Long time no post for TBMHey guys, I've been quiet for a while, but I'm still ALL IN to VGW...
Today's news/deal was one that we need for the continuation on the company in the future, but for me it's a small drop of water in the lake that is Valens.
If you take it in terms of profits we will make from this deal, I'll be generous and say we touch 2$/bottle sold. That's only 5 millions $ in 5 years. 1M$/year. Very small, but necessairy for sure.
Now the drop in SP today is due from our run up the last few days and consolidation was needed to cool off RSI levels...
For the short term I don't see the price climbing like crazy... We already know Q3 revenue...
The only thing that will keep us going up is if we get constant news releases like today... 10 news like this would give 10M$/year, then it starts to be something !
The next game changer in my opinion will by the Q3 margins and profitability... Let's say we touch 60% margins this time, that gives us (16.5M in rev) so 9.9M$ in profits. If we can keep operating expenses to 6-7M$ then we will have a boost in share price...
Q4 is now where it's at ! If we can make 30M$ in revenu, we would be valued at a 3.77$/share fully diluted (140M shares), so we can assume that with the future growth, after Q4 we should be above 5$.
I expect that by Q2 2020, we will be trading at 6$ and higher and be fairly valued... Now Q2 2020 is only about 9 months away... I know for at least 50% of the people holding that seems too long, but for me it's amazing to have a potential return of almost another 100% in less then a year !
This is an investment guys ! Keep long on VGW, it's the most undervalued long term play I've found this year !
GLTA
TBM
Peace ! Love life, and go outside, VGW will go up with time !