Post by
Ggeeman on Feb 17, 2019 10:43am
Fact and quick valuation
HIP's location puts them right on the main Highway between the New York State and Toronto..prime time real estate people, right in wine country, unlike many others in Timbuktu....fellow Reddit poster did some level headed valuations based on figures used to value APH AND WEED - THIS IS HIP'S ------Earnings required to justify share price. At a 20 P/E, $4.00 whoesale, 1.30 COGS and 1$ Opex (variable inputs), corporate tax rate 26.5%, etc. I have them at a $1.30 share price for selling 28,000kg. That is with the Niagara operation at full capacity, which its currently completed and liscenced for 12,500kg/yr. The other half is erected and waiting for concrete to be poured.
Comment by
StockMonster99 on Feb 17, 2019 10:49am
Those are conservative numbers too when considering the PE on other companies in the sector and the retail price hopefully being a bit more. Can’t wait to see the financials (if they are good) . I’m confident they will be tho, wouldn’t have this much cash riding on it if I didn’t believe there is big value in the company.