GREY:CNTTQ - Post by User
Comment by
BIBI123on Dec 01, 2018 5:23am
108 Views
Post# 29048909
RE:RE:RE:7 Awards... including LP of the year.
RE:RE:RE:7 Awards... including LP of the year.Easymoney123 wrote: Your numbers make absolutely no sense whatsoever. If TRST can produce 50,000kg next year and sell at between 5 or 6 dollars a gram wholesale you will get between 250 and 300 million in sales. The industry average is around 10 times sales so you would get a market cap of around 2.5 and 3 billion market cap. That would make the share price between 25 and 30 dollars. Please share how you get the absolutely ridiculous share price of $10.75 outlook for next year. TRST capacity is increasing dramatically for 2019 and will double for 2020. This stock is seriously under valued going into 2019.
I totally agree, the more important indicator is going to be ebitda in my opinion. When I was looking at estimates for the 2019, the average is around 30x ebitda. I think we can do 30% of revenue in ebitda, which would be around 80m and with a lower multiple of 25x that would be a market cap of 2b. Therefore, the share price would be around 19$. With beverages and edibles I think ebitda is going to be higher and 19$ is a conservative number. Cheers