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Enwave Corp V.ENW

Alternate Symbol(s):  NWVCF

EnWave Corporation is an applied dehydration technology company. The Company’s principal business is the licensing of its intellectual property through royalty-bearing agreements and the design, construction, marketing, and sales of vacuum-microwave dehydration machinery for the food, cannabis and biomaterial industries. It has entered into 54 royalty-bearing commercial licenses with and sold REV equipment to a diverse portfolio of companies operating in over 23 different countries on five continents. It also operates REVworx, a toll processing facility located in Delta, British Columbia that offers vacuum-microwave contract manufacturing services. The REVworx facility houses both a batch 10 kilowatt (kW) and 60 kW continuous vacuum-microwave line to accelerate the commercialization of products made with the Company’s patented technology. The Company has two primary commercial scale technologies, nutraREV, a drum-based system, and quantaREV, a tray-based system.


TSXV:ENW - Post by User

Bullboard Posts
Post by JimOliver999on Sep 13, 2018 12:18pm
60 Views
Post# 28612941

new breed of investors

new breed of investorsthe way I see it, we need a new breed of investors and they are coming in, driven by either the cheese business or the cannabis-exposure. Clearly, the cheese business is going extremely well and if both machines would be turning at full speed, we could see sales in the order of 42-52 million CAD. Extrapolating the present 36,9% net profit margin would yield somewhere between 15 and 19 million CAD net profit, equaling 0,153-0,19 CAD EPS per share. Enwave Canada should be turning at least break-even by then, driven by growing royalties on the cheese sales. This should propel the share price considerably higher (driven by normal multiples on a "food-growth story") and we are not taking into account Tilray, the unnamed cannabis producer (Aurora?, Canopy Growth?), Bonduelle or Milne Fruits where things are moving in the right direction too. Even more, at the "cheese-side", Mike Pytlinski (ex-Kraft Foods) did an impressive job at Palermo's Pizza, helping/driving sales of the "Screamin' Sicilian"-pizza from 1 million USD in 2013 to 75 million USD in 2016 (presumably even 100'ish million USD in 2017). All together there seems to be a high probability that new investors / portfolio managers / fund managers will discover this growth story and (hopefully) win this "tug of war" with the shareholders that have been in for a long time and capitulate/have been capitulating.
Bullboard Posts