Chalice Brands Ltd CHALF

Re: Buy rating $2.46

[mugs19]

That puts us to the equivalent of 10.7 cent SP pre-consolidation and anouncement of fund raising at 6cents/share. Are we supposed to be impressed or pi$$ed?

mugs

[Bestbuybully]

The only reason we have that buy rating is because of the new retail acquisitions. The reason we were able to get that acquisition was the financing deal. So in short, you're supposed to be impressed. jezzz it gets tiering explaining these incredibly simple concepts to you guys lol

[daveinvestor]

In addition to what BBBully has mentioned regarding why they consolidated, $2.46 is what the Fundamental Research Corp Analysts have determined to be the current fair market value of the stock. pre consolidation the company was worth this much approximately  1,358,871,942 (total shares out) X .06 cents = $ 81,532,316.52 CDN post consolidation the company is current worth this much 

[Snakebite18]

Nice report. Good to see a fairly strong EV/R multipler. Page 10 pretty much sums it up for me. Low risk assessment with a buy rating, with a job well done to the new team added in as well, says it all. There words, not mine. Also to note, Chalice Brand also thinks they can add as much as 10% to that number by Q4, so these predictions might be on the safe side. Whatever the case, this report tells

[mugs19]

If Chalice is undervalued post consolidation then it was undervalued imediately pre consolidation. Yoiu can't have it both ways. My point being, it was already fairly valued when the SP was at 10 -11 cents/share. Why do a fund raising at 6 cents??? That was way too cheap. I'm not not impressed. mugs

[daveinvestor]

I understand and it has been undervalued for a long time, including pre-consolidation. The key difference this time, is that there is a very detailed report laying out why it's undervalued with a buy rating. We didn't have that before. All the events leading up to the report were necessary: Fund Raising, New Acquisitions, Consolidation. If those things didn't occur, they company

[mugs19]

Daveinvestor, I appreciate your input. It's civil and much better than the rabble that just preach, pump and talk down to anyone who don't agree with them. I actually did sell all my shares purchased at 2.5 and 3.5 cents for 6.5 cents for a small profit. I only wish I dumped all my holdings when it was 11cents/sh. I was almost even. However, the ones I hold now are at a much higher

[SHOWMEURKITTYS]

longs have no choice but to reinvest, 

[RiskyBiz928]

At least they have turned it around though - profits, stores, better management. I feel alot better averaging down now than in the past. Future looks good. Legalization will set this baby ablaze... next year? C'mon Dems, push it through, I know you are trying your darndest! :-)

[SHOWMEURKITTYS]

  true true, usa legal will be game changer, there all just trying to figure out how to capitilize on doing it, meaning (gov) filling there own pockets since they or nobody can really invest into the mj space in the usa. i bought when they said they were changing all the second cups to weed shops. so yeah. im waiting and not by choice, long lol glta