VFF Is The Bottom in?

House Positions for C:VFF from 20190410 to 20190410

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
79 CIBC	1,000,627	18,105,373	18.094	700,763	12,711,903	18.14	299,864	-5,393,470
7 TD Sec	532,934	9,653,345	18.114	443,610	8,015,673	18.069	89,324	-1,637,672
85 Scotia	179,559	3,256,150	18.134	126,129	2,285,972	18.124	53,430	-970,178
87 Beacon	51,000	922,108	18.081	0			51,000	-922,108
2 RBC	232,063	4,201,190	18.104	197,017	3,566,915	18.105	35,046	-634,275
124 Questrade	105,245	1,909,185	18.14	70,773	1,281,209	18.103	34,472	-627,976
80 National Bank	103,125	1,874,897	18.181	68,735	1,250,147	18.188	34,390	-624,750
88 Credential	38,983	709,307	18.195	26,512	480,192	18.112	12,471	-229,115
13 Instinet	98,500	1,780,292	18.074	88,625	1,604,491	18.104	9,875	-175,801
19 Desjardins	14,775	268,510	18.173	7,010	126,554	18.053	7,765	-141,956
5 Penson	74,805	1,352,395	18.079	67,706	1,228,148	18.139	7,099	-124,247
65 Goldman	4,500	81,741	18.165	1,612	29,221	18.127	2,888	-52,520
143 Pershing	3,524	64,552	18.318	1,767	32,117	18.176	1,757	-32,435
94 Hampton	1,000	18,130	18.13	0			1,000	-18,130
99 Jitney	43,500	786,555	18.082	42,700	772,598	18.094	800	-13,957
33 Canaccord	500	8,995	17.99	0			500	-8,995
68 Leede	1,000	18,116	18.116	1,000	18,015	18.015	0	-101
62 Haywood	500	8,920	17.84	500	8,980	17.96	0	60
89 Raymond James	100	1,792	17.92	250	4,522	18.088	-150	2,730
57 Interactive	4,700	85,542	18.20	5,000	89,835	17.967	-300	4,293
36 Latimer	2,445	44,156	18.06	3,479	62,906	18.082	-1,034	18,750
9 BMO Nesbitt	81,016	1,464,916	18.082	85,269	1,537,527	18.031	-4,253	72,611
28 BBS	655	11,803	18.02	5,350	98,428	18.398	-4,695	86,625
39 Merrill Lynch	75,060	1,358,133	18.094	82,435	1,489,995	18.075	-7,375	131,862
53 Morgan Stanley	4,300	77,449	18.011	22,394	404,167	18.048	-18,094	326,718
8 Eight	0			20,000	361,988	18.099	-20,000	361,988
72 Credit Suisse	36,535	657,650	18.001	64,700	1,164,472	17.998	-28,165	506,822
1 Anonymous	683,136	12,358,110	18.09	1,240,751	22,453,337	18.097	-557,615	10,095,227
TOTAL	3,374,087	61,079,312	18.102	3,374,087	61,079,312	18.102	0	0

Beacon Securities analyst Doug Cooper nearly doubled his share target for Village Farms International To $60.00

Globe says Village Farms International kept at "buy"

2019-04-03 08:16 ET - In the News

The Globe and Mail reports in its Wednesday edition that Beacon Securities analyst Doug Cooper nearly doubled his share target for Village Farms International ($20.04) in the wake of Monday's announcement that its 50-per-cent-owned joint venture, Pure Sun Farms, has exercised its option on the existing 1.1-million-square-foot Delta 2 greenhouse facility in Delta, B.C. The Globe's David Leeder writes in the Eye On Equities column that Mr. Cooper says in a note: "This will double the size of PSF's footprint ... to 2.2 million square feet. We believe this catapults PSF to top-3 status in terms of scale of all of the Canadian LP's in terms of domestic capacity. As a reminder, PSF also has an option on D1 (2.4 million SF), which is available until Sept. 28, 2021. If that is optioned, we believe PSF will be the largest Canadian LP and could ultimately have 30-40-per-cent market share in Canada." With an unchanged "buy" rating, Mr. Cooper hiked his share target to $60 from $32. Analysts on average target the shares at $41.25. Mr. Cooper adds, "In terms of total production, our recent site visit confirmed that PSF is currently on a 50-55,000 kilogram run-rate (making it one of, if not the largest Canadian producer."

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