RE:RE:RE:Results are out … analysts to follow Agreed 100%! The only thing I didn't like was a 3%ish reduction in revenue, although to be fair, the Nevada market reduction overall was 16%ish, so we're doing better than the competition. Read somewhere that some Nevadans buying cheaper at adjacent states...a bit concerning but Sonny has us on the right track definitely.
We are so undervalued. 9 cents US means about 11.5 cents Canadian which means at 8x P/E ration (a reasonably low valuation) we should be around 90 cents Canadian. Considering many companies trade at 16x P/E ratio or more, we could easily be at 1.80 Canadian. Short scum still working us, but they will be slaughtered when the SAFE act is passed in Senate, likely in the next few months.
glta all
mercedesman wrote: On the surface it looks very good to me !
Positive cash flow
Earnings (P/E is ridiculously low)
Debt being whittled down slowly but surely
IMO, you'd be hard pressed to fiind a better (any?) value stock in the Cannabis sector.
Looking forward to your deep dive Muttley
In the meantime, I am accumulating here, and will continue to add if the general market continues to collapse
MM