AGT Food & Ingredients

AGT-T

Analysis and Opinions about AGT-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
February 1, 2019
Bit volatile. Supposed to be a nice, calm stock. Really big misses in the last year or so. Cheap, but the volatility is too much for him. Other places he'd rather go and not get blindsided.
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Bit volatile. Supposed to be a nice, calm stock. Really big misses in the last year or so. Cheap, but the volatility is too much for him. Other places he'd rather go and not get blindsided.
BUY
BUY
January 30, 2019
A privatization plan at $18 is on the table, a lowball offer. It looks like the deal will happen. There's decent upside till the deal closes.
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A privatization plan at $18 is on the table, a lowball offer. It looks like the deal will happen. There's decent upside till the deal closes.
Jim Huang

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Price
$16.765
Owned
Unknown
COMMENT
COMMENT
November 21, 2018
They are based in Saskatchewan and big in lentils and pulses. Management has tabled a proposal to take the company private at $17. India is the biggest market for lentils but right now Indian demand is weak. The key will be when the investors see the package for privatization at about $17 which he thinks is too low. He will wait to see the offer in writing before he comments further.
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They are based in Saskatchewan and big in lentils and pulses. Management has tabled a proposal to take the company private at $17. India is the biggest market for lentils but right now Indian demand is weak. The key will be when the investors see the package for privatization at about $17 which he thinks is too low. He will wait to see the offer in writing before he comments further.
SELL
SELL
August 23, 2018

Given that the company is going private, should I hold or sell? Trading a little above the bid price. Probably the feeling is that the board is going to weight in. He would sell. Professional arbitragers might assess better the odds and try to get a dollar or two more. He sold for his clients when the deal was announced.

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Given that the company is going private, should I hold or sell? Trading a little above the bid price. Probably the feeling is that the board is going to weight in. He would sell. Professional arbitragers might assess better the odds and try to get a dollar or two more. He sold for his clients when the deal was announced.

PAST TOP PICK
PAST TOP PICK
August 22, 2018

(Past Top Pick, July 21, 2017, Down 27%) A debacle over the past few years given politics in India. Doesn't expect much to improve until after the India elections in 2019. But AGT has diversified into ingredients for pets and humans and broadened its distribution. Potential buyout by management with Fairfax at $18/share means they are stealing this company. $23 is more reasonable given today's conditions. The company is worth more than $18.

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(Past Top Pick, July 21, 2017, Down 27%) A debacle over the past few years given politics in India. Doesn't expect much to improve until after the India elections in 2019. But AGT has diversified into ingredients for pets and humans and broadened its distribution. Potential buyout by management with Fairfax at $18/share means they are stealing this company. $23 is more reasonable given today's conditions. The company is worth more than $18.

COMMENT
COMMENT
July 16, 2018

A former past top pick, but has since hit a cyclical downdraft. India has thrown up tariffs, but AGT has diversified into food ingredients. He firmly believes AGT will come back; it's at a cyclical low and diversification will pay off.
There's little downside risk now.

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A former past top pick, but has since hit a cyclical downdraft. India has thrown up tariffs, but AGT has diversified into food ingredients. He firmly believes AGT will come back; it's at a cyclical low and diversification will pay off.
There's little downside risk now.

COMMENT
COMMENT
June 11, 2018

Historically, he loved it, buying it right at the start. A smart CEO. But now's a bad time for AGT--India is now self-sufficient with these crops, no longer a huge buyer. The CEO is resourceful and will find a way around this.

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Historically, he loved it, buying it right at the start. A smart CEO. But now's a bad time for AGT--India is now self-sufficient with these crops, no longer a huge buyer. The CEO is resourceful and will find a way around this.

PAST TOP PICK
PAST TOP PICK
February 22, 2018

(A Top Pick Feb. 1/17, Down 44%) Cyclical stocks can be severely hit by bumper crops or weaker than expected demand, but these happen cyclical and will play themselves out. AGT remains solid. He hasn't sold it on the way down, and he would buy at these levels. He's holding this even under $20. Recovery could take one to three years, but it will return to previous highs of mid-$30s to $40.

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(A Top Pick Feb. 1/17, Down 44%) Cyclical stocks can be severely hit by bumper crops or weaker than expected demand, but these happen cyclical and will play themselves out. AGT remains solid. He hasn't sold it on the way down, and he would buy at these levels. He's holding this even under $20. Recovery could take one to three years, but it will return to previous highs of mid-$30s to $40.

PAST TOP PICK
PAST TOP PICK
December 13, 2017

(A Top Pick Feb 1/17. Down 42%.) It was as though the perfect storm had hit. Because they don't treat their pulses a certain way, they had some problems importing to India until they received the exemption. The company has diversified into the food and ingredients area more. Parts of the business are doing very well. He perceives this as more of a cyclical problem. They have an oversupply in a number of areas that have to work its way through the system, which could happen within the next 6 months to a year. At these prices, this stock could be fairly attractive, although it is a bit higher risk/reward.

