GREY:IVITF - Post by User
Post by
SmartTradingon Jun 28, 2018 6:07pm
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Post# 28247885
ALEF stock has huge potential........
ALEF stock has huge potential........ Alef company has huge potential. 50000 patients (new patient enrolling everyday), 23 clinics (plan to add 17 more this year), 7000 sq-ft of cultivation (it gives 500-600 KG each year and projected is 38000 KG by the end of 2019). All these are fully funded. To be expanded they will apply for financing and get more KGs. If they can get 38000 KG then it will bring revenue of (taking $8 per gram):
Currency is in CAD;
38000 * 1000 * 8 = $304 millions
Right now there share count is: 136. 15 millions
So RPS ( revenue per share) = 304/136.15= $2.23
They don’t have any long term or short term debt, so RPS of $2.23 is really great!
Hence I am buying it here and will hold until mid-2019.
Now, why mid-2019? Because market will recognize this company as a promising company long before end of 2019 and there will be a buy pressure.