Emblem Corp EMMBF

Comparing Valuations

[spasticated]

I was looking at EMH, which has had a notable run in stock price recently. I don't know much about the company apart from looking at their financials. Their Q3 financials show 200k revenue, and 46 million in assets. They are currently sitting at a 350 million market cap. 

What makes this company worth triple EMC at the moment? Genuine question

[gkmackdadzzz1]

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[DanielBoone733]

Ya right now financials sure don't seem to matter, which is ridiculous. It's more of a bonus. It will simply be because of their JV with Village Farms where they have potential for 3-5 million square feet in grow space.  They are starting with 1.1 million square feet which is already a green house and just needs to be modified. I guarantee you, if EMC announces tomorrow that they

[DanielBoone733]

Jesus did everyone jump ship and start buying EMH because of my post lol???? EMH is at $4.30 right now.  Dano

[gkmackdadzzz1]

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[fixer8888888888]

To the contrary the market will be no where near saturated when the projected rec/medical Canada wide demand after July 1st,18 will be over 600,000kgs.  Canada wide output today is 30,000kgs, so we're at 5% capacity, requiring MAJOR expansion of production facilities across the country.  All we need is for EMC to start rolling outs tangible plans to execute the massive demand, and

[deminimis]

Projected capacity for 2019 is now well over 1 Million KGs if all of the LPs follow through on their stated plans and achieve their stated yields. This is why I think EMC was smart to prioritize building out a pharma facility over a grow facility, the share price will get a lift when the market finally realizes this too (could be a long wait)