Before I thought the odds were very high that they would beat guidance, possibly by a lot. Right now I think their guidance is a good estimate. If you would put a gun to my head and and gave me 50/50 odds, I would take the over for the year and the under for Q3. But I don't feel comfortable with more precise estimates/statements (at this point).
Hi, thanks for a great writeup on Verde agg. 3Q results looked good to me and the company seems to be on track. But share price down.. What is your take on Q3?
Hi, thanks for the question. I didn't know what to expect given the road issue. I thought they were OK given the circumstances. I also think they are on track and still have good growth momentum. I hope costs will be kept under control though. Luckily costs and potash prices are somewhat correlated I think. If there is the need they can also sell closer to the plant.
My top stock - really enjoyed the writeup. Always appreciated!
Thank you, that's nice to hear.
Could you reveal your revised eps of Verde?
Before I thought the odds were very high that they would beat guidance, possibly by a lot. Right now I think their guidance is a good estimate. If you would put a gun to my head and and gave me 50/50 odds, I would take the over for the year and the under for Q3. But I don't feel comfortable with more precise estimates/statements (at this point).
Hi, thanks for a great writeup on Verde agg. 3Q results looked good to me and the company seems to be on track. But share price down.. What is your take on Q3?
Hi, thanks for the question. I didn't know what to expect given the road issue. I thought they were OK given the circumstances. I also think they are on track and still have good growth momentum. I hope costs will be kept under control though. Luckily costs and potash prices are somewhat correlated I think. If there is the need they can also sell closer to the plant.
Thank you!