Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Trader555555on Oct 23, 2018 8:41pm
289 Views
Post# 28860844

RE:RE:RE:RE:Revenues Coming Up

RE:RE:RE:RE:Revenues Coming UpIf they sell 10,000 kg per quarter, that’s 10,000,000 grams.  Profit of $2 per gram.  $20,000,000 profit.  PE ratio 20.  Makes MK 1,600,000,000.  Divided by 556,596,226 shares.  Share price = $2.87.

If the PE is higher or profit margin higher, it goes up from there.  Doesn’t even factor in the 100M in the bank. 

So if they simply grow and sell their moderate amounts and keep expenses down, share price should be much higher.  Very hard to say the same for the big LP’s based on their current valuations and mission to take over the world.

quarterly reporting will tell it all.  If they can land around  20M per quarter, SP has to be much higher.  All based on the assumption they will grow, sell and be profitable.

based on this math, canopy would need to sell 75,000kg quarterly  at the same profit margin and PE ratio to justify their current share price.

Using this math, HIP would only need to sell 2,000kg per quarter to justify the current $0.53 share price.

small LP’s may not survive because they can’t be profitable.  HIP may just be in that threshold of production capacity to be profitable and a solid business model going forward. 

This is is why I’m long on HIP.


<< Previous
Bullboard Posts
Next >>