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THC Biomed Intl Ltd C.THC

Alternate Symbol(s):  THCBF

THC Biomed Intl Ltd. is a Canada-based cannabis company. The Company is engaged in the production of medical and recreational cannabis. It is licensed to cultivate and sell dried, extract, edible and topical cannabis. The Company is also engaged in scientific research and the development of products and services, with patient safety as a guiding principle. Its subsidiaries include THC BioMed Ltd., Clone Shipper Ltd., THC BioMed Victoria Falls Ltd., THC2GO Dispensaries Ltd. (THC2GO), and THC BioMed Lesotho Ltd. (THC Lesotho).


CSE:THC - Post by User

Post by s3binatoron Jul 02, 2020 10:37am
83 Views
Post# 31215507

Everything aside..

Everything aside..
and assuming the 9 month earnings of about 1 million is the 12 month earnigns, the company currently has a P/E ration of about 30. This is super concervative and not bad already, if we see further growth 2020 over 2019, and increase earnings to closer 1.3 million in the next quarter, the S/P should at the very least stay or go up just on basic fundamentals and keeping P/E ratio 20-30. Past this quarter, if things keep course then a 30 P/E ratio is justified as there is obvious growth for now.

This is baseline, if any type of speculation events or anything else happens then there might be large jumps in S/P.
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