RE:RE:RE:thoughts for end of day?I see it as FMV based on targets and estimates being reasonably met as of late, with substantial advancement on the Medigrow and domestic oil, the Malta agreement, KK available on the menu in the coming months,....last quarter sales number was a result of what appears to be a combination of things, crop loss, setting up packaging, supply procedures and network to retailers, etc. Much improvement in all areas quarter over quarter..and the MMs finally creating a reasonable and what appears to be stable trading range to build on as targets and expectations are met going forward.
I see them building as per plan and on strength, these fluff bounces only to retrace are of no value for an investment, trading yes but that is of no interest to me at this stage of life and each to their own. I see the goal of my investment being achieved and much more as well, albeit sooner wouldn't have hurt my feelings but that doesn't cost me any coin unless I sell....I see sales volume in the $50k per quarter range by year's end or early in 2020 along with a steady SP move north as the news and action by the company warrent and without any RS if rolled out well.
This all still looks very positive to me Trans, and even much more with the strength on the global side than expected...I think we win big here and for some time to come, I just wish I could say the same for the Leafs!!, JMHO...Opt
theTransporter wrote: OptGreen wrote: It's all good md, stable trading range for the last few weeks at FMV and on 1mil+ volume daily...we just need news,which is the way it should be.
I would disagree that this is trading at FMV. This would be FMV if the last quarterly revenue was the MAXIMUM these guys can generate on a quarterly basis and that we are at full capacity. This is not the case and absolustely NO cosndieration for future revenue capacity has been incorporated into the valuaiton of this company.
I wouldn't be complaining if this was the case across the board, but it isn't. We're being valuted to a completely different set of rules than other companies who's valuations take into consideration all their future output. Not for Supreme though.
This has always been the case here and management just seems to ignore the issue and shrug their shoulders at it due to their inexperience at managing a publicly traded company.