Good Natured Products Inc. GDNPF

Company Kicking Butt in Q4???

[shareswapper]

Seems like it as the share price is starting to move North .....

[tinselfarm]

Yep it sure is lol. If you knew anything about this company you would realize that Q4 is always the softest. Don't expect fireworks until this new fiscal year. 

[shareswapper]

Q3 was a nice lift over Q2 in terms of both top and bottom lines.  This company has been out in the Doghouse over 2022 and start of 2023 but now sees orders firming particularly through new contracts on the pacakaging side.  I'm expecting further cost reduction in Q4 and if it outstrips Q3 we could be onto an improving trend that could see a nice recovery in the share price.  We

[tinselfarm]

Yep, definitely moving way north. Lol

[shareswapper]

Not worried about Nickel moves in either direction as some here.  I'm in GDNP for the BIG MONEY, won't sell until we hit $1.00 range again.  Long term interest rates are dropping should bode well for GDNP in 2024 .....

[Chitoryuteacher]

Pauls original target Price for a sale was $5

[PlasticOno]

The time he made that statement the amount of outstanding shares was way less than today, maybe half of today's. But a $2.50 would be a nice target from here.

[shareswapper]

Well at this point it will be sold no doubt about it.  Munford is in to have them clean up the balance sheet, slash costs, tip us into profitability and sell us off to the highest bidder JMHO.

[Chitoryuteacher]

I would love a $2.50 buy out. But how realistic is that? Not being sarcastic. Genuinely asking. 

[PlasticOno]

Just playing with numbers: If they can manage to grow from $80m revenue today by annual 40% annually over the next 5 years they could end up with $430m revenue. Companies are moderately sold with a 1.5 multiple. $645m divided by 300m shares would make a $2,15 per share. No idea if this growth rate anywhere realistic or this could be realized without further dilution etc. If the economy collapses