Plant Impact Share Discussion Threads

[horace_h] 14/6/2016 08:09

I'm more than happy with continuing to be in line with expectations - the expectations were high. No doubt Agtextpert and his apologists will focus on poorer performance in the European theatre but the main event progresses apace.

As discussed, the most important part of the statement formany of us is the last one

"We look forward to sharing further news of our developing business in the near future."

I have re-arranged matters to attend on July 1 and see what the company has to say, how they say it and the feeling about Levity...

[wan] 13/6/2016 10:21

Obviously it's important that PI's products are compatible with existing products e.g. Veritas with Bayers FOX, but obviously it's even better if it is also synergistic i.e greater than the sum of individual effects. So I thought readers would find the following Banzai website quite interesting, where the data sheets also show a notable yield increase from a combined application -

[wan] 05/6/2016 07:28

mthead....Given what I have learned it takes to develop a biostimulant/crop enhancement product, especially one that is targeted at a particular crop, and importantly what it takes in order to make claims about how effective that product is, we will have to agree to disagree regarding Banzai and Pi's other products. Put simply, "based on a technology", does not usually mean it's exactly the same as a previous product.

The competition you highlight and the particular companies (and more) are all on my radar and there are indeed a lot of biostimulant products on offer generally, but whether all those products do what they say on the tin (and are legal) is an entirely different matter!

To develop products and then be able to market them effectively and claim enhanced nutrient uptake, increased crop yield, improved quality, and tolerance to abiotic stress etc, requires thorough and rigorous evaluations (with products being customised to the needs of specific plants). I would also draw your attention back to the last paragraph of one of my previous posts (800) -

"I note a number of "white label" Levity products were withdrawn/licenses expired/terminated in the later part of 2015, perhaps again highlighting the urgent need for finance (rescue?). This provides for interesting food for thought, in particular, how do those third party products now still claim the same effect on yields "without" the so called Levity technology/formulations? Anyway, as I said food for thought for now!"
(end)
Ecoculture are still offering the products and making the same claims as when those products were Levity formulations and technology, so clearly they have moved to an alternative technology solution.

Staying with white label products, it would be interesting to learn who is the "major distributor" PI referred to in their FY Results for their "white label" product launch in Europe. It will also be interesting to see how the new legislation I highlighted, regarding protection of trade secrets and confidential information, ultimately affect those who have effectively copied (or stolen) such secrets and information. Perhaps then the distributors of such products also need to be very careful who they ultimately deal with, not to mention what they claim!

There are a lot of small players operating in the biostimulant/crop enhancement space, so arguably it is a somewhat fragmented industry, but it is an area that the big players are seriously interested in, so rigorous product validation is an important aspect if you are looking to partner with a major. Given this area is represented by a relatively fragmented industry, and where clearly some products do indeed work, weeding out the best technologies and products (including emerging) is challenging (especially given the lack of validation), so it will be interesting to see what consolidation and strategic partnering takes place 'within' it, as well as observing what the large players cherry-pick themselves.

I remain confident that Plant Impacts research facilities, capabilities and scientific network will provide the next level of product innovation, but these attributes might also prove an attractive aspect in terms of partnering (improving and validating products), so again it will be interesting to see what part, if any, PI play in any strategic sector activity. That aside, PI's agreement with Bayer CropScience to develop yield enhancing technologies for soy cultivation (foliar crop sprays and industrial seed treatments) is an indicator of both the level of interest from large players and indeed the strength and depth of PI's offering and pipeline technologies.

[here and there] 04/6/2016 09:12

FYI
This is from a 2010 document from Plant Impact. They had already had trials going back at least three years so Banzai has been around for 10 years until this 'new' launch last year. Back when this document was published PIM was not under such good management as it is today and was prone to over stating trial data. I think the product is clearly excellent and for many years it is one of the subjects i repeatedly raised with management. Sales will take some time to grow as they are dealing with a very fractured customer base of tens of thousands of poor small holders. Luckily , their partner Arysta, is doing all the sales work so no added cost to PIM to speak of and it should bring in a bit of handy revenue which will grow over time,