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(A Top Pick Feb 1/17. Down 42%.) It was as though the perfect storm had hit. Because they don't treat their pulses a certain way, they had some problems importing to India until they received the exemption. The company has diversified into the food and ingredients area more. Parts of the business are doing very well. He perceives this as more of a cyclical problem. They have an oversupply in a number of areas that have to work its way through the system, which could happen within the next 6 months to a year. At these prices, this stock could be fairly attractive, although it is a bit higher risk/reward.

BUY
BUY
December 12, 2017

It had a bit of a tough year but it was commodity related. It is almost a one of a kind – the big one in the world. He has it for the long term. He does not think it will be caught in tax loss selling, however.

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It had a bit of a tough year but it was commodity related. It is almost a one of a kind – the big one in the world. He has it for the long term. He does not think it will be caught in tax loss selling, however.

WEAK BUY
WEAK BUY
November 13, 2017

GE-N cut its dividend today. So is any dividend safe? – only the Canadian banks. He used o own AGT-T and it was an important part of his value momentum strategy but he sold out. Management is not doing a bad job but these things go in cycles.

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GE-N cut its dividend today. So is any dividend safe? – only the Canadian banks. He used o own AGT-T and it was an important part of his value momentum strategy but he sold out. Management is not doing a bad job but these things go in cycles.

DON'T BUY
DON'T BUY
November 7, 2017

Just reported, and numbers were ugly. There was nothing but downgrades. They have an ugly balance sheet, but that was sort of bailed out by Fairfax buying some of their preferreds recently. It's not in dire financial shape, but is maxed out in terms of its balance sheet. Everything has gone wrong that possibly could go wrong.

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Just reported, and numbers were ugly. There was nothing but downgrades. They have an ugly balance sheet, but that was sort of bailed out by Fairfax buying some of their preferreds recently. It's not in dire financial shape, but is maxed out in terms of its balance sheet. Everything has gone wrong that possibly could go wrong.

PAST TOP PICK
PAST TOP PICK
October 25, 2017

(A Top Pick Dec 21/16. Down 41%) There has been some problems with shipments but also the quality of the crops. This has been a very disappointing stock, but we’re close to the bottom now. You have to look at the fundamentals. The company is well managed, financially it’s doing okay and the debt picture isn’t as bad as people perceive. They are in a growing market and are expanding into food ingredients and pet foods, etc. Down the road this could be an acquisition target for some of the larger global food companies.

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(A Top Pick Dec 21/16. Down 41%) There has been some problems with shipments but also the quality of the crops. This has been a very disappointing stock, but we’re close to the bottom now. You have to look at the fundamentals. The company is well managed, financially it’s doing okay and the debt picture isn’t as bad as people perceive. They are in a growing market and are expanding into food ingredients and pet foods, etc. Down the road this could be an acquisition target for some of the larger global food companies.

PAST TOP PICK
PAST TOP PICK
October 20, 2017

(A Top Pick Sept 16/16. Down 41%.) Had supply disruptions, and were having a tough time stocking up shelves to meet demand. Management kept saying things would improve, but he didn’t see it so he sold. Looks like there is more room to go on the downside. Dividend yield of 2.9%.

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(A Top Pick Sept 16/16. Down 41%.) Had supply disruptions, and were having a tough time stocking up shelves to meet demand. Management kept saying things would improve, but he didn’t see it so he sold. Looks like there is more room to go on the downside. Dividend yield of 2.9%.

DON'T BUY
DON'T BUY
October 19, 2017

It has been getting hit hard. They were going to cut back on international sales. It has been on a big downhill slide ever since.

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It has been getting hit hard. They were going to cut back on international sales. It has been on a big downhill slide ever since.

Showing 1 to 15 of 152 entries

AGT Food & Ingredients(AGT-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for AGT Food & Ingredients 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.

AGT Food & Ingredients(AGT-T) Frequently Asked Questions

What is AGT Food & Ingredients stock symbol?

AGT Food & Ingredients is a Canadian stock, trading under the symbol AGT-T on the Toronto Stock Exchange (AGT-CT). It is usually referred to as TSX:AGT or AGT-T

Is AGT Food & Ingredients a buy or a sell?

In the last year, 1 stock analyst published opinions about AGT-T. 0 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for AGT Food & Ingredients.

Is AGT Food & Ingredients a good investment or a top pick?

AGT Food & Ingredients was recommended as a Top Pick by Bruce Campbell (1) on 2019-02-01. Read the latest stock experts ratings for AGT Food & Ingredients.

Why is AGT Food & Ingredients 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 AGT Food & Ingredients worth watching?

1 stock analyst on Stockchase covered AGT Food & Ingredients In the last year. It is a trending stock that is worth watching.

What is AGT Food & Ingredients stock price?

On 2019-04-18, AGT Food & Ingredients (AGT-T) stock closed at a price of $17.99.