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Goodfood Market Corp T.FOOD

Alternate Symbol(s):  GDDFF | T.FOOD.DB | T.FOOD.DB.A

Goodfood Market Corp. (Goodfood) is a Canada-based company, providing digitally native meal solutions brand. The Company is engaged in delivering fresh meals and add-ons that make it easy for customers from across Canada to enjoy meals at home every day. It provides access to fresh and delicious products, as well as exclusive pricing, made possible by its culinary team and direct-to-consumer infrastructure and technology. It is also focused on connecting its partner farms and suppliers to its customers’ kitchens. The Company's main production facility and administrative offices are based in Montreal, Quebec, with additional locations in the provinces of Ontario and Alberta. It is also engaged in providing premium tea varieties, which is available through Goodfood's meal kit subscriptions.


TSX:FOOD - Post by User

Bullboard Posts
Post by Devomoneyon May 09, 2018 10:24am
181 Views
Post# 28004127

My target here is 3.40

My target here is 3.40My target based on the information from the last quarters financials if the revenues and ebita remain constant (which they continue to grow quarter over quarter) and a PE of 20:1 and ignoring the huge expansion into Western Canada and further development of their product line I believe a fair evaluation based on last quarters performance to be 3:40. However I won't stop there as this is a great product and I am a subscriber as are lots of my friends and colleagues. They also are a natural take over target for companies like Sobeys who are looking to get into this space. So a target going for over the next year should be quite a bit higher still.
Bullboard Posts