hope that helps h&t



CST takes off in West Africa
CST (Cocoa Stress Treatment) is now undergoing commercialisation in West Africa. CST is based on
a combination of two of Plant Impact’s technologies and allows cocoa plants to increase yield in the
presence of disease and in poor growing conditions.
Plant Impact is dealing with two distributors based in Hamburg, Germany. DVA are currently managing a two year trial
programme in Ghana through CRIG, a Government research organisation. Vink & Co have their own company WACOT (West
Africa Cotton) based in Nigeria. Although trials are still ongoing in Nigeria, Vink and Co are selling CST as Wacot Bounty and
their order quantities have doubled since April 2009.
Cocoa trials in Costa Rica and Nigeria have shown that CST can improve
marketable crop yields when the plant is under stress and fungal attack.
In Costa Rica CABI Bioscience conducted a 3 year trial; the average yield
increase over that period exceeded 60% with a positive impact on the
quality of the cocoa beans. Over 2 seasons, initial trial results from
Nigeria show an average 200% yield increase.
West Africa accounts for 68% of total world cocoa production. The main
West African producing countries are Cote d’Ivoire (Ivory Coast) (37%),
Ghana (21%), Cameroon (5%) and Nigeria (5%). We are currently talking
to a potential distributor for the Cote d’Ivoire.
The global demand for cocoa is large and growing. About 90% of current volume is produced by
smallholder farmers. The Bill and Melinda Gates Foundation are running a West African Cocoa
Livelihoods Programme in order to improve conditions for these cocoa farmers. CST by
increasing yields can make a positive contribution to the cocoa growing communities in West
Africa and also help alleviate poverty.
4
Sales
increasing
So far this year sales have
exceeded £1 million and are
still increasing.
Ghana
Others
Nigeria
Cameroon
Cote
d’Ivoire
37%
21%
32%
5%
5%
World Cocoa production
InCa benefits tomatoes
Tony

[mthead1968] 03/6/2016 21:05

Wan, sorry to have to correct you, but Banzai is really not new in the way you describe. PIM were selling into the West African market many years ago with the same product, different name, to cocoa growers. It is as you say, based on Alethea. Veritas is not new either, it's Inca. When the company came to market, Calcium (CAT), Nitrogen (PINT) and anti stress (ALETHEA) were all disruptive technologies. So was BUGOIL. In my view the company may have missed it's opportunity to take serious advantage.
There is competition, Both the founder directors are separately occupied in the same space, with products making similar claims (actually much better in the case of Levity Cropscience). There are also other former PIM directors/employees selling similar technology in Spain and Latin America (Ecoculture).

[wan] 03/6/2016 09:55

I kept this separate from the above post (it was long enough!). It's another example of me looking beyond company specifics and looking at and considering the market as a whole (but not posting everything) -

EU innovation galvanized thanks to adoption of ‘trade secrets’ directive

May 30, 2016 by Lili Chatzikonstantinou

On 27 May, the EU Council of Ministers joined the European Parliament in approving a new law for the protection of trade secrets and confidential information of EU-based companies. The new directive recognizes that “businesses and non-commercial research institutions invest in acquiring, developing and applying know-how and information which is the currency of the knowledge economy and provides a competitive advantage. By protecting such a wide range of know-how and business information, whether as a complement or as an alternative to intellectual property rights, trade secrets allow creators and innovators to derive profit from their creation or innovation and, therefore, are particularly important for business competitiveness as well as for research and development, and innovation-related performance.”

EBIC applauds EU decision-makers for adopting the new ‘trade secrets’ directive and the positive signal that it sends to European companies. As noted in the directive, trade secrets and confidential business information are particularly important to small and medium-sized enterprises (SMEs), which make up a significant portion of EBIC’s membership.

EBIC President Giuseppe Natale (CEO, Valagro SpA), says, “Trade secrets and confidential business information are particularly important with regard to products that cannot be patented. They help to foster fair competition by making sure that a company cannot use the business information developed by a competitor unless acquired through an appropriate transaction such as licensing. This rewards and encourages companies that invest time and energy into research and testing.”

The trade secrets directive will go a long way towards galvanizing research and innovation in Europe.

With the adoption of this directive, it is important that we now apply the spirit of the directive through more joined up thinking across policies. The Fertilising Products proposal is a case in point: To encourage innovation into new fertilizing products, we need regulatory measures that ensure data protection and fair competition. Companies that invest in producing data required to meet regulatory requirements for bringing a product to market should receive fair compensation for the use of their data under an appropriate licensing agreement. Forcing companies to share their trade secrets as a public good essentially forces innovators to subsidize competitors.

