- With coffee prices near six-year highs, Q4 is likely to be a game-changer for the company's green coffee business.
- Management expects further upside from recently implemented price increases to the company's wholesale and retail customers and initial sales from CBD-infused coffee products.
- Restructuring of manufacturing activities at a subsidiary and the recent purchase of a roasting facility in Colorado are anticipated to provide meaningful cost savings.
- Management expects to distribute 33% of the company's net profits to shareholders which would mark the first dividend after nine years.
- Should the company indeed deliver a huge quarter, I wouldn't be surprised to see the shares trading up at least 50% on massive volume once the momentum crowd has arrived at the scene.
For further details see:
Coffee Holding: Get Long Ahead Of Anticipated Strong Fourth Quarter Results And Likely Dividend Reinstatement