Post by
Dunworkin2 on Sep 25, 2020 8:48am
No stone left unturned
Onwards and upwards. Attention to detail will get us to profitability in good time. While we would have all liked to see revenue a bit higher in Q4,they are on the righ path. Having more stores own in Ontario, producing premium quality and also having a value (Hiway) product along with more SKUs, more H&F, Rec sales will keep growing.
The attention to detail - someone there at the Kincardine plant had the brains to suggest and change from propane to natural gas heating. This will be an annual savings of over $1 million. That's but one small example. That's the kind of positive change that contributed to profitability.
Last thing i want to see is skin in the game by Beena and BoD. The future is looking bright if they can continue to execute.
Comment by
Dunworkin2 on Sep 25, 2020 8:51am
spell check! "That will contribute to future profitability"
Comment by
Munny23 on Sep 25, 2020 8:57am
Beena and co. should be buying up if they believe in their company. It's at historically low prices, wonder why they haven't opened their own pocket books?
Comment by
HorsesforCourse on Sep 25, 2020 8:58am
They have plenty of stock options as part of their compensation.
Comment by
Method on Sep 25, 2020 9:20am
Presumably in blackout period until now. We'll see if they do any buying.
Comment by
theTransporter on Sep 25, 2020 9:24am
We're also 45 days from Q1 results. Would they still be in a black out period as a result? what is the time period?
Comment by
Method on Sep 25, 2020 9:27am
Every company is different. Ask IR, maybe they will tell you.
Comment by
Dunworkin2 on Sep 25, 2020 9:30am
Good question, not sure what the blackout dates are. Beena has options at 30 cents, if they aren't in a blackout, open market buying outside of the blackout would send a positive message, especially for us little retail investors.