RE:Value?Yes, sales will be about $100 million. Love Child alone sells worth of $25M+ of products, the sales in the USA are just starting and could add MUCH more revenue. So really a no-brainer at these levels!
The CEO owns over 6 million shares and has been buying, so yes, he does see the value (listen to the last quarter results conference call where he says it's absurd the current market cap).
This is a $1+ stock now. Double by the end of 2019. Really a once in a life time opportunity here IMO. I've been adding more. Do your own DD.
GreekRocket36 wrote: I struggle to understand why a company with sales that can reach $60-80m is trading at $25m? Esspecially considering that some of its brands are posting significant organic sales growth that most brands would be delighted with. Isn’t it true that lovechild alone does $20m+ in sales? Wouldn’t that brand ALONE be worth we’ll in excess of $25m using market comps?? It’s so obvious that I think I may be missing something. I wish the CEO bought more stock...doesn’t he see the value??