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Monday, February 28, 2022

An option to be handle with care to - MAYBE - have exposure to the potash industry: Verde Agritech Plc Ordinary Shares (NPK)

With a TSX closing today session at a good 21,126.36 points, my non-registered portfolio closed the session at $139,597.22, my US portfolio at $4,845.01 US, my RRSP portfolio - stocks only - at $66.082,93, and my TFSA portfolio at $129,008,82. My margin debt is now at $45,490. I estimate my net worth to be somewhere in the $337,000, which is not bad knowing the circumstances. Just in case you don't remember, my highest net had been reached a few days ago, on February 9, 2022, with a fabulous $345,622.80 net worth. It's strange but it feels like it's been a long time ago.

Nutrien Ltd. (NTR) value just keeps rising and rising. For today only, NTR registered a +5.661%. A stock that had activities in the same sector, Verde Agritech Plc Ordinary Shares (NPK), also made some great gains today, +2.151%. Since Nutrien Ltd. (NTR) is super expensive and trading over $100 per share, it could be a good idea to invest a little bit in Verde Agritech Plc Ordinary Shares (NPK), if you are looking to have exposure in the potash industry. Personally, I like to have a bit of exposure in bit everything. My favorite sector to invest in is Industrial and the sector I dislike the most is the Technologies, on which I have a very low exposure and I am totally fine with that.

Verde Agritech Plc Ordinary Shares (NPK) is an option, but I don't own any Verde Agritech Plc Ordinary Shares (NPK) stocks. I am not closing the door, but I have a few problems with NPK. I just don't understand why NPK is trading over the TSX since they don't seem to have any activities in Canada. On top of that, NPK doesn't pay any dividends. Verde Agritech Plc Ordinary Shares (NPK) is basically a stock that I discovered over Stockopedia by reading this article and that I had been following ever since. I am just intrigued by that stock, that's all.

I don't like to invest in stocks that are super expensive like Nutrien Ltd. (NTR). I am happy that NTR is in my portfolio. 

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