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Researchers have provided a price estimation on the share price of PlantX this year.
Friday again guys, let`s see if the stock moves today - check the link;
https://vegainvestors.com/news/analysts-report-for-plantx-reveals-increased-target-price-pltxfotc-us-vega-cn/ Good luck
We had a 13,8% gain on the OTC traded PlantX share yesterday. The dirtcheap shares are running out, with the low trading volume. From my point of view, it`s a excellent entry point, for those considering to invest in the company. Yet, study the information material that is all available online, do your research and see if it`s the right stock for you. Good luck!
Technical chart today 20 - 50 Day MACD Oscillator
BUY
20 - 100 Day MACD Oscillator
BUY
20 - 200 Day MACD Oscillator
BUY
Medium Term Indicators
50 Day Moving Average
BUY
50 - 100 Day MACD Oscillator
BUY
50 - 150 Day MACD Oscillator
BUY
50 - 200 Day MACD Oscillator
BUY
Average: 100% BUY
Long Term Indicators
100 Day Moving Average
BUY
150 Day Moving Average
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200 Day Moving Average
BUY
100 - 200 Day MACD Oscillator
BUY
Average: 100% BUY
Latest interview with the CEO - a new product market to expand
The Past, Present and Future of PlantX Life Inc. (recorded last year)
To connect with the previous post - the start of PlantX, present status and thoughts about the companies future growth.
For those interested of the chance to come in at bottom levels of PlantX!
https://vegainvestors.com/
Friday guys, will we get a move up today? I don`t know, but I know the current share price do not reflect the true value.
Going over some analysts writings and research, it don`t take a genius to see we are building up to the perfect storm.
Have a good weekend
In 2024, analysts have set a target price range for PlantX Life Inc. (CSE: VEGA). The bear-bull range indicates that the price target lies between CA$0.89 and CA$4.821 The stock trades also on the OTC exchange
5-Day Change+0.0100 (+40.00%)
20 - 50 Day MACD Oscillator
BUY
20 - 100 Day MACD Oscillator
BUY
20 - 200 Day MACD Oscillator
BUY
12,5%, that`s how much the stock moves, for each "step" - up or down. Now, with a sort of consolidation period - I expect a big jump soon.
GLTA and have agreat day :)
OTC Plantx Life Inc (PLTXF) - 32,7% Up latest 5-days
0.0300 unch (unch) 04/08/24 [OTC US]
QUOTE OVERVIEW for Mon, Apr 8th, 2024
Day Low 0.0252
Day High 0.0300
Volume 4,100! THIS is interesting - very low volume, still holding!
Avg Vol 69,645
5-Day Change+0.0074 (+32.74%)
14,2 and 15,3% UP at the time of writing. Both OTC and CSE in excellent position for a NEW run! Today or next week?
On the last day of the trading week, we will see what is going down. Fridays are usually more slow, yet who knows? Suddenly it happens - and it can be on any given day in the week. GLTA and have a great weekend!
STRONG BUY
The Barchart Technical Opinion rating is a 96% Buy and ranks in the Top 1% of all short term signal directions. Long term indicators fully support a continuation of the trend. barchart.com
The stock is currently in oversold territory, suggesting a possible short-term rebound if investor sentiment shifts or if there are positive company announcements. As the company will release it`s report this month,
we can see a new quick turnaround again.
Q3 2024 Financial Results
During Q3 2024, the Company demonstrated consistent growth and operational efficiency, with revenue totaling $ 9,184,678 and a net loss of $ 5,699,913. The Company's strategic focus on profitability was reinforced by a 5% increase in gross profit margin compared to the same period in 2022.
Operating expenses notably decreased by $1,829,856 compared to the same period in 2022, driven by prudent cost-cutting measures and heightened operational effectiveness. Advertising, promotion, consulting, and administrative expenses were all streamlined, reflecting the Company’s commitment to fostering a sustainable and thriving business.
The opening of the XMarket Vegan Food Hall and the strong financial performance in Q3 2024 signal PlantX's dedication to elevating the plant-based lifestyle through culinary innovation and operational excellence.
Additional Information
The Company’s complete condensed interim financial statements and management’s discussion & analysis (“MD&A”) for Q3 2024 are available on PlantX’s website (www.plantx.com) and SEDAR (www.sedar.com).
PlantX growth: they continues to grow and increase its market share in herbal diet and products, it will lead to increased profitability.
About the cost structure, Plantx monitor its costs carefully, as they streamline their operations and reduce costs, this will benefit the profitability aspect more this year.
Demand: when the demand for herbal products continues to increase, Plantx can benefit from this through increased sales and profitability. The trend works in PlantX favor.
