August 2020
Stock I'm watching this month:-
ROO - Roots Sustainable Ag Tech Ltd
Sector: Industrial
Market Cap: 4.04 Mil
Price/Earnings: N/A
Price/Book: N/A
Return On Equity: N/A
Return On Assets: -184.02%
Debt/Equity: N/A
Reasons to watch: ROO is an Israeli based ag-tech company developing and commercializing technologies to address problems faced by the agriculture industry. It's RTZO product is so far well accepted by existing customers. ROO also recently set up a plant based meat department to capitalize on the growing sector. The plant based meat market was estimated to be worth US12.1 Billion in 2019.
Risk: Management has to drive and deliver sales. The company is still loss making.
Sentiment: Buy
Disclosure: Held
Current Price: $0.025
My Strike Price: $0.02 (Morningstar Intrinsic Value: $0.03)
Disclaimer: This does not constitute any financial advice or stock recommendations. As always, Do Your Own Research.
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