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Bullboard - Stock Discussion Forum Tilray Brands, Inc. TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global cannabis-lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis business, Distribution business, Beverage alcohol business and Wellness business. The Cannabis business segment is engaged in the production, distribution, sale, co-manufacturing, and advisory services of both medical and adult-use cannabis. The... see more

NDAQ:TLRY - Post Discussion

Tilray Brands, Inc. > 69+ % upside from here
View:
Post by quinlash on Jun 11, 2024 4:22pm

69+ % upside from here

I checked the price to book value and it's around .35 at the moment.  In order to be trading at book value this ratio needs to be 1.  This indicates more than 60% upside on this title.

If I were to pull up the PB Ratio on other cannabis stocks that get more media coverage we could be targeting greater upside if we are to view those ratios as plausible.

Volume has dropped off, this may be an indicator that current investors are simply not willing to sell or short the stock at these levels.

Looking forward to hearing more about the acquisition target TLRY eluded to. Expecting this new company will position the company well for US sales / entery (depending on how they go about things)

JMHO/GLTA
Comment by quinlash on Jun 11, 2024 7:04pm
Minor correction.  I stated Price to Book Value when I meant to say Price to Book RATIO. To get value from ratio just subtract ratio number from 1.  Take the result and add 1 to that and multiply by current shareprice  Example:  with ratio of .35 1 - .35 = .65 1 + .65 = 1.65 $2.40 CDN * 1.65 = $3.96 CDN To use a higher ratio than 1 you just add the extra ratio to step #2 ...more  
Comment by quinlash on Jun 12, 2024 1:01am
The Price to Book RATIO I used was taken from the Quote Menu item in the stockhouse main menu. If you disagree with the ratio number then you can take it up with Stockhouse Admin. Others sources that can be used are Fintel, MarketBeat and even from within your own trading account assuming your broker provides basic fundamental data. All the Best Q
Comment by quinlash on Jun 12, 2024 8:59am
Price to Book RATIO, Price ro Sales Ratio, Earnings Ratio, etc update each time a QTR report is issued.   As sales increase and more revenue comes in the ratios improve.   These fundamentals do not take into consideration the total sakes since the company was formed nor do they take into consideration total expenses since the company was formed.  Imagine if they did and ...more  
Comment by quinlash on Jun 12, 2024 9:44am
Let's not mock those who sold short or exited a long position below the basic book value of the shares.  Maybe they never researched and didn't know better, that may be because they didn't take the time to work of the number. It's why research is so important vs relying on the contents of a forum 
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