Get started
Farmmi, Inc. Ordinary SharesFarmmi, Inc. Ordinary SharesFarmmi, Inc. Ordinary Shares

Farmmi, Inc. Ordinary Shares

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Seasonals

FAMI trade ideas

$FAMI Farmmi Inc NASDAQ:FAMI Farmmi Inc entry PT 1.10-ish Target PTs 4 --> 8.60 and higher Farmmi, Inc., together with its subsidiaries, processes and sells agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. The company offers shiitake and Mu Er mushrooms; and other edible fungi products, including bamboo fungi, agrocybe aegerila, pleurotus eryngii, coprinus comatus, grifola frondosa, and hericium erinaceus. It also operates Farmmi Jicai, an online store that sells edible fungi products under Forasen and Farmmi Liangpin brands; and Farmmi Liangpin Market, an online store that sells edible fungi products under the Farmmi Liangpin and Puyangtang brands, as well as other agricultural products. In addition, the company processes dried mushroom and dried black fungus. It offers its products to restaurants, cafeterias, and local specialty stores, as well as through distributors. The company was incorporated in 2015 and is headquartered in Lishui, China.
NASDAQ:FAMILong
by BADQOMOCAWGOWLD
1
FAMI - Reversal SoonHello Guys, I hope my chart is helpful for your investment. Now, it is 0.2280 area. It seems to be ready to spike up soon. Please, review my chart and comment if you have any good info. I analyze based on double top. So far, we have 2 Double Top (2 TP). Also, I draw the reversal price. If the price is moved above reversal price, it means no more down 0.2280. See this news. - China Attack Plan to Tailand. - Omicron Vaccine - all of Transportable services and business are no good. - (Minor) - Oil Price : Oil Price is related with Covid-19 If all of them are positive, it will be started to move up.
NASDAQ:FAMILong
by thdehddns
2
Gambling on Farmmi. FAMIWe believe there are three or so likely scenarios for this penny stock, two of them are bullish now. Because the price is under a dollar, the volatility can be absolutely insane with these type of things. We are not committal, but relatively confident for a short term bullish scenario on this one, whether this is an upgoing zigzag, a new impulse or something else. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NASDAQ:FAMILong
by Rykin_Capital
Bearish of Farmmi Inc. FAMIWe are correctign on some kind of an impulse on this one. We believe we are heading South over the next week or so here. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NASDAQ:FAMIShort
by Rykin_Capital
FamiLookin at the chart i dont see divergents yet on dsily. Potential rising wedge or ascedning tribgld on 4 hour time frame Had a high of .65 cents and key resistance .60 cents. As long as we dont get a big rsi rejection on daily RSI still has a little more room to run. 4 hour rsi is correction currently 1 hour has a smaller asceding wedge so you close above .50 cents you should get another push. Keep eyes on diverents of you get into the 60 cent range mainly on 4 hour or daily. That will be your sell signal!!! Good luck!
NASDAQ:FAMI
by Erictaylor
FAMIFarmmi, Inc., together with its subsidiaries, processes and sells agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. The company offers shiitake and Mu Er mushrooms; and other edible fungi products, including bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondosa, coprinus comatus, and hericium erinaceus. It also operates Farmmi Jicai, an online store that sells edible fungi products under Forasen and Farmmi Liangpin brands. In addition, the company exports dried whole and sliced shiitake mushrooms, and dried black fungus to Israel. It offers its products to restaurants, cafeterias, and local specialty stores, as well as through distributors. Farmmi, Inc. was incorporated in 2015 and is headquartered in Lishui, China. 5 waves down with a double bottom at the 95% retrace with a nice double bottom put in. Only an idea, not investment advice.
NASDAQ:FAMI
by maverick1239
Farmmi Set to Capitalize on New Wellness TrendsStriving to vertically integrate its business, the company has been preparing for a major boost. ● Farmmi has a long record of unstable financial performance. ● The company's solid supply chain system and business model can integrate online and offline platforms and trigger potential future growth. ● Along with the public's increasing health awareness, Farmmi can seize more opportunities to build extensive global networks and explore new products, like fungi-based snacks. ● The share price of the company is currently hovering at low levels, which might provide investment opportunities in the middle term. Farmmi (FAMI:NASDAQ) is a Chinese agriculture products provider that mainly processes and sells, as of July 2021, four different kinds of products: Shiitake mushrooms, wood ear (or Mu Er) mushrooms, other edible fungi and other packaged dried fungi. The company runs both an e-commerce platform and offline stores. Founded in 2003 and headquartered in a small city in east China, Farmmi is experienced in forming alliances with local family farms that allow the company to offer products to restaurants, cafeterias, local specialty stores, as well as through distributors. Here, we analyze this small share opportunity and discuss the company's potential. Quality – volatile profitability and cash flow generation Farmmi's financials have lately been somewhat unstable. The revenue has been growing slowly – and even declined in 2020; operating income peaked in 2018 and has kept declining since. Farmmi's net income has also shown high volatility. Since 2015, the company has been reporting unstable and negative operating cash flows. Basically, it delivered unfavorable financials all the way after its IPO in February 2018. What is more, the company's capital expenditure kept growing, but the limited value has been generated, resulting in a downward-moving return on capital. Growth – optimistic trends and industry dividends Despite Farmmi underperforming in the past years, investors should not be overly concerned about the lasting effects on the company's future development. We believe the company has a more positive side on financial growth and cash flow stability that will reflect in its future growth. As mushrooms and fungi are categorized as 'wellness food,' Farmmi focuses on such products, exploring overseas markets. Now, 94% of the company's revenue is generated domestically, while 6% comes from international markets, including the United States, Japan, Canada and the Middle East. An insider has informed EqualOcean that Farmmi's top executives have recently been actively building networks and seeking major brand cooperation to further expand in the North American market this year. By May 2021, Farmmi had raised USD 7.4 million of post-IPO financing to fund its business expansion. What is more, with the decreasing price of raw materials and improving cost control capabilities, Farmmi is expected to report better operating margins. So far, the figures have never fallen below the peer average level. Unlike many traditional agriculture producers in the space, Farmmi has been utilizing trendy tools, like web-based products, to ensure its future competitiveness. The recently raised funds are leveraged by the company to enhance its e-commerce capabilities, IT and supply chain systems. These capital expenditures and the integration of online and offline business models may generate more income for the company. The entire industry will release more dividends for Farmmi as well. The Chinese fungi market has been constantly growing since the noughties, providing growth momentum for Farmmi. The health and wellness trend has also expanded the market capacity for mushroom and fungi-based snacks, which Farmmi is building its future strategy around. For most food companies, it is almost impossible to survive for over ten years without a solid supply chain system, technology support and cost and risk management abilities. Paying close attention to these aspects, Farmmi is poised to ride the global wellness trend with the increasing fungi consumption. Price Momentum – upward The stock of Farmmi seems to be currently undervalued. Without any warning signs in its financial performance, the share price has been going down since it went public in 2018, reached the lowest level ever. As a small Chinese food brand, Farmmi might have less recognition among global investors, and we expect this situation to continue in the near future. However, the big picture appears brighter, as the company its making progress in cost control, harnessing technology and has a lot of room for development – both geographically and scope-wise. For the full article with the charts, please visit the original link.
NASDAQ:FAMI
by EqualOcean