Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root.


GREY:CHALF - Post by User

Comment by Orwellian1984on Jul 08, 2020 12:19pm
80 Views
Post# 31239828

RE:RE:A basic question

RE:RE:A basic question

tnx SafeInvestor. Would you please add more details on how you came up with your number?

Here is my input that I had shared it months back with small changes:

I think the primary problem of GLH is not its negative EBIDTA but is two fold: 

The significant debt it has
The lack of trust by big investors due to its shady records and lack of transparency

Its EBIDTA is better shaped compared to many competitors but not the debts.  If the $22 M total liability goes to zero the fair price could be even north 20 cents. This mean x10 increase in market cap. This is a no brainer for investors. If GLH can find new investors paying $20M for 1B new issued shares at 2 cents, all win very fast:  the 10 fold increase in market cap means 5x increase in price (in spite of 2x dilution)

Here is were the 2nd problem arise: trust. 

Ofcourse the current debenture holders want it all and resist to share the cake. But the dumping game can go eventually against them if the management only consider themselves committed to the investors and adopt transparency.

 

<< Previous
Bullboard Posts
Next >>