• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

CLI - CropLogic Limited

Discussion in 'Stocks 0-H' started by System, Aug 4, 2017.

sentifi.com

Aussie Stock Forum Sentifi Top themes and market attention on:

  1. System

    System Administrator

    Posts:
    2,861
    Likes Received:
    44
    Joined:
    Jun 27, 2010
    CropLogic provides agronomy services to large (1,000+ acre) crop growers. CropLogic currently serves customers in the Pacific Northwest of the United States of America. The Company has also developed technology that assists in the provision of agronomy services.

    By combining technology and crop science with on-the-ground agronomic expertise, CropLogic provides a technology platform that improves crop yield and directly addresses the issues growers face in an increasingly challenging global environment.

    It is anticipated that CLI will list on the ASX during August 2017.

    https://www.croplogic.com
     
  2. greggles

    greggles I'll be back!

    Posts:
    2,459
    Likes Received:
    1,266
    Joined:
    Jul 28, 2004
    Croplogic finally seeing some love after six months of fairly steady decline. Up from 4.4c to 7.6c over the last two trading sessions after two positive announcements yesterday. Intraday high today of 8.4c.

    The company is entering the Australian market through the acquisition of Tasmanian based agronomy services company Ag Logic Pty Ltd.

    They also announced the commencement of the deployment of their in-field sensor technology in the Pacific Northwest region of America ahead of the upcoming growing season in the US.

    big.chart.CLI.gif
     
  3. IrishDigger

    IrishDigger Australia

    Posts:
    71
    Likes Received:
    7
    Joined:
    Mar 15, 2010
    I have an interest in agriculture and was thus attracted to this company.

    Bought in at 0.005 at the close of business on Friday, April 6; have probably caught a falling knife but will hold just out of interests sake.

    The world after all does need food.
     
    Miner likes this.
  4. greggles

    greggles I'll be back!

    Posts:
    2,459
    Likes Received:
    1,266
    Joined:
    Jul 28, 2004
    Crop Logic failed to follow through after its last share price spike in early April and has continued to head lower since then.

    However, today we have seen another share price spike but with no obvious catalyst to explain it. CLI received a Price and Volume Query from the ASX this morning and in its reply asserted that it "is not aware of any information concerning it which has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities."

    Unlike the share price spike in early April, the volume today is huge at around 34 million shares traded. So clearly something is up. The question is what exactly.

    CLI currently up 106.3% to 3.3c so far today with an intraday high of 5c.

    big.chart-CLI.gif
     
    Miner and barney like this.
  5. barney

    barney

    Posts:
    3,522
    Likes Received:
    1,526
    Joined:
    Aug 17, 2006
    Not sure what is going on either Greg but its not a happy looking chart since the last spike:inpain: ….. Needs to hold above 0.014 in the short term.
    CLI 10Dec2018.jpg
     
  6. Ann

    Ann

    Posts:
    2,093
    Likes Received:
    1,028
    Joined:
    Dec 24, 2005
    Appears there may be some money flow into this stock as viewed by the weekly Twiggs Money Flow indicator. Good volumes over the past week. The Positive Volume Index is rising well. Is it a turn around?

    cli 23.3.19.png
     
    greggles likes this.
  7. debtfree

    debtfree

    Posts:
    449
    Likes Received:
    413
    Joined:
    Aug 21, 2008
    I've selected CLI in the April Monthly Comp. Just a chart pick. My short term MAs have moved above my long term MAs, price has dropped back with falling volume and stayed above the 50% pullback. Target 5 cents.
    CLI.png
     
  8. greggles

    greggles I'll be back!

    Posts:
    2,459
    Likes Received:
    1,266
    Joined:
    Jul 28, 2004
    @debtfree picked a winner this month. CLI has been a little ripper over the last six weeks.

    More news through this morning that the company will increase its Industrial Hemp Trial Farm in Central Oregon from 150 to 500 acres to further vertically integrate its agronomy and agtech expertise. The company stated that the increase in size will enable CropLogic's wholly owned subsidiary, LogicalCropping, to evaluate and produce reference data for different growing conditions such as soil types, land contours and elevation in order to optimise crop yields.

    CLI up another 10% to 4.4c on the news.

    big.chart-CLI.gif
     
    barney and debtfree like this.
  9. barney

    barney

    Posts:
    3,522
    Likes Received:
    1,526
    Joined:
    Aug 17, 2006
    Yeah, It was a good looking chart at the start of the month, and its looks even better now:cool:

    Big turn around from the January lows!!
     
    debtfree likes this.
  10. HelloU

    HelloU

    Posts:
    925
    Likes Received:
    296
    Joined:
    Jan 3, 2018
    (is it wrong of me to think jan2020 lows ?...) trade the trade and make hemp while the sun shines i spose.
     
  11. barney

    barney

    Posts:
    3,522
    Likes Received:
    1,526
    Joined:
    Aug 17, 2006
    It depends how accurate your crystal balls are H:p

    Having the US presence might make the difference with this Co. They were talking big numbers with the Oregon deal ….. $30 million in potential profit??

