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Bullboard - Stock Discussion Forum Eve & Co Inc V.EVE.H

Eve & Co Incorporated is a Canada-based company, which holds cultivation and processing licenses for the production and sale of various cannabis products, including dried cannabis, cannabis plants and extraction of cannabis oil. It is a licensed producer of medicinal marijuana. It also provides educational information and online support for its customers and first-time buyers. Its products... see more

TSXV:EVE.H - Post Discussion

Eve & Co Inc > EVE 2020 . Here Are My Conservative Numbers .
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Post by Goldy63 on Dec 26, 2019 10:35am

EVE 2020 . Here Are My Conservative Numbers .

Any corrections or thoughts be my guest and lets discuss it . JMO. Cheers .
Here is what I see for EVE in 2020 :
Revenue: 50 000kg X 4000$/kg (very conservative) = 200M$ 
Cost of production : 50 000kg X 1,21$ (comes from Melinda)= 60M$
Other cost: 75M$ (Max) 
Profits: 65M$ or 0,22$/per share 
If we pay 12X profits, it’s a 2,68$ stock (12X0,22$)
Comment by Burnsmart on Dec 26, 2019 10:47am
some migh argue with the multiple given market sentiment in this sector.
Comment by Goldy63 on Dec 26, 2019 11:04am
I would agree with that statement at the present time Burn however I,m hoping with 2.0 and the clean up in the indusrty last year with bloated MC,s that 2020 will be a much better year . Also this industry is still in it,s infancy esprecially 2.0 . Bring down the multiple a bit and the numbers still show very good gains . The market will speak . JMO. 
Comment by Burnsmart on Dec 26, 2019 11:06am
Either way you cut it, the current price wont be around long in 2020, if all goes as expected.
Comment by PatrickBateman on Dec 26, 2019 2:06pm
This post has been removed in accordance with Community Policy
Comment by Jarred on Dec 26, 2019 6:45pm
Now the discussion about the numbers and possible sales revenue is really important as ultimately sales and cash flow will drive the share price.  Thanks to Goldy and Patrick for their input on this.  Gave you each a "like". 
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