Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

OTCPK:NWKRF - Post by User

Newstrike Brands Ltd > Tell me why $HIP.

<< Previous

Bullboard Posts

Next >>

Comment by silkroad007on Jun 12, 2018 2:24pm

341 Views

Post# 28161073

RE:RE:RE:RE:RE:Tell me why $HIP.

Here you go.

100M in bank. If warrants get exercised another 120M cash = 220MM
2 facilities with over 25,000 KG of production capacity annually
conservative $4.00 per gram x 25,000kg = 100MM annual revenue
whats the profit margin on that 50%?
therefore leaving 50MM EBITA
Industry multiple is what 16X?
50MM x 16 = 800MM Market valuation conservatively
thats about a $2.00 SP

not counting cash and future plans with the potential $100-220MM
so in the near term based on actual hard facts SP could be $2.50 -$4.00
3-4 bagger on SP now if you have warrants which would in turn be around 1.50 conservatively you now have yourself a 10 bagger from current levels.

Go find another MJ stock looking to be a 10x in the next 8-12months?
Read more at https://www.stockhouse.com/companies/bullboard/v.hip/newstrike-resources-ltd?postid=28033614#H1gkKVtsSx7MpHeC.99