    I think they still have a tiny market cap of well under $10 million (could be wrong) so plenty of upside if the ducks line up.
     
    HelloU likes this.
  12. frugal.rock

    frugal.rock "Time wait's for no man"

    Posts:
    265
    Likes Received:
    318
    Joined:
    May 3, 2019
    I hear the slugs from the air rifles going 'ting ting ting' knocking the 'ducks' off on this proper side show.
    Seeds have been at the nursery for a while now. Closed at 0.035 today but was nudging 036.
    Should see a 'buddy' nice high SP in the 'turd & 4th CY19.
    Oh, "game on" ? o_O:eek:
    Does that mean orchestrated price manipulation ? Or not.
    Cheers
     
    HelloU likes this.
  13. Ann

    Ann

    Posts:
    2,093
    Likes Received:
    1,028
    Joined:
    Dec 24, 2005
    CropLogic advances hemp farm trial with ‘superior genetics’ seed selection

    As it gears up for its first hemp crop in the US, CropLogic (ASX: CLI) has selected three seed varieties with “superior genetics” that are known for their resilience, CBD content and a proven record of successful growing in the region.


    The varieties include T2, Midwest and Berry Blossom and come from companies with good reputations in Oregon where they will be planted.


    “CropLogic has moved quickly to secure superior genetics that have a history of producing superior grades,” CropLogic chief executive officer James Cooper-Jones said.


    With hemp biomass sold based on CBD content, CropLogic explained that higher CBD yields increased the bottom line and were a priority when selecting seeds.


    The industry standard is that buyers will pay a dollar amount per CBD percentage point.


    CropLogic revealed that 900,000 pounds biomass with at US$4.00 per CBD percentage, the crop would generate US$36 million – assuming that the CBD yield averaged 10%. More...
     
  14. debtfree

    debtfree

    Posts:
    449
    Likes Received:
    413
    Joined:
    Aug 21, 2008
    I've picked CLI for the April Comp and it treated me well, I should have stuck with it for the May Comp. It went a lot better than my other pick.

    Just a chart pick as usual for me. 1st target is .05 cents (nearly 20%), 2nd target .075 (nearly 80%)


    Annotation 2019-06-01 001134.png
     
  15. greggles

    greggles I'll be back!

    Posts:
    2,459
    Likes Received:
    1,266
    Joined:
    Jul 28, 2004
    CropLogic continues to make share price gains on no news. Up from 4.5c at Friday's open to 5.6c today.

    It's worth noting that in the last month a total of three Directors acquired more than 10 million CLI shares, either through on market purchases or by participating in the recent placement.

    Those Directors are clearly confident in the future of CLI.
     
    IrishDigger and barney like this.
  16. debtfree

    debtfree

    Posts:
    449
    Likes Received:
    413
    Joined:
    Aug 21, 2008
    I've picked CLI once again for the monthly Comp. It's given me a good showing of late so I'll stick around for that .075 target, nearly 60% if reached.

    Long Term MAs UP - Short Term MAs UP - Rising prices above Short Term MAs (Momentum UP) - Volume still dipping on pullbacks.

    CLI.png
     
  17. Pollocks

    Pollocks

    Posts:
    10
    Likes Received:
    5
    Joined:
    Apr 18, 2019
    Trading Halt, pending release of an annoucement regarding CBD hemp biomass supply agreement.
     
    debtfree likes this.
  18. debtfree

    debtfree

    Posts:
    449
    Likes Received:
    413
    Joined:
    Aug 21, 2008
    Hi @Pollocks

    I didn't follow up with CLI for this month's Comp and was kicking myself a little last night when I seen it went up 16.42% yesterday. :rolleyes: Might regret it even more with a good announcement. :eek:
     
    Pollocks likes this.
  19. HelloU

    HelloU

    Posts:
    925
    Likes Received:
    296
    Joined:
    Jan 3, 2018
    ....... with summer just around the corner it's nearly time for a wardrobe change .... long pants off, short pants on.
     
    qldfrog likes this.
  20. Calmside

    Calmside

    Posts:
    5
    Likes Received:
    2
    Joined:
    Aug 8, 2019
    Hi all. Not so new to investing but very new to posting online which isn't something I normally do but wanted some feedback about a company.
    Sorry to post this in the middle of this thread but I'm not great with knowing how to start my own. If a moderator sees this could you please help me move it.

    I've recently been throwing around some money at small caps and have been looking at a company called CropLogic Ltd (ASX CLI). It's got a tiny market cap but I came across this article just the other day.

    https://smallcaps.com.au/croplogic-deal-supply-hemp-biomass-large-scale-manufacturer/

    Agriculture is not an area I have much expertise in but looking at this recent announcement it seems like the share price could really run from here. Also it seems that the only thing that held the price down the last couple of days was the market drop caused by the US China trade war escalation.

    I was just wanting to get others thoughts on this. Especially those with experience in agriculture investment.

    Thankyou.
     
Loading...

Share This Page