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TSE:AJX

0.75
0.00 (0.00%) 1d
0
Showing 1 to 15 of 82 entries
RISKY BUY
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.
Telecommunications
BUY
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.
Telecommunications
BUY

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.

Telecommunications
PAST TOP PICK

(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.

Telecommunications
COMMENT

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.

Telecommunications
WATCH

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.

Telecommunications
DON'T BUY

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.

Telecommunications
TOP PICK

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.

Telecommunications
RISKY BUY

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.

Telecommunications
COMMENT

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.

Telecommunications
COMMENT

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.

Telecommunications
BUY

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.

Telecommunications
COMMENT

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.

Telecommunications
COMMENT

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.

Telecommunications
COMMENT

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.

Telecommunications
Showing 1 to 15 of 82 entries

AgJunction Inc(AJX-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

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, there was no coverage of AgJunction Inc published on Stockchase.

Is AgJunction Inc a good investment or a top pick?

AgJunction Inc was recommended as a Top Pick by on . 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?

0 stock analysts 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 2021-10-20, AgJunction Inc (AJX-T) stock closed at a price of $0.75.