the revenues went below their previous levels. A lot of the AG companies are doing well. He is happy to hold it, but does not know when there will be a breakthrough.

DON'T BUY
DON'T BUY
April 3, 2017

They have a far bit of cash. They have no debt. They continue to lose money. They can lose money in good times and in bad. Their sales now are less than before they merged.

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They have a far bit of cash. They have no debt. They continue to lose money. They can lose money in good times and in bad. Their sales now are less than before they merged.

TOP PICK
TOP PICK
February 7, 2017

A GPS system for agriculture. A speculative play. Did a merger over a year ago, and unfortunately the revenues are now less than when they merged. In the recent quarter, they lost $14 million, but about 11 million of that was a good will write off. No debt and $15 million in the bank. Doesn’t expect a turnaround soon, because the agriculture market isn’t that good.

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AgJunction Inc (AJX-T)
February 7, 2017

A GPS system for agriculture. A speculative play. Did a merger over a year ago, and unfortunately the revenues are now less than when they merged. In the recent quarter, they lost $14 million, but about 11 million of that was a good will write off. No debt and $15 million in the bank. Doesn’t expect a turnaround soon, because the agriculture market isn’t that good.

SPECULATIVE BUY
SPECULATIVE BUY
December 22, 2016

The AG space was exciting a couple of years ago. It is a necessary space. Their merger left their sales back where they were pre-merger. It is taking some tax loss selling now. Management is reasonable. They have no debt.

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AgJunction Inc (AJX-T)
December 22, 2016

The AG space was exciting a couple of years ago. It is a necessary space. Their merger left their sales back where they were pre-merger. It is taking some tax loss selling now. Management is reasonable. They have no debt.

COMMENT
COMMENT
September 22, 2016

Did a merger with Novarient about a year ago. Usually when companies of equal size merge, there are often a lot of write offs, which has happened somewhat in this case. He likes the company and thinks it has a lot of potential. It wouldn’t surprise him if there was a lot of tax loss selling towards the end of the year. Before buying, he would probably wait towards the end of the year just in case there is more tax loss selling, but you could do well by buying now.

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AgJunction Inc (AJX-T)
September 22, 2016

Did a merger with Novarient about a year ago. Usually when companies of equal size merge, there are often a lot of write offs, which has happened somewhat in this case. He likes the company and thinks it has a lot of potential. It wouldn’t surprise him if there was a lot of tax loss selling towards the end of the year. Before buying, he would probably wait towards the end of the year just in case there is more tax loss selling, but you could do well by buying now.

COMMENT
COMMENT
August 5, 2016

This company does agricultural GPS and steering systems. Merged with Novariant, which is going fairly well. They are dealing with some write offs. Whenever 2 companies of about the same size merge, there are always write-downs and it always takes awhile for them to gain traction. Thinks this could go up 4 or 5 times.

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AgJunction Inc (AJX-T)
August 5, 2016

This company does agricultural GPS and steering systems. Merged with Novariant, which is going fairly well. They are dealing with some write offs. Whenever 2 companies of about the same size merge, there are always write-downs and it always takes awhile for them to gain traction. Thinks this could go up 4 or 5 times.

BUY
BUY
June 28, 2016

This is GPS for agriculture. They also concentrate on steering for tractors. Just did a deal today with a much bigger company, and provide the steering that it needs. A clean balance sheet with no debt. Thinks it can do well going forward.

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This is GPS for agriculture. They also concentrate on steering for tractors. Just did a deal today with a much bigger company, and provide the steering that it needs. A clean balance sheet with no debt. Thinks it can do well going forward.

COMMENT
COMMENT
January 20, 2016

GPS systems in agriculture in order to help farmers on yields. An individual in Europe had to sell a lot of shares of the change in some European laws. He likes the company. Have merged with another company, and there may be hiccups because of write-downs. The company could triple or quadruple, but that could take a while.

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AgJunction Inc (AJX-T)
January 20, 2016

GPS systems in agriculture in order to help farmers on yields. An individual in Europe had to sell a lot of shares of the change in some European laws. He likes the company. Have merged with another company, and there may be hiccups because of write-downs. The company could triple or quadruple, but that could take a while.

COMMENT
COMMENT
December 1, 2015

The merger with Novariant will have an impact on the company. It gives it more size which is important. When 2 companies of about the same size merge, you can have write-downs for a little while. The agricultural space they deal in, GPS for the most part is not doing very well. Longer-term it is a good space to be in. He likes the company. They have a clean balance sheet and revenues. He is happy to hold. It is possible they could quadruple from here. Expects there will be tax loss selling in the next few weeks.

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AgJunction Inc (AJX-T)
December 1, 2015

The merger with Novariant will have an impact on the company. It gives it more size which is important. When 2 companies of about the same size merge, you can have write-downs for a little while. The agricultural space they deal in, GPS for the most part is not doing very well. Longer-term it is a good space to be in. He likes the company. They have a clean balance sheet and revenues. He is happy to hold. It is possible they could quadruple from here. Expects there will be tax loss selling in the next few weeks.

COMMENT
COMMENT
September 18, 2015

The European owner had to sell a lot of shares because of regulations and the stock went down about $0.40. They are currently merging with another company, and need approval in California. Even though this is based in Kansas City now, it is still a Canadian company because it was based in Calgary. The share count is going to go up quite a bit, over 120 million. If it weakens a fair bit, he could actually possibly buy more.

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AgJunction Inc (AJX-T)
September 18, 2015

The European owner had to sell a lot of shares because of regulations and the stock went down about $0.40. They are currently merging with another company, and need approval in California. Even though this is based in Kansas City now, it is still a Canadian company because it was based in Calgary. The share count is going to go up quite a bit, over 120 million. If it weakens a fair bit, he could actually possibly buy more.

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AgJunction Inc(AJX-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for AgJunction Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

AgJunction Inc(AJX-T) Frequently Asked Questions

What is AgJunction Inc stock symbol?

AgJunction Inc is a Canadian stock, trading under the symbol AJX-T on the Toronto Stock Exchange (AJX-CT). It is usually referred to as TSX:AJX or AJX-T

Is AgJunction Inc a buy or a sell?

In the last year, 1 stock analyst published opinions about AJX-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is SPECULATIVE BUY. Read the latest stock experts' ratings for AgJunction Inc.

Is AgJunction Inc a good investment or a top pick?

AgJunction Inc was recommended as a Top Pick by Benj Gallander on 2020-02-19. Read the latest stock experts ratings for AgJunction Inc.

Why is AgJunction Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is AgJunction Inc worth watching?

1 stock analyst on Stockchase covered AgJunction Inc In the last year. It is a trending stock that is worth watching.

What is AgJunction Inc stock price?

On 2020-08-07, AgJunction Inc (AJX-T) stock closed at a price of $0.28.