No. 1 NCRA Potential Catalyst - Low Float Intraday Explosiveness?
According to the Yahoo Finance website, NCRA has a tiny float.
The website reports this profile to have approximately 4.38Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility.
Could this week's news help provide a near term spark?
-----
No. 2 NCRA Potential Catalyst - Monday's Huge Purchase Agreement News
Nocera, Inc. Enters Agreement to Purchase 229 Acres of Agricultural Land for US Land Based Fish Farms in Montgomery, Alabama
Acquisition Expected to Increase Current Revenues by up to $10Mn With Potentially $7Mn Gross Profit
TAIPEI, TAIWAN / ACCESSWIRE / September 12, 2022 / Nocera, Inc. (NASDAQ:NCRA) ("Nocera" or the "Company"),a fully integrated sustainable seafood company focusing on manufacturing and operating land-based Recirculatory Aquaculture Systems (RAS), announced today it entered into a purchase agreement to acquire 229 acres of agricultural land for US land based fish farms in Montgomery, Alabama.
...
The 229 acres of land is in the city limits of Montgomery, Alabama. It comes with a house, a manufactured home and a building site with sewer and power which the company will develop into an office and dormitory for Nocera's employees.
Jeff Cheng, Nocera's CEO, commented, "This land acquisition in Alabama would be our first entry into fish farming business in the United States. We anticipate that our technology and design in Recirculating Aquaculture Systems will provide us with a substantial advantage. Being strategically located in the city of Montgomery, we will have access to a significant and skilled labor force along with a robust student population from the Montgomery area. With the price of fish hitting an all-time high, this land purchase will give us a considerable opportunity to become increasingly pro-fit-able. Our in-vest-ment in Alabama is sustainable and green and we will be providing increased sustainable aquaculture in the United States and offering the American Family the best choice in seafood."
...
Read the full article here.
-----
No. 3 NCRA Potential Catalyst - Acquisition News Gets September Kicked Of Just Right
Nocera, Inc. Acquires 80% Controlling Interest In Meixin Institutional Food Development Co. Ltd
Acquisition To Generate Up To $10Mn in Revenue for Fiscal 2023
TAIPEI, TAIWAN / ACCESSWIRE / September 8, 2022 / Nocera, Inc. (NASDAQ:NCRA) ("Nocera" or the "Company"), a fully integrated sustainable seafood company focusing on manufacturing and operating land-based Recirculatory Aquaculture Systems (RAS), today announced its acquisition of an 80% controlling interest in Meixin Institutional Food Development Co., Ltd. ("Meixin"), a Taiwan corporation located in Taipei City, Taiwan (R.O.C.), using Variable Interest Entity agreements (VIE). The purchase price of the acquisition was $4.3Mn.
Meixin, a well-established food processing and catering company established in 2003, is engaged in the production of hot and frozen meals, bento boxes, group meals and processing of vegetables and fruits for other companies in the food industry. Meixin has been catering and serving bento boxes to local banks and companies for the last 19 years, including Chinatrust Bank, Fubon Bang Bank, Eastern Kun, and Good Time Technology. As part of Nocera's vertical integration effort of turning its seafood into delicious and valuable meals, Meixin will produce different food products for Nocera to sell through its distribution channel including bento boxes, takeaway seafood porridge, BBQ eel rice, and seafood fried rice.
Jeff Cheng, Nocera's CEO, commented, "We are very excited about our acquisition of a controlling interest in Meixin and anticipate that Miexin will provide us with a substantial advantage. We want to raise, store, and cook the fish. Our Recirculatory Aquaculture Systems are green using recirculating water, and we believe our bento boxes and food products will generate revenue daily. This acquisition is expected to generate up to $10Mn in revenue for fiscal 2023. We look forward to working with Meixin's management team as we leverage their talent and, together with our marketing experience, position Nocera for future success."
Read the full article here.
-----
No. 4 NCRA Potential Catalyst - Smoking Hot Fi-nan-cial Results Could Draw Significant Interests
Nocera, Inc. Announces Second Quarter 2022 Fi-nan-cial Results
Company achieves a 72% in-crease in net sales versus second quarter of 2021
TAIPEI CITY, Taiwan, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Nocera, Inc. (NASDAQ: NCRA) (“Nocera” or the “Company”), a fully integrated sustainable seafood company with a focus on manufacturing and operating land-based Recirculatory Aquaculture Systems (RAS), announced second quarter results ended June 30, 2022.
Read the full article here.
-----
NCRA Recap - 4 Potential Catalysts To Know Now
No. 1 - Low Float Intraday Explosiveness?
No. 2 - Monday's Huge Purchase Agreement News
No. 3 - Acquisition News Gets September Kicked Of Just Right
No. 4 - Smoking Hot Fi-nan-cial Results Could Draw Significant Interests
-----
Coverage is officially initiated on NCRA. When time allows, do this:
