Newstrike Brands Ltd NWKRF

Just for Fun... Value Position of HIP to ACB & WEED

[quinlash]

Decided to share part of my scratch sheet I use for investing.. just for fun here are the numbers as of today and how we rank up again two of the major players in regarding to potential returns..

Essentially this just shows how low HIP is trading against its CURRENT 52-week high and the RBC assigned fair market eval numbers... this is why I decided to re-enter MJ with HIP over ACB and WEED... it's all about the returns...

DISCLAIMER:  DO YOU OWN DD... this is JMHO on things...

	CURRENT	EVAL	% of full value	52 wk High	% of 52 wk high
WEED	$52.78	$54.05	97.65%	$76.68	68.83%
ACB	$8.50	$8.63	98.49%	$16.24	52.34%
HIP	$0.52	$0.81	64.20%	$2.63	19.77%

[EagerBeaver1972]

I appreciate and value the RBC portion of the analysis, but 52 week highs are not of much value as last January was hysteria. I remember one company went up 80% over a day when they bought an empty field. Oh I would love one more opportunity like that however thanks for the analysis. Reassuring 

[quinlash]

Yes, totally agree, the 52 week high on HIP was when the CanniMED takeover was in talks however this was also before Newstrike had a license, before legalization and before provincial agreements.  HIP also had a 80 million dollar cash injection after Cannimed broke the contract.   Lots has changed for HIP since the 52 week high and all drastically in the favor of a high evaluation.

[mozzarella]

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[Ifallo]

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[quinlash]

Your beautiful green eyes Mozz... really?   ROFLMAO.. God almighty you make me laugh some days.... :)