RE:RE:Thanks Stocksonlygoup . . . Bravo SAGU, Bravo!
Why does he not come up with "comparables" in the industry to justify his valuation, LOL.
I'm in D9 because I decide to include a cannabis stock and being a value investor "I landed here" as some other shareholder phrased it here. Organigram was expect to post $18M in revenues this latest quarter. (D9 is expected to post $17M) Keep in mind Organigram lost $100 million in the previous quarter. Anywho they beat expectations and posted $20M in revenues with a reduced loss.. Organigram is valued at $1.2 Billion. That is 25 times D9 valuation. This disparity in valuation cannot persist. eventualy poeple will be FORCED to notice D9 and its responsible management of growth of the topline AND the bottom line. Given the same enterprise value respect we ar in for a 25 bagger. Just my humble (but at least backed) opinon.
Canadaforoil only knows the price of everything and the value of nothing. That, or he too sees the incredibe value and has become a conscienceless bash and buy cheaper basher. LOL
StonksOnlyGoUp wrote: And did you really calculate a share price prediction, or did you guess a random number lower than the SP was at the time and then got lucky? Studies have shown time and again that even the pros are unable to consistently predict share prices over the short term. So please, share with the class your so called "calculations".
I think 35 cents is possible if they post an unexpected loss due to say another unexpected write down of inventory. Or if bad news hit the weed sector I could see us dropping with the others. Or a recession in the TSX in general given how much it is up. Thing is you have no way of knowing things like this, so you're obviously just guessing and trying to pass it off as skill, which makes you a poser.
Personally I'm bullish, long term, so I could care less if they go down to .35 as long as the balance sheet keeps improving. People wanna give their shares away, I'll take more. I picked up a few more again yesterday, because I think they're more likey to turn profitable with the big boost in revenue. That's may guess, and unlike you at least I'm honest enough to admit it's just my personal guess.