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Bullboard - Stock Discussion Forum 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... see more

CSE:THC - Post Discussion

THC Biomed Intl Ltd > Everything aside..
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Post by s3binator on Jul 02, 2020 10:37am

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.
Comment by Walterthedog on Jul 02, 2020 10:49am
I think KISS is going to take a lot of time to ramp up to the point where it matters but it could very well be the future for this company. The sticks however will differentiate our bud and provide a cheaper alternative to the many pre rolls available and with a filter to boot that may make the smoking experience more enjoyable. I know that cigarettes with and without filters are drastically ...more  
Comment by s3binator on Jul 02, 2020 10:58am
The growth in 2020 over 2019 doesnt account for much of the things you mentioned, so baseline theres already growth in the last year with out any of the new ventures, and hopefully this growth is the minimum going forward, which by my napkin math in the previous post is already pretty good relative to S/P. What I am trying to say is that this is a pretty good calculated investment if following ...more  
Comment by Walterthedog on Jul 02, 2020 11:29am
The eps over the last few quarters you are referring to are basically from bio assets. If you subtract those from the equation (which you should because most people understand that growing assets that havent been sold should never be counted as income), and subtract non cash measures such as depreciation and share based comp you'll see we basically broke even. Breaking even in this industry is ...more  
Comment by Greenbuds on Jul 02, 2020 11:33am
This post has been removed in accordance with Community Policy
Comment by Mattman22 on Jul 02, 2020 11:44am
My take is they can produce alot of kiss but need the orders from BC and ON. They 'can' produce alot but it's a product with a shelf life right? need an order in hand before you make it. Expiring inventory could sink you and dealing with the govt for orders takes time. Let's see what happens but i am confident that they can produce ALOT.  
Comment by Walterthedog on Jul 02, 2020 11:56am
Ontario is a long way away but if they had enough on hand they could have made a shipment that would have made it worth it. And if they could produce a lot it wouldn't have sold out in 4 hrs online and it wouldn't have taken a week to re ship to BC. Just trying to be realistic. They didn't want to automate KISS production until they had some picture of demand which is smart but in my ...more  
Comment by Greenbuds on Jul 02, 2020 3:03pm
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Comment by Mattman22 on Jul 02, 2020 11:12am
I think we will all be surprised by the amount of KISS they can produce with their current setup. I wouldnt doubt it be 1M units a quarter. They have the MJ to do it. Just need the orders from the BC and ON Govt. Let's see what JM can do! 
Comment by Greenbuds on Jul 02, 2020 11:19am
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Comment by Greenbuds on Jul 02, 2020 11:15am
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