OTCPK:CNPOF - Post by User
Comment by
Nextjumbeeon Oct 10, 2018 12:26pm
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Post# 28773864
RE:RE:new lows
RE:RE:new lows I hear you but a little green on occasion would be appreciated. Especially when we get two back to back days with good news!!!
The real issue here is that very few are able to value RIV’s portfolio holding so the share price grinds lower daily! I have been working on the portfolio valuation for a few days and have found most of the critical information unavailable. I have reached out to Canopy Rivers for help and they have provided some but not enough for an exact valuation. However I have ballparked my estimate.
The large Asset positions are:
1. TER (approx. 200 million)
2. Vert Mirabel (100-200 million...used $150 million)
3. PharmHouse (100-200 million... used $150 million)
4. The rest of the portfolio (100 Million)
5. Cash (100 million approx)
6. Relationship with WEED
So my total is $700 million value + Relationship to WEED
180 million shares outstanding multiplied by $5.40 = $972 Million market capitalization
$972 - $700 = $272 Million (market estimate of Relationship with WEED)
I personally feel that the Relationship with WEED is more valuable, so I can see a higher share price. However in times of market weakness this valuation will contract as is happening how.
i would love feedback on how to make this valuation more accurate. Thanks and good luck to all.