Plantx monitor the competitive situation - they are differentiate themselves and offer something unique, it helps them maintain customers and increase profitability over time.
Sum up; do always your own due diligence and research - when it comes to my own conclusion, I strongly believe in the company. Looking at risk-reward ratio it`s a no brainer IMO; study the overall situation, the technical chart - 2024 is the trend reversal year!
Monday again! Yes, a new week and new opportunity smile So, let`s see how things play out now - lot going on PlantX
Independent analytics 86% - 300% + within 90 days; Given the current short-term trend, the stock is expected to rise 86.64% during the next 3 months and, with a 90% probability hold a price between $0.0401 and $0.0770 at the end of this 3-month period (0,026 today)
Source; stockinvest.us
US or Canada? Pro and cons - looking at trading volume, the canadian stockexchange is to prefer. What do you think?
About the current consolidation phase; we could enter a new jump in the share price as early as next week.
Have a good weekend.
Trend Seeker® BUY 20 Day Moving Average BUY (CAD/USD)
20 - 50 Day MACD Oscillator
BUY
20 - 100 Day MACD Oscillator
BUY
20 - 200 Day MACD Oscillator
BUY
20 - Day Average Volume: 166,405 Average: 100% BUY
Medium Term Indicators
50 Day Moving Average
BUY
50 - 100 Day MACD Oscillator
BUY
50 - 150 Day MACD Oscillator
BUY
50 - 200 Day MACD Oscillator
BUY
50 - Day Average Volume: 159,195 Average: 100% BUY
Long Term Indicators
100 Day Moving Average
BUY
150 Day Moving Average
BUY
200 Day Moving Average
BUY
100 - 200 Day MACD Oscillator
SELL
100 - Day Average Volume: 146,588 Average: 50% BUY
Source; barchart.com
The last month more then 100% gain...! Yes, check the chart and consider,
do you want to participate in the uptrend or not?
This is my view and I don`t have all the facts, still while doing due diligence,
looking at the recent chart it looks good. Risk/reward ratio looks strong.
What is also a huge factor; the coming spring and summer month -
this sector always do better in this part of the year.
Finally, we have a strong stock market overall, check the latest reports,
with a election year it will grow even more.
Employment numbers etc are positive, I see to the facts and not politics,
when investing - mind and not emotions must rule.
https://www.barchart.com/stocks/quotes/PLTXF/overview
GLTA,
Do always your own research - this is my opinion, I`m a retail investor, not a pro..
BUY on the last weeks technical chart; https://www.barchart.com/stocks/quotes/VEGA.CN/overview
Sum up; the share price hold up, despite a very low trading volume. This week will be BUY for PlantX - as said in the chart. Now getting more attention, the dirtcheap shares are running out.
So, here we go again; check out last weeks technical chart; https://www.barchart.com/stocks/quotes/VEGA.CN/overview
Sum up; the share price hold up, despite a very low trading volume. This week will be BUY for PlantX - as said in the chart. Now getting more attention, the dirtcheap shares are running out.
PlantX - What We Offer
PlantX makes it easy to manage everything from inventory and orders to shipping and invoicing. Tailor-made for growers and rewholesalers, we work closely with our
membership to improve our software and provide exceptional support.
As a PlantX member, you are billed monthly for the service
and any bid work completed.
No contracts and no term commitments. See full info; https://www.plantx.net/
To see the most recent events - profitability - it`s getting closer. The company has a clear plan they execute well, now following the path to profitability. Do I need to say this will completely re-value the company...!
How PlantX is Leading the Plant-Based E-Commerce Industry - a short sum up of the company one year ago.
Being in the bottom level for quite some time, a lot of investors has more or less forgot about the company. Yet, with the recent things taken place, some notice in the market has occured - this might be a winner in 2024?
Is it a new phase for PlantX - maybe, there are some positive signs now.
Shorts working overtime on all boards this one soon gonna do ×100 back to $1+ range!
