Input Capital Corp

INP-X

Analysis and Opinions about INP-X

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Opinion
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SELL
SELL
December 3, 2018
They do canola mainly. At these prices the stock is so cheap. He sold because he was not seeing enough capital being deployed in Canola streams.
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Input Capital Corp (INP-X)
December 3, 2018
They do canola mainly. At these prices the stock is so cheap. He sold because he was not seeing enough capital being deployed in Canola streams.
SELL
SELL
September 24, 2018

He owned it even when it was private. He has cooled on it a bit since they launched the mortgaged streaming product. The canola may not be catching on as fast as he originally thought. He sold a while ago.

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Input Capital Corp (INP-X)
September 24, 2018

He owned it even when it was private. He has cooled on it a bit since they launched the mortgaged streaming product. The canola may not be catching on as fast as he originally thought. He sold a while ago.

WATCH
WATCH
February 28, 2018

He says they do not own it as the company is attempting to build a brand new market for canola streaming. They have had some lumpy earnings quarters. He continues to watch it, however.

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Input Capital Corp (INP-X)
February 28, 2018

He says they do not own it as the company is attempting to build a brand new market for canola streaming. They have had some lumpy earnings quarters. He continues to watch it, however.

PAST TOP PICK
PAST TOP PICK
January 29, 2018

(A Top Pick Dec 12/16, Down 24.70%) Canola is the fastest growing crop and the most profitable. This is still early days for them. They are sitting on a lot of cash. You can get in on the cheap. He would buy it and put it away.

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Input Capital Corp (INP-X)
January 29, 2018

(A Top Pick Dec 12/16, Down 24.70%) Canola is the fastest growing crop and the most profitable. This is still early days for them. They are sitting on a lot of cash. You can get in on the cheap. He would buy it and put it away.

PAST TOP PICK
PAST TOP PICK
December 11, 2017

(A Top Pick Dec 12/16, Down 17%) They are growing very quickly. They can command a higher price for canola. They are now at 2% of the market so there is tremendous growth potential. They just instituted a dividend last year and are now buying back shares on the market. There will be growth there for the foreseeable future.

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Input Capital Corp (INP-X)
December 11, 2017

(A Top Pick Dec 12/16, Down 17%) They are growing very quickly. They can command a higher price for canola. They are now at 2% of the market so there is tremendous growth potential. They just instituted a dividend last year and are now buying back shares on the market. There will be growth there for the foreseeable future.

WAIT
WAIT
October 5, 2017

Finances input costs for farmers. In return, they don’t get paid money, but get paid a piece of the crop. The company has had trouble making this work as there is a lot of volatility. He likes the people who run this. You should wait until they work this out and iron out the kinks in the model.

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Finances input costs for farmers. In return, they don’t get paid money, but get paid a piece of the crop. The company has had trouble making this work as there is a lot of volatility. He likes the people who run this. You should wait until they work this out and iron out the kinks in the model.

BUY
BUY
June 26, 2017

Management are really sharp guys. Canola prices have remained quite stable for some time. This is early days for this company. They are barely scratching the surface with all the farmers out West. This is the time to buy if you want an agricultural stock.

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Management are really sharp guys. Canola prices have remained quite stable for some time. This is early days for this company. They are barely scratching the surface with all the farmers out West. This is the time to buy if you want an agricultural stock.

COMMENT
COMMENT
May 30, 2017

He likes the people behind this. It is very innovative and novel. It is choppy, because it is agriculture and it is new. The business model could work, but they have to iron out some of their kinks.

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He likes the people behind this. It is very innovative and novel. It is choppy, because it is agriculture and it is new. The business model could work, but they have to iron out some of their kinks.

BUY
BUY
March 22, 2017

A unique business model, and it has only been around for a few years. They give money to farmers in exchange for a revenue stream on canola production. What drives the stock higher is their deployment, i.e., how many farmers can they sign deals with over the next few years. This is usually seasonally. Expects there will be news over the next few months, in terms of how much capital they are going to be able to deploy this year. These are early days, and they are just scratching the surface. There are a lot of canola farmers in Western Canada.

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A unique business model, and it has only been around for a few years. They give money to farmers in exchange for a revenue stream on canola production. What drives the stock higher is their deployment, i.e., how many farmers can they sign deals with over the next few years. This is usually seasonally. Expects there will be news over the next few months, in terms of how much capital they are going to be able to deploy this year. These are early days, and they are just scratching the surface. There are a lot of canola farmers in Western Canada.

