Bullboard - Stock Discussion Forum Emblem Corp EMMBF

Healthcare Biotechnology Cannabis

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."

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Emblem Corp > With ALEF climbing like it is....

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Post by 82Supra on Jan 11, 2019 9:12am

With ALEF climbing like it is....

might turn out to be a not bad deal. I'm sitting on 1.60 EMC entry and wih ALEF climbing, I could see my return.
What are other share holders expecting for a fair price for EMC?

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Comment by Stiltskin on Jan 11, 2019 9:19am

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Comment by DoItRight on Jan 11, 2019 9:37am

LINK TO NEW ARTICLE

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Comment by Kornooto on Jan 11, 2019 10:28am

With alefa at 1.67 right now EMC should be 1.38 witht he deal.

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Comment by Mamalikespie on Jan 11, 2019 12:12pm

I see the price should be around, 1.5 - 2. If the ALEF deal wasn't a thing, I would have said that emblem should be going to 2-2.7 by Q2, just on sales. I was expecting them to miss their 80m sales target, but have minimum 40m in sales, which makes a forward P/S ratio of around 4, reasonable for this industry. This would be what they should be valued at by Q1, once they have demonstrated some ...more

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Comment by MrOptimization on Jan 11, 2019 2:30pm

I agree with this analysis. I see it being around 1.5-2 by end of Q2, and that the resistance barrier is at 1.21 until the vote is tallied. I'll likely get back in closer to vote day, so I can make money in the meantime. I just bought Aphria today, after doing a 1 day flip on Aurora Cannabis.

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