TSX:HEXO.W.A - Post by User
Comment by
flamingogoldon Dec 23, 2022 10:53am
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Post# 35189433
RE:RE:Market Capitalization
RE:RE:Market CapitalizationDYODD... what a joke. Obviously, you have not been doing yours. Pumping this at levels 90% and higher. You are fooling no one. quinlash wrote: First off you may want to read over the MD&A document on their website, it states that the company has the capitial (cash) available to address the next year. With the SP over .30 it also has access to KAOS funding to the level of 180 Million (in exchange for shares on an as-needed basis). It is also worthy to note that HEXO Corp is one of only 5 companies listed as a Top Tier 1 Producer meaning it's one of very few with the top revenue numbers in the industry.
On the topic of market share... this is a topic I think is throwing some folks off as the Cannabis market is still emerging / growing and judging companies on progress in capturing market share is actually tricky at this point. Think of Market Share in terms of a pizza, if may think you can always walk into your favorite pizza place and eat the same number of slices of pizza however if each month the pizza gets bigger then eventually you will eating less and less of that pizza (as a percentage). As the cannabis market expands it will be more and more difficult for companies to take in the same amount of market share (pizza)
IMHO shares in HEXO Corp are trading at an insane discount to competitors based on Book and Sales Ratios, the company has the potential to be bought out by Tilray so I see that as my safetly net. I am a dollar cost average investor so I will look at adding either cash but more likely time to the investment and patiently wait for the market to realize exactly how undervalued the shares truly are.
JMHO / DYODD / GLTA
Q
- Long on HEXO