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Newstrike Brands Ltd NWKRF

"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

Comment by silkroad007on Oct 02, 2018 2:42pm
41 Views
Post# 28731143

RE:SP should be 1.72....at least

RE:SP should be 1.72....at leastWell EBITDA is an actual number irrelevant of emerging market or hype.  I think your confusing EBITDA with P/E ratio.

Regardless I agree that HIP should be way higher

Trader555555 wrote: Assuming HIP can hit capacity of 40,000kg, and can sell it all.  Production costs are around $1-2/g, retail is around $7/g, lets ballpark $3/g profit, assume EBITDA of 8.  SP should be $1.72.

In an exciting new emerging market with a growing company, EBITDA could be 20, in which case SP should be $4.31



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