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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 > 1 million st of greenhouse = ? grams
View:
Post by dreaddogs on Jan 18, 2020 9:49am

1 million st of greenhouse = ? grams

how many sales agreement do we need to sell all of this pot. currently EVE has the following... 1. 3 German sales agreement 2. Province of NFLD 3. Province of Ontario 4. Province of Saskatchewan 5. Province of Manitoba 6. Colio Beverages (LOI)
Comment by Vini123 on Jan 18, 2020 10:53am
1 M sq of greenhouse = 50 000 kg  The second German Agreement has the potential to sell ALL this pot since the Agreement is for 1000 kg to 5000 kg per MONTH !  So, EVE should easily sell the rest with the other 2 German Agreements and the Canadian channels (New Foundland, Manitoba, Saskatchewan and Ontario)  And remember, 50 000 kg @ 4000$ = 200M revenue  Cheers  ...more  
Comment by Kerplunk on Jan 18, 2020 10:58am
Hi Vini123 just curious where you got the $4000/kg from?
Comment by Rpizzle on Jan 18, 2020 11:52am
According to the most recent financials the average selling price per gram was 2.20 or 2,200/kg. Vini may be applying a premium due to the nature of the German contracts. 
Comment by BobZilla on Jan 18, 2020 11:56am
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Comment by Vini123 on Jan 18, 2020 12:47pm
Hi, The price per kg is actually: 3797$ (comes from last financials). I used 4000$ per kg because it will be easily obtained with cannabis 2.0 and European market.  FYI, here's what I have for the revenue, kg sold and price per kg (Q by Q) :  *2019 (Q1) : 1 724 128$ (Revenue)  -dried cannabis and trim (kg) : 623 -price per kg : 2 768$  *2019 (Q2) : 454 ...more  
Comment by PatrickBateman on Jan 18, 2020 12:58pm
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Comment by PatrickBateman on Jan 18, 2020 1:00pm
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Comment by Goldy63 on Jan 18, 2020 3:02pm
Or it could be MORE Vini. . Patty Cakes doing Debbie Downer yet again Grin . JMO. 
Comment by Goldy63 on Jan 18, 2020 3:00pm
Basher . Vini . We all expect the price to trend upwards expect the Crumblords on the bid . So much in the pipe it,s unreal. Patience pays and EVE is going to have a Stellar year dispite what the Noise says . JMO. Cheers .
Comment by PatrickBateman on Jan 18, 2020 3:30pm
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Comment by Goldy63 on Jan 18, 2020 4:48pm
I posted the numbers per gram from Germany cities  basher . The average was about 14$ a gram . Cut that in half and your looking at 7 $ minus  bulk discount we could get around 5 $ a gram .No need to get rude basher . If you can give it best be prepared to take it Patty Cakes . I.ll see if I can find that data again . Grin . Cheers . JMO. 
Comment by betterbrew on Jan 18, 2020 1:49pm
If eve can sell their yearly crops for 200 million. That will be 70 cents per share in sales at a very conservative price to sales ratio of 5  the stock price should Approach 3.50  cannot figure out why anyone is selling their shares for 18 pennies or how these analysts come up with their numbers
Comment by BobZilla on Jan 18, 2020 2:12pm
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Comment by Jpetro on Jan 18, 2020 2:19pm
So Bob, what would be your estimate in our stock price if we were doing 200 million in sales a year. thanks in advance
Comment by BobZilla on Jan 18, 2020 4:42pm
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Comment by PatrickBateman on Jan 18, 2020 5:38pm
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Comment by BobZilla on Jan 18, 2020 5:47pm
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Comment by PatrickBateman on Jan 18, 2020 6:13pm
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Comment by drbob512 on Jan 18, 2020 6:30pm
Say Bob, if EVE has no EPS but good growth in revenues & positive EBITDA in 3rd or 4th qtr 2020, then EVE can reach $1 as many stocks can still trade high despite not yet reaching any P/E if the street sees exploding growth or growing mkt share. Will take time to fully produce at max or to sell 100% of what they produce, but patience may get rewarded. Spikes up on any news may not stick until ...more  
Comment by BobZilla on Jan 18, 2020 6:56pm
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Comment by BobZilla on Jan 18, 2020 7:16pm
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Comment by drbob512 on Jan 19, 2020 1:30am
Hope no co. takes a run at EVE cuz it wouldnt be close to the value EVE would have a year later, imo. Same goes for others in this space such as Halo Labs or Valens Groworks or Neptune Wellness.
Comment by OffMyRocker on Jan 19, 2020 9:51am
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Comment by Rpizzle on Jan 18, 2020 8:02pm
  hey DB , 50,000 kg is very conservative according to management and that only includes flower only, no other biomass. 
Comment by Rpizzle on Jan 18, 2020 10:54am
1 million square feet of green house = 50,000 kg of weed - conservative estimate (BUD ONLY - not including trim) = 50,000,000 grams. Management has stated many times that they plan to send 75% of everything grown to EUROPE for their supply agreements. The numbers below are after the few initial shipments : 1st German contract = 1,125kg (1,125,000 grams) per year 2nd German contract = 12,000kg (12 ...more  
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