$PGUS's CEO Jan Telander reiterated yesterday hat
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Posted On: 02/24/2017 2:29:59 PM
$PGUS's CEO Jan Telander reiterated yesterday hat he's confident the company will be cash flow & earnings positive this year.
He also conveyed that the plan is to expand current agriculture production by 1000% by 2020. The 1st 100 acre harvest of chili peppers will take place in July. This will be a huge + for ⬆️ cash flow.
Jan spent a lot of time talking about the 5100 acre oceanfront Baja development. It's named Cielo Mar. Obviously a long-term plan. Marina, golf courses, equestrian facilities, hotels, homesites, homes, condos, shopping, etc.
PGUS will not develop everything itself, but rather sell or lease the land to companies to develop the commercial properties.
As I read many months ago, the Mexican government is dedicating "Pantloads of Pesos" to the further development of the Baja Peninsula, w/focus on the area south of Ensenada and north of Los Cabos. That will be a big help to PGUS's Cielo Mar development. Lots of infrastructure, including an airport, is needed.
Taking into account only its agriculture ops, I believe that a fair/conservative current valuation of PGUS's stock is $.30-.50. (It's trading today at $.0270).
He also conveyed that the plan is to expand current agriculture production by 1000% by 2020. The 1st 100 acre harvest of chili peppers will take place in July. This will be a huge + for ⬆️ cash flow.
Jan spent a lot of time talking about the 5100 acre oceanfront Baja development. It's named Cielo Mar. Obviously a long-term plan. Marina, golf courses, equestrian facilities, hotels, homesites, homes, condos, shopping, etc.
PGUS will not develop everything itself, but rather sell or lease the land to companies to develop the commercial properties.
As I read many months ago, the Mexican government is dedicating "Pantloads of Pesos" to the further development of the Baja Peninsula, w/focus on the area south of Ensenada and north of Los Cabos. That will be a big help to PGUS's Cielo Mar development. Lots of infrastructure, including an airport, is needed.
Taking into account only its agriculture ops, I believe that a fair/conservative current valuation of PGUS's stock is $.30-.50. (It's trading today at $.0270).
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