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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

Post by PlasticOnoon Nov 04, 2022 2:18pm
161 Views
Post# 35073947

Will be averaging down here

Will be averaging down hereI am reading that the global bio plastics market last year was roughly $10billion meaning for GDNP having revenues of $100m this year they have a bigger than 1% market share. If they can keep up pace with market growth of 20% CAGR or even growing faster like they did over the years they could grow into $400-600m in 5 years or so. An estimated net profit of 15% would earn them $50m+ or 20cents per share. P/E of 20 easily brings a SP of $4 - 5.
This is the share price which Antoniadis spoke about some time ago.


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