Our ‘best good buddy’ quinlash telling everyone what is common knowledge.
His motto is 'you trust ME - I'm your friend'
Anyway - quinlash is wrong about book value - he doesn't understand it for one thing, but considering Tilrays assets are inflated because there's $2.25 billion US included - that should be removed from the calculation - quinlashes be is distorted and inaccurate.
Below book CAN be an indicator of an undervalued stock - but you need to drill down on that number to arrive at a realistic figure. Tilray is hardly over valued - and regardless, a low BV MIGHT indicate undervalue - it doesn't mean it actually is.
Post by
quinlashon Jul 03, 2024 11:44pm 129 Views
Post# 36117581
RE:RE:July 4th week always the best
Your user name would imply you research however you clearly have not visited the company's website.
Tilray is planning to acquire another company to enable/advance it's US expansion / entry plans.
Fintel tags net revenue for incoming QTR report @ 250 Mil USD so therefore apx $800 Mil USD on the year.
The shares trade for under book value. I'm sure if you really care about DD you can work out the SP needed to be seen before we're back up to Book.
The NasDaq is not trading tomorrow, if you care to trade you will need to do it on the Canadian TSX.