TOP PICK
TOP PICK
December 12, 2016

They buy streams of canola production from farms. They have 112 farmers. They could triple or quadruple quite easily. They pulled back in the last few quarters. He has about 3% of the company. It is still early days for them. 2.02% dividend. (Analysts’ Target: $2.66)

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Input Capital Corp (INP-X)
December 12, 2016

They buy streams of canola production from farms. They have 112 farmers. They could triple or quadruple quite easily. They pulled back in the last few quarters. He has about 3% of the company. It is still early days for them. 2.02% dividend. (Analysts’ Target: $2.66)

PAST TOP PICK
PAST TOP PICK
April 28, 2016

(Top Pick May 11/15, Down 45.21%) People who are too clever still have weather and farmers to handle. The earnings have been lumpy. You can’t project them forward and this is disturbing the markets.

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(Top Pick May 11/15, Down 45.21%) People who are too clever still have weather and farmers to handle. The earnings have been lumpy. You can’t project them forward and this is disturbing the markets.

COMMENT
COMMENT
April 21, 2016

An interesting little firm. It is in the general royalty investment area. They put up money to help farmers invest in growing canola. They assign a scientist to help it in an optimum way to get high yields. They finance it and then get some of the crop back at a certain price. Conceptually he likes what they are doing, but their stumble has caused a bit of a stall and concern.

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An interesting little firm. It is in the general royalty investment area. They put up money to help farmers invest in growing canola. They assign a scientist to help it in an optimum way to get high yields. They finance it and then get some of the crop back at a certain price. Conceptually he likes what they are doing, but their stumble has caused a bit of a stall and concern.

WATCH
WATCH
February 22, 2016

They finance farmers to grow canola. A couple of farmer’s contracts went bad and they accepted the Canola as partial compensation. No one else is pursuing this market.

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Input Capital Corp (INP-X)
February 22, 2016

They finance farmers to grow canola. A couple of farmer’s contracts went bad and they accepted the Canola as partial compensation. No one else is pursuing this market.

WATCH
WATCH
November 18, 2015

They surprised the market with news. Management has done an excellent job in the past. There will be set backs along the way. He is watching over the next couple of quarters to see what happens with the numbers. Hold on if you own it.

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Input Capital Corp (INP-X)
November 18, 2015

They surprised the market with news. Management has done an excellent job in the past. There will be set backs along the way. He is watching over the next couple of quarters to see what happens with the numbers. Hold on if you own it.

COMMENT
COMMENT
November 11, 2015

There are always big expectations for cash flow coming from grains, and then it never actually comes. It looks like they are on the up and up now, but be careful because they could have some earnings misses as well. He wouldn’t own this until they could show that they could generate cash flows and increase the dividend over the long-term. Be careful with this.

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Input Capital Corp (INP-X)
November 11, 2015

There are always big expectations for cash flow coming from grains, and then it never actually comes. It looks like they are on the up and up now, but be careful because they could have some earnings misses as well. He wouldn’t own this until they could show that they could generate cash flows and increase the dividend over the long-term. Be careful with this.

COMMENT
COMMENT
August 26, 2015

Agriculture streaming company, dealing only in canola. A very seasonal business deploying capital to farmers to increase their crop yield, and then getting some return on capital, over 20%, with some bonus return on the canola crop. We are in a timeframe now where there is going to be very little news, so the stock naturally pulls back at this time of year. Buying it in the low $2 would be the right thing to do. Thinks it has huge potential to apply the same business model to other crops as well.

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Agriculture streaming company, dealing only in canola. A very seasonal business deploying capital to farmers to increase their crop yield, and then getting some return on capital, over 20%, with some bonus return on the canola crop. We are in a timeframe now where there is going to be very little news, so the stock naturally pulls back at this time of year. Buying it in the low $2 would be the right thing to do. Thinks it has huge potential to apply the same business model to other crops as well.

COMMENT
COMMENT
August 12, 2015

They finance a farmer's input costs. For example, they might fund them on their seed or fertilizer and in return they would take a portion of their crop. It is a new business. He likes the owners and thinks they are smart. However, there are many things affecting it, like grain prices and weather. He thinks it is interesting, but he doesn't own it. He would like to see several more quarters of results.

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They finance a farmer's input costs. For example, they might fund them on their seed or fertilizer and in return they would take a portion of their crop. It is a new business. He likes the owners and thinks they are smart. However, there are many things affecting it, like grain prices and weather. He thinks it is interesting, but he doesn't own it. He would like to see several more quarters of results.

COMMENT
COMMENT
August 4, 2015

He likes the model. It is quite a unique company. Where farmers need capital, they provide it in exchange for future revenue streams. They are meeting a market need, diversifying their business, starting to deploy capital pretty aggressively and was starting to look quite good. This was followed by the big drought in Saskatchewan and things went on Pause. The company will grow over time. It is well-managed and they have the capital. You may have to sit out a season, but nothing has really changed on the fundamentals.