PlantX Adds Popular TiNDLE Chicken Made From Plants to Ecommerce Fulfillment Platform https://www.accesswire.com/772398/PlantX-Adds-Popular-TiNDLE-Chicken-Made-From-Plants-to-Ecommerce-Fulfillment-Platform
$PLTXF $VEGA
PlantX: 🎉 We had an inspiring conversation with Monica, founder of The Plant Based Seafood Co., on how she kickstarted her incredible plant-based seafood journey. Watch the interview here 👉
🎉 We had an inspiring conversation with Monica, founder of The Plant Based Seafood Co., on how she kickstarted her incredible plant-based seafood journey. Watch the interview here 👉 https://t.co/CzvSpy0Xxq 🎥💚 We're thrilled to announce that PlantX is now their official…
— PlantX (@goplantx) August 1, 2023
🌱🌊 PlantX is making waves in the vegan seafood industry! 🐟💚 We're excited to welcome The Plant Based Seafood Co to our ecommerce platform, catering to the growing plant-based population and creating inclusivity for those with allergies or kosher restrictions. Together, we're on a mission to relieve, restore, and revive our oceans back to health! 🌊🙌
Read full press release: https://vegainvestors.com/press_release/plantx-adds-the-plant-based-seafood-co-to-ecommerce-fulfillment-platform/
#VeganSeafood #VeganGroceries #VeganInvestors #Ocean #PlanetHealth #Ecommerce
Huge!! PlantX Adds The Plant Based Seafood Co to Ecommerce Fulfillment Platform https://www.accesswire.com/771315/PlantX-Adds-The-Plant-Based-Seafood-Co-to-Ecommerce-Fulfillment-Platform
$PLTXF $VEGA
NEWS: PlantX Adds The Plant Based Seafood Co to Ecommerce Fulfillment Platform-- Mind Blown™ plant based seafood products now available on plantx.com --
VANCOUVER, BC / ACCESSWIRE / August 1, 2023 / PlantX Life Inc. (CSE:VEGA) (Frankfurt:WNT1) (OTC PINK:PLTXF) ("PlantX" or the "Company"), the digital face of the plant-based community, operating a one-stop shop for plant-based products, today announced that it has added Mind Blown™ vegan products from The Plant Based Seafood Co. ("Mind Blown™") to its growing roster of brands adopting its ecommerce fulfillment solutions.
Located on Gwynn's Island, VA, a tiny island in the beautiful Chesapeake Bay, The Plant Based Seafood Co. is an all-female, family-owned company with a passion for creating healthy and delicious seafood experiences that are so close to the real thing they will blow your mind. The company's award-winning portfolio of Mind Blown™ frozen plant based seafood products is a sustainable choice for environmentally conscious customers, and includes Dusted Shrimp, Coconut Shrimp, Dusted Scallops and Crab Cakes. The Mind Blown™ Crab Cakes feature plant protein and are seasoned with celery and onion to recreate the classic flavors of crab cake, as well as panko breadcrumbs for a flaky texture.
"It's an honor to distribute vegan products from the company that is saving the oceans while feeding humanity," said PlantX CEO, Lorne Rapkin. "Not only do Mind Blown products look, smell, and taste just like the real thing, but Monica and team also share our values of supporting our oceans and reducing emissions and waste. I'm confident that Mind Blown products are going to make a big splash with PlantX customers."
"We've created plant-based seafood with seafood lovers in mind and are thrilled that PlantX will help us to make our delicious products available to even more customers," said Plant Based Seafood's CEO & Co-Founder, Monica Talbert. "For a company that is not just offering plant-based seafood but seafood experiences, and seeks to make an impact on a global scale, we couldn't think of a better partner."
About The Plant Based Seafood Co.
The Plant Based Seafood Co. is an all-female, family-owned company leveraging more than 20 years of experience in creating award-winning seafood products. Located on the Chesapeake Bay, the team of innovative creators now make delicious seafood delicacies made from plants. The Mind Blown lineup currently includes Dusted Shrimp, Dusted Scallops, Coconut Shrimp, and Crab Cakes. Mind Blown products have been awarded the Most Disruptive Product of 2020 at Prepared Foods' Spirit of Innovation awards, the Best Plant-Based Seafood Product of the Year at the 2022 World Plant-Based Awards, and their Dusted Scallops won Best New Frozen Product at the New Hope Network 2022 Expo West NEXTY Awards, and Top 300 Impact Companies in the World by Real Leaders. One percent of Mind Blown profits goes towards the Coral Restoration Foundation to support its mission of restoring and conserving coral reefs around the world.
Connect with The Plant Based Seafood Co.: Website | Facebook | LinkedIn | Instagram
On alert for more news and updates $PLTXF $VEGA
$PLTXF $VEGA Looking forward to next week! On alert for more news and updates!
PlantX Officially Launches Revamped Website for VeganWines.com https://finance.yahoo.com/news/plantx-officially-launches-revamped-website-125000802.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance $PLTXF $VEGA
PlantX gross margins expanding 570 basis points to 38.3% compared to 32.6% in 2022 $PLTXF $VEGA
Great YoY growth!
$VEGA $PLTXF
🌱📈 Exciting news from PlantX! Our 2023 financial results are in, and we're thrilled to report an 11.0% YOY increase in revenue! 🚀💸 Our relentless focus on driving profitable growth has led to strong financial performance, setting us up for continued success. Profitability remains central to our strategy, fueling growth, expansion, and success across our diverse business units. 🌱💼 We're committed to delivering exceptional experiences in the plant-based industry while constantly striving for improvement.