The Fertilising Products proposal’s current approach to microbial biostimulants has this very effect. The Commission’s proposal for a positive list system for placing microbial biostimulants on the market is unfortunately not supplemented with appropriate tools to ensure that companies are not forced to release their trade secrets without fair compensation.

To promote innovation in new microbial biostimulant products, EBIC calls on the European Parliament and Member States in the Council to ensure that the spirit of the ‘trade secrets’ directive is applied to the Fertilising Products proposal.


An interesting read -

Biostimulants take centre stage in EU push for green fertilisers

By Sarantis Michalopoulos 30 May 2016

The review of the European Union’s Fertilisers Regulation will promote innovative products such as biostimulants, in an effort to help agriculture take the turn of the circular economy.

The centrepiece of the EU’s planned transition to “circular agriculture” is the planned revision of the 2003 Fertiliser Regulation.

In March 2016, the Commission put forward a legislative proposal opening the door for “fertilising products”, including biostimulants among others.

The executive says it wants to “create new market opportunities for innovative companies while at the same time reducing waste, energy consumption and environmental damage”.
Full story -

[wan] 03/6/2016 09:12

Horace...Thank you for your support.

Apologies in advance for the following long post!

mthead...Yes I had indeed seen that. My previous points have been that it's not quite as bad as all the news around Brazil implies and one bankruptcy does not signal a change to the fact that the agricultural market in Brazil, albeit somewhat challenging, is performing relatively well -

June 2, 2016

Soybean Prices at Brazilian Ports could hit R$ 100 Per Sack
Soybean prices in Brazil continue to climb to new record highs due to increasing international prices and a weaker Brazilian currency. Some current prices at Brazilian ports include: Sao Francisco do Sul in Santa Catarina R$ 94.50 per sack ($12.27 per bushel), Rio Grande in Rio Grande do Sul R$ 94.50 per sack ($ 12.27 per bushel), and Paranagua in Parana R$ 93.00 per sack ($12.07 per bushel). At the ports of Paranagua and Rio Grande they are offering R$ 90.00 per sack for delivery in May of 2017 or $11.68 per bushel.

According to Vlamir Brandalizze of Brandalizze Consulting, he feels it is possible that soybean prices at Brazilian ports could reach the benchmark of R$ 100 per sack ($12.98 per bushel) during the month of June. The current record high prices are the result of price increases on the Chicago Board of Trade and a weakening of the Brazilian currency. The Brazilian currency is currently trading at 3.60 to the dollar and it is expected to continue weakening due to poor economic news in Brazil. As the currency weakens, the domestic price of soybeans in Brazil increases.

For the past five months, the Brazilian currency had actually been strengthening due to the possibility of the impeachment of President Rousseff and a stronger currency makes it harder to service bank debts that are dollar-denominated. The President has been impeached and temporarily removed from office while she is tried in the Brazilian Senate. The currency is expected to weaken going forward as the temporary administration of President Temer struggles to pull Brazil out of its worst recession in decades.
Full story -

The price of Soybeans futures continue to strengthen -
Thursday, 2nd Jun 2016, by William Clarke
Soybean futures soar to two-year highs on drought fears




A point of correction if I may regarding Banzai. Banzai is a new product, albeit it's a product 'based' on the Alethea technology -

BANZAITM is based on our AletheaTM technology combined with a proprietary nutrient. BANZAITM actively promotes the production and retention of pods. It’s environmentally non-toxic and benign, eliminating concerns about product residues for production of cocoa paste and, ultimately, chocolate.


It's important to realise that one technology or indeed formulation does not always work, or at least in the same way or effectiveness, on another crop, or indeed region (climate and soil). Hence the need for thorough scientific and in-field validation. An important aspect is to thoroughly understand the mode of action and then exploit that accordingly, usually by tweaking the formulation and targeting specific applications and specific crops. In this regard PI is definitely on the right track and very focused.



All...I have no problem with people highlighting the negative aspects (there are always some to consider.....no matter how good the sector backdrop), from my perspective, as long as the good stuff more than outweighs the not so good, then I am a content investor. I am not an expert, but I monitor "much" more than I highlight and subsequently post. I tend to post things that are either specific (in the case of my previous post, Soybeans and PI's partner Bayer), or things that are interesting and in some way related to our investment.

