RE:RE:RE:RE:RE:RE:Financials Gonna Boost This BabySome math for the rockhead
4 million this quarter x 4 = 16 million this year
16 million this year x 50% margins = 8 million revenue
8 million x 30 (because we'll use your ferry-land numbers) = 240 million
240 million divided by 215 million shares = 1.11
not going to be 4 million a quarter
not going to hit 50% margins
not going to get a pe30 multiple
but by all means, please keep on rocking.
RockMaschine wrote:
I certainly hope you guys are spreading the gospel to every other Canadian LP who have ridiculous valuations compared to TGIF. Who was it who said that because we are a legitimate company that we should follow normal metrics and apply a PE ratio of 10? Yet its perfectly fine for everyone else who have not even sold a single gram to a Canadian rec market to be valued in the hundreds of millions? Go try to pass that off on the Emerald, Nutritional High, THC, Namaste, etc and see the kind of response you get. Laughter like you have here. Be ready because this entire sector is anything but rational. The real dumb money general investor likely didnt jump on board last run. Yes some are holding heavy bags but it will take very little to get this moving again.