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Good Natured Products Inc. V.GDNP

Alternate Symbol(s):  GDNPF

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products that use more renewable materials, less fossil fuel, and no chemicals of concern. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.


TSXV:GDNP - Post by User

Comment by dileas48son Apr 27, 2021 3:06pm
254 Views
Post# 33075892

RE:Down, down, down....

RE:Down, down, down....
I would offer the following that is publicly known:

1) Paul has stated repeatedly that he intends to be doubling revenue year over year going forward.
2) Current revenue bandwidth is $50,000,000
3) Q1 preview indicated revenue of $8,000,000 
4) the most recent raise dramatically improved the balance sheet

While it is not safe to assume steady, even growth, one can assume that Q1 2022 revenue would be targeted to be $16,000,000 with a annualized revenue of at least $64,000,000 (and thinking about 2020 Q4 revenue - it's not a stretch to assume the goal is more like $72,000,000 revenue in 2022)

That suggests that GDNP's objectives for the year are to expand manufacturing capacity from the current $50,000,000 to a minimum of $64,000,000, or in percentage terms at least a 28% increase.

That almost certainly means that additional acquistions are on the way.  Also, the latest product announcements (I haven't seen a PR but did see the Facebook post) surely came with buyers in mind - I doubt they're making products just for the "fun" of it.

There's no telling if the next big PR will happen tomorrow, or if will happen in June or even later, and the market will do what it will do, but I won't be trying a swing trade until the next jump up, and it would have to be a decent jump.



DaveInvestor59 wrote: This stock has been drifting downwards for 2.5 months now. I don't see that changing anytime soon. Unfortunately I added more stock at $1.75 but now I just want to get out and put my money elsewhere.

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