Coming back to mtheads comment of PI's dependance on Brazilian sales. Whilst clearly Brazilian sales of Veritas is an important aspect (it was and still is a large deal relative to PI size), but there is a very good chance that Veritas for soybeans will not be just about Brazil, or indeed not just about soybeans i.e. PI have not set up in the US and recruited personnel in Argentina for corporate image alone, not to mention continuing field trial programmes in Brazil, Argentina, Paraguay, USA and West Africa.

PI delivered on their promise to open a new market with large potential that is outside of soy in the Americas and with a different strategic partner.
Banzai is perhaps underappreciated in terms of the market 'potential', recall that the roll out of Veritas was a very considered process. In my opinion there is every chance the same will apply to Banzai. Here is a snippet from some research I did on the Cocoa market and what Arysta (ultimate owner Platform Specialty Products) is doing within that market -

Solea is a subsidiary of KKO who have the ambition of becoming one of the world's leading cocoa producers -

KKO plans listing, in drive to rank top in Ivory Coast cocoa

Agrimoney.com - 14:22 UK, 17th Sept 2015

KKO International unveiled an international public offering, heralding the rare listing of a cocoa producing company, and aimed at raising cash for a drive to become the top cocoa producer in Ivoty Coast. KKO, which operates through its subsidiary Solea, said that it aimed to raise E10.0m from its share flotation, scheduled for next month, on the French and Belgian Alternext markets. The cash will go towards realising an ambition to turn Solea into "the largest cocoa plantation in Ivory Coast", the top producing country in the $12bn market for the bean. The move comes amid a trend toward large-scale plantation agriculture in a cocoa sector traditionally dominated by smallholders. Solea aims for top rank in Ivory Coast by expanding its area from 1,000 hectares, which 800 hectares are under cultivation, and is aiming to cultivate 3,000 hectares by the end of 2017. Solea is currently unprofitable, but is aiming to break even on running costs after harvesting begins.

Industry shake-up

Data from the International Cocoa Organisation in 2007 found that 95% of the world's production came from farms of below 3 hectares in size, while larger farms in South America range up to 100 hectares. But a number of large developments are under way, which could drastically change the industry. In June, United Cacao announced that it is on track to plant 2,000 hectares of cocoa trees in Peru this year, with a long term target of over 5,000 hectares. According to United Cacao, this would making it the world's biggest cocoa grower by area. And Tropical Farms Limited, which is owned by London-listed agriculture company Agriterra, is in the process of developing a 3,200 hectare plantation in Sierra Leone. Tropical Farms Limited aims to plant a total of 4,000 hectares by 2017.

Rising yields

As well as being much larger than the traditional cocoa farm, these new players are looking to maximise yields with a move away from traditional agronomy. Traditionally, West African growers can hope for around 0.5 tonnes of cocoa beans a hectare, while United Cacao hopes that in Peru yields could reach 2.5 tonnes a hectare. Solea is even more ambitious, with a yield target of 5.0 tonnes a hectare, thanks to the use of new tree stock, developed by the Ivory Coast National Agriculture Research Centre.

Shorter production times

The company claims the cultivar offers "high average yields with a production timeframe shortened to 18 months from planting time. "Cultivation of the cocoa bean is perceived as a complex process that still essentially calls on traditional techniques and is restricted to certain climates," said KKO, but added that it believes it can change that perception. Solea's plantation is equipped with micro-irrigation and fertiliser distribution mechanism. "This, alongside procedures to monitor tree health and reinforce maintenance, will make it possible to produce beans of a consistent quality throughout the year," the company said.



In a market based primarily on small-scale operations, SOLEA’s strategy is built around two core pillars:

Innovative agronomic techniques. The fertigation methods developed by SOLEA enable high-quality cocoa beans to be produced continuously with high yields;
A model for corporate social responsibility, promoting shared value creation with local communities.

Faced with growing global demand for cocoa, current production is not enough and annual yields need to increase urgently. The industrial solution developed by SOLEA, making it possible to maximize yields and ensure more consistent bean production, provides a strong response to the demand from buyers for consistent, high-quality cocoa whatever the season, positioning SOLEA as a natural, preferred partner for the chocolate industry.

Lastly, Ivory Coast has set up a Conseil du Café-Cacao (coffee-cocoa board) for the regulation, stabilization and development of the coffee and cocoa production sector.

