News Focus
News Focus
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maxluke1

07/08/22 11:47 AM

#98936 RE: hweb2 #98826

JCTCF - funny you mention this one, I looked at it last weekend and came to a similar conclusion and bought a bit at ~6.30 this week (can only really buy a bit of this one).

This was a key line for me in the last PR:
Based on the timing of accounts receivable, the Company believes it will begin to repay the amounts borrowed on its line of credit in the third quarter, and it has sufficient working capital available for the remainder of fiscal 2022.

Previously, their earnings PRs had mentioned the possible need to raise money via a stock offering, which made me pretty disinterested.

Historically, they've been a well run company. That former CFO might be a bit too optimistic, but I think it's worth a shot. Their exposure to the pet market is the best part.
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swampboots

07/08/22 1:14 PM

#98938 RE: hweb2 #98826

JCTCF: 6.53.uhm ,having excess inventory bought cheaper may be extra scalp for this low low float Co. which has added employees at nice pace.?
Sale of their land mass could posit a nice PR clip, if they add they would knife their losing seed business in that parley and parlay...
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nelson1234

07/14/22 5:16 PM

#99085 RE: hweb2 #98826

JCTCF in with .43/share. Any thoughts?