TSX:HEXO.W.A - Post by User
Post by
Keeleron Oct 21, 2023 10:59pm
271 Views
Post# 35695062
Tilray Brands - has Truss up for sale
Tilray Brands - has Truss up for salein May of 2021, quinlash posted that Hexo's share price (based on the PS Ratio) would be sitting at $100.00 in May of 2022.
In May of 2022, Hexo's actual share price was .09 cents - and as I state below, he was only off by $99.91.
So quinlash - at $2.51 as of Friday close, and based on Tilrays PS Ratio, what is your call for Tilrays share price in one year?
With your 20 years of investment experience - and your proven in-depth knowledge and investment acumen - I'm sure many readers here woudl like to know what you think
thaks
Post by
Keeleron Jan 07, 2023 8:33pm 243 Views
Post# 35209255
Mr quinlashes was off by
$ 99.91 cents (CDN) - I'm no technical analysis, but that's close to margin of error of 100%. Even tonto was only out 60% when he said Hexo sales would be $400 million (SUPER coservative) and they were only $190 million.
quinlash - (5/28/2021 2:20:37 PM)
A year from now.. $100
easy IMHO, based on sales ratios in the sector, HEXO's new combined sales numbers once Zena and 48 north are fully consolidated with HEXO and we have the Redena sales coming in. Important to note that the US will either be legalized by then or the hype in the US market will be in full swing as we should at least have a date for US legalization within a year