GREY:WLDFF - Post by User
Post by
BuySellHold888on Nov 15, 2019 1:55pm
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Post# 30357667
Profitability is the goal - 2 year outlook - Buy
Profitability is the goal - 2 year outlook - Buy I'm not overly concerned with the coming financial results. The profitability of their retail stores will appear on their financial reports next year. The revenue stability from online sales and growth in the US parterned with strong retail sales in BC, SUN has positioned themselves for the long run. I see this has a strong buy and hold for 2+ years. I don't expect to make an immediate return, but if they can grow their retail sales to $30-40m+ in 2 years in BC alone from 4-6 stores and continue to grow distribution in California which is a bigger market than all of Canada how can you not expect this company to hit profitability. Profitability allows them to continue to grow without raising funds and diluting the stock value any longer.
I would expect they would turn down offers to be bought out for several years to grow the value of the company with strong brand awarness and sales and distribution network.