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He likes the model. It is quite a unique company. Where farmers need capital, they provide it in exchange for future revenue streams. They are meeting a market need, diversifying their business, starting to deploy capital pretty aggressively and was starting to look quite good. This was followed by the big drought in Saskatchewan and things went on Pause. The company will grow over time. It is well-managed and they have the capital. You may have to sit out a season, but nothing has really changed on the fundamentals.

SELL
SELL
July 29, 2015

Were never able to generate what they said they were going to generate in cash flows on canola crops. That is the nature of a commodity type business like this. Expects the drought is not helping. If he were in it, he would probably move elsewhere.

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Were never able to generate what they said they were going to generate in cash flows on canola crops. That is the nature of a commodity type business like this. Expects the drought is not helping. If he were in it, he would probably move elsewhere.

TOP PICK
TOP PICK
July 6, 2015

This company finances canola crops. There is a new bull cycle in rapeseed. He likes the grains in general and thinks this company is going to be a beneficiary of a recovery in the grain market.

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This company finances canola crops. There is a new bull cycle in rapeseed. He likes the grains in general and thinks this company is going to be a beneficiary of a recovery in the grain market.

BUY
BUY
June 18, 2015

Loves the management team and the business model. They finance farmers to increase canola crops in Western Canada. It is the world’s first streaming company in the agricultural world. He expects them to generate strong cash flow going forward. Keep in mind it is a seasonal business so you can’t go quarter to quarter in watching results. There is a growing market for this type of service.

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Loves the management team and the business model. They finance farmers to increase canola crops in Western Canada. It is the world’s first streaming company in the agricultural world. He expects them to generate strong cash flow going forward. Keep in mind it is a seasonal business so you can’t go quarter to quarter in watching results. There is a growing market for this type of service.

WATCH
WATCH
June 17, 2015

This company funds canola farmers. Very capital-intensive business, so instead of a farmer having to go to a bank, they lock in their canola prices and let this company sell it for them. A very solid business model to fund farming. Have been issuing a lot of equity to fund their growth. He hasn’t been very impressed with their business model over the years, but it is looking a little more interesting now. Hopefully they get some operating efficiencies so they can generate cash. As they get larger, make sure they are actually generating free cash flow, so that they can fund further growth and grow organically. Pays a nice dividend.

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This company funds canola farmers. Very capital-intensive business, so instead of a farmer having to go to a bank, they lock in their canola prices and let this company sell it for them. A very solid business model to fund farming. Have been issuing a lot of equity to fund their growth. He hasn’t been very impressed with their business model over the years, but it is looking a little more interesting now. Hopefully they get some operating efficiencies so they can generate cash. As they get larger, make sure they are actually generating free cash flow, so that they can fund further growth and grow organically. Pays a nice dividend.

WATCH
WATCH
June 15, 2015

Provide capital to Canola famers upfront. It trades at a huge discount. As they get going there is potential from multiple expansion. If Canola comes down in price and the stock drops then he would get in.

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Provide capital to Canola famers upfront. It trades at a huge discount. As they get going there is potential from multiple expansion. If Canola comes down in price and the stock drops then he would get in.

WATCH
WATCH
June 8, 2015

He would like to see a quarter or two of no collections issues. Momentum has been taken out a little a bit. He also believes they could grow their earnings 30%. They had loans to 55 farmers and 2 of the farmers defaulted.

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He would like to see a quarter or two of no collections issues. Momentum has been taken out a little a bit. He also believes they could grow their earnings 30%. They had loans to 55 farmers and 2 of the farmers defaulted.

PARTIAL BUY
PARTIAL BUY
June 1, 2015

They were not deploying capital fast enough, but they indicated this problem will go away this quarter. They report tomorrow. He likes the management team. A half position is okay now and then see what they report.

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They were not deploying capital fast enough, but they indicated this problem will go away this quarter. They report tomorrow. He likes the management team. A half position is okay now and then see what they report.

TOP PICK
TOP PICK
May 11, 2015

The management is extremely competent. Have hands on the grain company to whom they apportion a certain amount of the canola product, which is given to them in part payment for financing the farmers. They are doing a greater job than the banks. He can see the stock price, over the years, improving and moving into they $10-$20 range. He expects to be a long-term holder of this one.

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The management is extremely competent. Have hands on the grain company to whom they apportion a certain amount of the canola product, which is given to them in part payment for financing the farmers. They are doing a greater job than the banks. He can see the stock price, over the years, improving and moving into they $10-$20 range. He expects to be a long-term holder of this one.

COMMENT
COMMENT
April 15, 2015

Provides financing to farmers and then they get the contract to the stream of canola. Just came out recently with their quarter, and earnings were much less than expected. Primarily because they didn’t sell the product at the right time. They are signing lots of contracts with farmers, and the deals are increasing quite nicely, but it is just a timing issue. A solid company with a very niche market. Like a royalty company, but in the agricultural space. Pretty early stages still, but it is a good model. They’ll make a lot of money eventually.