With over 800 hectares planted to date and a target of 3,000 hectares by 2017, SOLEA will be the leading global cocoa producer by some distance.



Callvoire is a subsidiary of Arysta Lifescience. Callivoire is an agricultural service solutions focused on development of Ivorian agriculture -


An important partnership -
CALLIVOIRE a subsidiary of Arysta Lifescience and SOLEA, one of Africa’s largest pure-play cocoa farms, have announced a strategic partnership whereby the former will provide global agro furniture sourcing to support the latter's growth and ambitions.

The agreement will extend SOLEA's access to imported product, mainly high quality soluble fertilisers , biosolution and phytosanitary products through CALLIVOIRE's global supply and sourcing as well as technical support for proper application of the agrochemicals.

Axel d'HAUTHUILE, Managing Director at CALLIVOIRE said « Judging by the vast potential presented by the agricultural sector of West Africa, we were drawn to SOLEA's strategy that incorporates an experienced management team, emphases on sustainable methods, training and respect for environment. We are impressed with SOLEA's positioning as one of few companies in the West African region with a pure-play approach to cocoa production on an industrial scale, using modern irrigation and fertilisation methods, a compelling competitive advantage in a sector where producers tend to be artisan in their approach."

Remy ALLEMANE, founder and CEO at SOLEA said that« CALLIVOIRE fits exactly with our ambition to work mainly with successful and innovative companies. We look forward to building this new partnership, which we believe will provide us with improved continuity of product supply."



The above bodes well in my view, especially given PI have stated that, "Recently, additional, unforecast volumes have been confirmed by Arysta LifeScience to increase in-market stock ahead of their upcoming campaign."

[mthead1968] 02/6/2016 21:42

Wan is clearly an apologist. And I am quite sure he will be able to defend his own views without assistance. Facts speak for themselves. There is too much dependance on Brazilian sales. Our Spanish and Middle Eastern business has gone, looks like the Dutch business has gone too. And Banzai is not a new product either. It's formerly Alethea, renamed in the same way that bugoil was renamed.

[horace_h] 02/6/2016 18:34

Dear Me. We could always count on you to snipe and post only bad news when the share price was in the low teens and you've been quiet until the recent bouncing of the share price around the current value. As with most posters on this good board, Wan has been balanced and attended the Investor days when able. Similarly, Here and There has been a measure of both good and bad and acknowledged the need for "the next leg up" with the introduction of the wheat product as the required catalyst for another leg up in the share price.

If Dr Adams and his team can't deliver then we'll all no doubt reconsider where the share price will go. Thus far they have delivered on all that they said they would and PIM is not just a one trick pony based on the lucrative Veritas product - Banzai being one obvious addition to the previous portfolio. You're entirely free to promote your enduringly negative view but I do not think that Wan deserved that snide comment.

[wan] 02/6/2016 10:36

An interesting and encouraging read -

Sustainable agricultural practices in Latin America with new collaboration
By Source: Bayer
June 01, 2016

Pilot project to put theory into practice

Already in 2015, Bayer and Cefetra have set-up a pilot project, seeking to raise the production standards through certification of sustainably produced soya. This project already enabled the sourcing of more than 120,000 tons of certified soybeans originating from Brazil which are either Certified Responsible Soy (CRS) or Round Table on Responsible Soy (RTRS) certified.

As a result of the positive resonance to this project, both companies agreed to further strengthen their cooperation and signed a three-year collaboration agreement. Both parties agreed to extend the existing initiative to more producers in Brazil, further crops and additional countries. A pilot project on responsible soybean is also going to be initiated in Argentina this year.

"Soybeans are a crop with great strategic importance for the region and for Bayer. We want to advance the adoption of good agricultural practices and innovation in the field and also help growers to improve their farm operations. Certification is one important tool to this end. We encourage farmers to follow certification standards, including RTRS and CRS, which will make their business more sustainable and also more profitable in the long run," summarized Eduardo Estrada, Head of Bayer’s Crop Science division in Latin America.

Full story -

[wan] 25/5/2016 07:59

Obviously and specifically we will get to know more next month in terms of Veritas usage and stock, but the following is encouraging.

