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
Greenbuds on Jul 02, 2020 11:33am
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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
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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