RE:RE:Comparative projections FIRE, ACB, CGCQuite the opposite bk, every company in any industry needs to realize profit to survive or the doors close and no informed investor is going to put and/or keep their green in any company that is not profitable or does not have a reasonable to high ability to be profitable.
FIRE looks to be profitable at or near 50% of full production with many avenues to persue in future expansion/growth of the company, while WEED, ACB et al are turning big coin but with consistant losses....Constellation could see the writing on the wall, sent Linton to the house and will put a business management team in place to turn the company around and start showing profit. The FIRE team has been bang on the right path with product and it's production, even the B2B method of distribution is sound but not so much at least at this time, there will be much better control overall and a much more efficient supply network in place that will increase net margins going forward.
They have shelved the Cali Style ultra premium production in the near term and will utilize those assets in the packaging/ supply area and focus on the KKE product lines along with additional premium herb additions to the menu....this will allow for the company to mature quickly, iron out all the issues with the internal and marketplace start up and hopefully be brought into production in the not to distant future.
The hype valuations are done and like all sectors and companies it is fundamentals that determine valuations and FIRE is on track to realize profit among, if not before, the rest in the sector and much earlier than any in their roll out in the market. The positive net margins will only increase SP levels exponetially for some time to come, there just is not a better scenerio out there today, JMHO...Opt
brentkosta wrote: it's extremely undervalued only relative to other pot stocks. But relative to other industry, it can reasonably trade at 50 cents and analysts wouldn't bat an eye
WCoyote wrote: Curernt MC, Projections for 2020. Just simple, easy to look up facts. No hype, no bashing, no pumping.
FIRE: MC = $440M, Projected revenue=$180M, Ratio 2.44, Projected EPS = +$0.05
ACB: MC=$6.45B, Projected revenue=$593M, Ratio 10.9 (!), Projected EPS = -$0.14 (!)
CGC: MC=$11.25B, Projected revenue=$617M, Ratio 18.23 (!!), Projected EPS = -$4.51 (!!!)
CGC is valued at more than 18 times it's projected revenue even though it is expected to net a loss of $4.51/share for 2020!
ACB is vlaued at nearly 11 times it's project revenue even though it is expected to net a loss of $0.14/share for 2020.
FIRE is expected to net a profit of $0.05/share for 2020 yet is only trading at 2.4 times it's projected revenue.
So, honestly how does this make sense? How do some idlots around here even dare to think FIRE is overvalued? It boggles the mind...