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Bullboard - Stock Discussion Forum High Tide Inc V.HITI

Alternate Symbol(s):  HITI

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international... see more

TSXV:HITI - Post Discussion

High Tide Inc > Focus on mid to long term
View:
Post by BullMovement on Jan 15, 2021 4:09pm

Focus on mid to long term

Hey guys, if the quarterly results are good thats just a plus for short term. If they aren't good, we know that Meta had its problems but the synergies will help and so will the new management under Hiti. As mentioned in the previous post, the upside this company has is huge and very visible. Do not allow short term ups and downs to make you not stick to your strategy because you will only regret it in a year and on.
Comment by Sam129 on Jan 15, 2021 5:05pm
Raj said in the talk yesterday that they had accomplish about 60% of the 9M projected synergies with META, so I'd assume we'll see a decrease in operational cost of about 5.5M from META's pre-merger financials. 
Comment by paradini on Jan 15, 2021 8:09pm
those numbers won't show up until Q1.   but it is very exciting.  i would like to see Raj clean up the debt a little as well.  The debt is really impacting the book value which in my opinion is the reason HITI is being slowed down.   the future has so much potential but 10% interest is way too much for much of the debt that is being paid. i would rather see more ...more  
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