May 25, 2016
Mato Grosso Farmers have purchased 55% of next Year's Inputs

The currency exchange rate in Brazil is often times as important to Brazilian farmers as the actual price of commodities. The exchange rate is always on the minds of Brazilian farmers and it can be a major factor as to when they sell their crops and when they purchase their inputs. That is the case once again in Brazil as farmers take advantage of a stronger currency to start purchasing their inputs for the 2017/18 growing season. The exchange rate for the last several months has been hovering around 3.5 Brazilian reals per dollar, which is significantly stronger than at the first of the year.

The Mato Grosso Institute of Agricultural Economics (Imea) is estimating that farmers in the state have already purchased 55% of the inputs needed for their next soybean crop.

The increase in soybean prices have also encouraged farmers to accelerate their forward contracting of soybeans. According to Consultoria Celeres, Brazilian farmers have already forward contracted 16.5% of their anticipated 2016/17 soybean production as of May 13th. The five year average for forward contracting in mid-May is approximately 5%.

These are very attractive prices for Brazilian farmers and Celeres is anticipating that the Brazilian soybean acreage will increase in 2016/17 and that Brazil could produce more than 100 million tons of soybeans.

Full story -

[timbo003] 23/5/2016 09:15

It looks like Bayer are going for it (the Monsanto acquisition that is)

[mthead1968] 22/5/2016 13:51

Agreed H&T. There is no new tech since Marks' departure. Looking at his website (Levity Cropscience) he appears to have created some significant new products. One of the recent announcements on Levitys newsfeed is a contract with a Dutch co-op. Pretty sure they are the same one PI had sales with a while ago for improving potato yield. Impressive claims too. Will check previous RNS's as all the links to PI European Distributors has been removed. Too much reliance on Brazilian sales imho. Atb

[bigglesbingham] 20/5/2016 19:32

Great find wan !! Looks like arysta are really pushing it!!

[wan] 20/5/2016 15:16

For those interested, the following is in French with English subtitles -

Published on 20 May 2016
Banzai is the first biostimulant for cocoa. Watch to learn about the importance of cocoa production and how Banzai is helping growers in West Africa increase their yield.

[here and there] 20/5/2016 14:13

Not sure if I will be going this year; Felt last year was something of a 'beauty parade'. With more and more mid management being employed including PR and marketing I can't see it improving. The last two years there has been v limited Q&A. I like to ask questions which management have to respond to with an audience listening.

The genesis of all products that PIM have on the market come from the brains of David Marks, the co-founder of the company. There has been much talk of new products for soya and wheat coming on to the market….so far nothing. Last years Cocoa product has been with the company for many years. I have trial data on CST dating back to 2008/9.

I expect an RNS on the day of the Investor Day,aka the last two years, hopefully it will be significant, as in the launch of a new broad acre product that has been developed since David Marks's time. The present scientific team have been around for a number of years….time to deliver.

PIM have invested very heavily in sales/marketing/management and research staff over the past few years….all good but expensive and they are entirely dependant on Veritas sales continuing to grow. Any company reliant on one product is vunerable…they need another Veritas.

[bigglesbingham] 20/5/2016 13:39

Brill timbo, just need a feel as to the direction

[wan] 20/5/2016 08:09

Unfortunately I cannot make it this year, but I am hoping we get some coverage/details on the website. That aside any coverage/commentary on here would be much appreciated.

[timbo003] 20/5/2016 07:46

>>>>BB,

I've now received my invite too, so I'll be going along.

[bigglesbingham] 19/5/2016 15:42

Just got my invite to investor day but in Spain. Anyone going?? Here and now:wan?? Need some real info as to how sales progressing and potential off expansion to wheat. Cheers

[visionon] 18/5/2016 12:36

SP creeping up on small volume. trading update soon and hopefully an attack on 60p. It would be a shame if the share price were not above last year's come the investor day.

[timbo003] 13/5/2016 07:46

Interesting stuff, with some significance for Plant Impact

[visionon] 11/5/2016 08:55

my target was 30% YOY starting from 55p last July/Aug i.e. 120p in mid 2018. I think we will need another deal announcement/good trading update on or before the investor day in July to get us near the first leg of that target. but nothing tends to be linear anyway.

next trading update will be June - possibly 1st week based on last year

and last year they announced the cocoa deal on the investor's day

if you share my growth target opinion then today's price would might look good value !!

[trotterstrading] 11/5/2016 08:17

I know there are few seasoned holders here, I'm a relative newbie. Can I ask what holders realistic share price targets are for the next 12 and 24 months please?