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Provides financing to farmers and then they get the contract to the stream of canola. Just came out recently with their quarter, and earnings were much less than expected. Primarily because they didn’t sell the product at the right time. They are signing lots of contracts with farmers, and the deals are increasing quite nicely, but it is just a timing issue. A solid company with a very niche market. Like a royalty company, but in the agricultural space. Pretty early stages still, but it is a good model. They’ll make a lot of money eventually.

WAIT
WAIT
April 9, 2015

He decided not to get into it. You have weather risk, commodity price risk, and last quarter was disappointing because the crop was not that big. He would rather buy with more confidence.

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He decided not to get into it. You have weather risk, commodity price risk, and last quarter was disappointing because the crop was not that big. He would rather buy with more confidence.

WATCH
WATCH
March 25, 2015

They purchase revenue streams from farmers of Canola seed. He likes it. They are supposed to come out with numbers in early April. He thinks there is a chance for it to become quite large and if they get enough size they can start charging premiums and have better pricing power in the marketplace than an individual farmer could have.

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They purchase revenue streams from farmers of Canola seed. He likes it. They are supposed to come out with numbers in early April. He thinks there is a chance for it to become quite large and if they get enough size they can start charging premiums and have better pricing power in the marketplace than an individual farmer could have.

PAST TOP PICK
PAST TOP PICK
February 2, 2015

(A Top Pick Jan 13/14. Up 18.18%.) Dealing with farmers in canola in Western Canada. Had a lumpy kind of start, but it is important to note that you are dealing with a commodity, weather and farmers. It has been doing a little bit better lately as he thinks it is getting more recognition. The people running it are very clever. If you own, continue to Hold.

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Input Capital Corp (INP-X)
February 2, 2015

(A Top Pick Jan 13/14. Up 18.18%.) Dealing with farmers in canola in Western Canada. Had a lumpy kind of start, but it is important to note that you are dealing with a commodity, weather and farmers. It has been doing a little bit better lately as he thinks it is getting more recognition. The people running it are very clever. If you own, continue to Hold.

COMMENT
COMMENT
November 19, 2014

Has watched this. A really interesting streaming business. We typically see streaming companies in the energy or mining. This is in agricultural and they stream with canola. What he likes is that they are going to have great cash flow, but they are going to have to build out that base. Still a fairly new company. If you have a longer time frame, this is one you could look at. Doesn't screen super well in his process for earnings, but thinks it's just a matter of time.

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Input Capital Corp (INP-X)
November 19, 2014

Has watched this. A really interesting streaming business. We typically see streaming companies in the energy or mining. This is in agricultural and they stream with canola. What he likes is that they are going to have great cash flow, but they are going to have to build out that base. Still a fairly new company. If you have a longer time frame, this is one you could look at. Doesn't screen super well in his process for earnings, but thinks it's just a matter of time.

COMMENT
COMMENT
August 27, 2014

These royalty streaming models are becoming more popular. This one is well run with a very interesting model. They continue to produce better numbers, but at the same time they are fairly cashed up from their recent deals. Will probably deploy that over the next few months. We should see higher numbers going into the fall, winter and next year when they bring the crops in.

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These royalty streaming models are becoming more popular. This one is well run with a very interesting model. They continue to produce better numbers, but at the same time they are fairly cashed up from their recent deals. Will probably deploy that over the next few months. We should see higher numbers going into the fall, winter and next year when they bring the crops in.

BUY
BUY
August 21, 2014

It is a one of a kind. Financing in the Canola sector for Western Canada. You have to ride through meteorological events. It is a new company and does not pay a dividend yet.

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It is a one of a kind. Financing in the Canola sector for Western Canada. You have to ride through meteorological events. It is a new company and does not pay a dividend yet.

BUY
BUY
June 19, 2014

Put capital into farms and own the crop, then sell it. Allows farmers to buy seed in advance when it is cheap. It’s a good business model.

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Put capital into farms and own the crop, then sell it. Allows farmers to buy seed in advance when it is cheap. It’s a good business model.

SPECULATIVE BUY
SPECULATIVE BUY
May 8, 2014

(Market Call Minute) $million a month in revenue. A canola royalty company. They just invented a business and it is going pretty well. Risky, but a good story.

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(Market Call Minute) $million a month in revenue. A canola royalty company. They just invented a business and it is going pretty well. Risky, but a good story.

HOLD
HOLD
March 31, 2014

Bewildered by an abundance of grain that cannot be moved. The company is in the business of streaming canola oil. Doesn’t think their model gets impacted by the overload of grain to be shipped. Would be content to continue to hold it.

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Bewildered by an abundance of grain that cannot be moved. The company is in the business of streaming canola oil. Doesn’t think their model gets impacted by the overload of grain to be shipped. Would be content to continue to hold it.