RE:Aurora SKYThis is why I hold this company. I would say at this point, it really is taking a chance on a company. So far it looks like APH WEED and ACB are the easy leaders in the canadian industry right now.
I have decided to go with ACB for the most part becuase, like you mention in a different post, their vision and aggression in the industry is what I think will put them ahead. They arent even at 2 full years yet and they are competing with the other 2 companies.
I'm in on this hoping that I bought the equivalent to Molson or anheuser Busch.
In my opinion, the announcement of Sky 2 would not be a bad thing at this point of the game. Based on the cash on hand they have and the money they spent on sky, they can afford it, its just the time it would take. I think announcing a 2nd sky now would be perfect timing. It will give time to finish the first and get 1/4 to 1/2 of the way done on the second (grading and all that jazz).
I really do believe that between australia, germany and medicinal in Canada alone Sky will be at full capacity. That does not include the recreational market and other countries that start to slowly legalize and decriminalize.
There is no reason why they wouldnt be able to have 2 sky in full production and selling everything between medical and rec. If this company moves on to a second and 3rd Sky (which I would imagine if they are doing a second it will be anounced towards the end of next year once rec is legal and they have a better idea on demand) there is no reason this company wont get upwards of $30-$40 a share. Yes I know thats a 12-16 billion market cap based on current share structure, but look at them now, they are at 1 billion now and a second sky would put them in the neighborhood of 200,000kg a year @ 10 a gram is 2 billion a year gross, 10x multiple, 20 billion dollar company, 50 a share....... Before the wolves and hounds jump all over me, yes I know they wont sell all at 10 a share, I am just making an example. Keep in mind this doesnt include quebec and current cremona facility or the added earnings on oils. So its just a ball park.
A friend of mine asked when ill sell my shares.... if they keep making positive moves going forward and the stock moves at a good rate (in the positive) I may never sell these shares, especially if it becomes a stock in 7 years where they are established and not expanding anymore and start paying a dividend. People all want huge gains, they all want the 400% gains that happened almost a year ago. The generaly public is happy when their financial advisor tells them he got them 10% on the year. If this stock moved up, on average, 0.5 cents a share a day over the next year, ill be more than happy adding 1.82 to the share price.