Read full press release: https://vegainvestors.com/press_release/plantx-reports-2023-financial-results/
#YearEnd #Financials #Revenue #Audit #OTC #CSE
PlantX -Sharpened Focus on Profitable Growth Yields Double Digit Growth in Revenue and Gross Margins $PLTXF $VEGA https://www.accesswire.com/770806/PlantX-Reports-2023-Financial-Results
PlantX Business Review out Today! $PLTXF $VEGA
In fiscal 2023, PlantX's strategic approach has been to nurture its high-growth business units and make necessary adjustments to those that do not meet stringent growth and margin thresholds. During 2023, PlantX focused on building certain verticals, including, but not limited to, Bloombox Club, XMarket Chicago and Little West. Additionally, by design, the Company's business operates with limited overhead and inventory, thus maximizing margins and, ultimately, net profit.
To further optimize operations, the company made the strategic decision to close two Canadian locations inside the Hudson's Bay (Yorkdale, Toronto, and Rideau, Ottawa) due to insufficient foot traffic. All inventory from these stores was transferred to the Chicago warehouse, making it available for purchase on both PlantX.com and VeganEssentials.com. Additionally, the equipment from these locations was repurposed for the XMarket Uptown store.
XMarket Uptown is currently undergoing construction as the Company embarks on the creation of Chicago's pioneering Vegan Foodhall. With all necessary permits obtained and successful inspections completed, the highly anticipated opening is scheduled around Labor Day. The Vegan Foodhall will showcase six local vegan restaurants, accompanied by a coffee shop run by PlantX's Portfolio Coffee brand, and a fully licensed bar offering an extensive selection of vegan-friendly beverages.
In an effort to enhance efficiency and customer experience, PlantX consolidated XMarket Squamish and the Cloudburst Coffee shop at the Locavore Bar and Grill. This move allowed for the expansion of the lounge area, providing customers with a more inviting space to spend time onsite. As a result, daily sales increased, and the Company gained additional revenue opportunities through hosting private events.
The Company's focused approach on profitability was transformative at BloomBox Club. The team size was reduced from 30 to 4 employees, positioning BloomBox Club on the verge of achieving profitability.
The Company's cold-pressed juice vertical, Little West, experienced continued expansion. Under the leadership of Chris Dodigovic overseeing operations, Little West successfully expanded to Northern California, Nevada, Montana, and structured a deal with Dr. Munsch to bring the juices to the East Coast. The Venice Beach location continued to experience growth and excitement through successful popup initiatives. Notably, TiNDLE extended its three-month popup for an additional three months, further driving customer engagement and sales.
In terms of e-commerce, the Company further strengthened its relationship with KEHE. Leveraging KEHE's inventory, the Company offered consumers case packs of every single plant-based item carried by KEHE, including frozen and refrigerated products. This offering, in addition to the Company's own curated assortment of vegan products shipped from the Chicago warehouse, contributed to increased sales and customer satisfaction. Geo Lopez was promoted to logistics manager at the Chicago warehouse. Geo's expertise in shipping cold products and his ability to source materials at the lowest possible costs played a crucial role in ensuring products reached end customers in optimal condition.
PlantX has recently entered into a share exchange agreement with a newly formed Cayman Islands corporation to secure additional funding and further grow its U.S. operations. Under this agreement, PlantX will exchange a selection of its assets, including wholly owned subsidiaries Vegaste Technologies US Corp., Little West LLC, Plant Based Deli LLC, and PlantX Living Inc., as well as its 53% interest in Portfolio Coffee, Inc. and 51% interest in Eh Coffee Corp. Upon completion of the transaction, it is anticipated that PlantX will own approximately 60% of the issued and outstanding shares of the newly formed corporation, referred to as NewCo, with any adjustments dependent on the NewCo Financing.
Fiscal 2023 Highlights -Revenue increased 11.0% to $13,299,891 compared to $11,984,809 in 2022
-Gross margin increased 30.4% to $5,088,767 compared to $3,903,314 in 2022, with gross margins expanding 570 basis points to 38.3% compared to 32.6% in 2022
-Net loss improved to $21,384,656 compared to $54,802,666 in 2022
Commented Lorne Rapkin, PlantX CEO, "Fiscal 2023 was a tremendous year for PlantX. We sharpened our focus on driving profitable growth, and this focused approach yielded strong financial performance and positions us for continued success in the years ahead. As we forge ahead, profitability remains a central focus, driving growth, expansion, and success across our diverse business units. We are committed to delivering exceptional experiences within the plant-based industry while continually striving for improvement."
https://www.accesswire.com/770806/PlantX-Reports-2023-Financial-Results
$PLTXF $VEGA
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