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Bullboard - Stock Discussion Forum Choom Holdings Inc CHOOF

Choom Holdings Inc. is a Canada-based retail cannabis company, which is established as store networks in Canada. The Company’s Choom brand is inspired by Hawaii's Choom Gang, a group of buddies in Honolulu, who loved to smoke weed or, as the locals call it, Choom. The Choom Gang pursued a ‘live in the moment’ lifestyle and their energy has helped shape the Choom culture, which is rooted in the... see more

GREY:CHOOF - Post Discussion

Choom Holdings Inc > Choo Market cap
View:
Post by FordVictoria on Mar 23, 2022 8:15am

Choo Market cap

MC of 7 million, I understand many here are very disappointed with Choo no blame in that it has performed poorly to say the least however at this point they have sales for 17-18 million a year gross marging of 37%, I am not considering any debt but starting to look like it is oversold any serious opinion with numbers from long term SH is really appreciated.

GLTA.
Comment by Nanardude on Mar 23, 2022 10:37am
well as you said you are not considering debt but you should. Also Choom is not showing any revenue growth and thats the most concerning, nobody will buy a sinking boat...
Comment by FordVictoria on Mar 23, 2022 3:52pm
There many things to look at, there is also assets, with so many stores those has value, question is is it worth only 7 millions?, starting to look like it might even go to 4.5 million (I have my orders waiting there) or fair price is .02 cents or .05, market dictates but an educated opinion with numbers is appreciated, I am not a big SH, had a half a million shares before but bailed before the ...more  
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