Another one of my write-ups Seeing as we have no real quality content on here as of late and the inn is just full of the shorter banter. I feel like its my duty to please that booty.
As of the last financials Aleafia's total assets are: $ 448,032,197
Goodwill (5,064,288 Aleafia farms. 173,921,250 Emblem, 7,649,594 Cannabo) - 186,635,140
Liabilities (including convertible debt) - 62,129,514
That means, that even if you write down ALL of the goodwill incurred (wihich is never the case) You have assets of 261,397,057 and liabilities of 62,129,514.
Its insane to think that its trading with a market cap of 195,100,000 as of right now. It literally means withat with a 100% write down of goodwill, and fully deducting liabilities, you have a clean slate of 199,267,543. Most companies in this sector are trading at forward earning ratio's of anywhere from x3 - x20, and Aleafia is trading well below its asset value, let alone enterprise value.
This is almost entierly unheard of in the investing world. And makes perfect sense why so many people have come out baselessly bashing the stock and management and the like. The shorts have beat this thing into absolute oblivion, and theres really little value left in shorting the stock. They may keep at it for a few more weeks. But its beyond oversold by a longshot. I'm not saying it will be catapulted back to fair value, mostly because the market makes 0 sense based of investing standards. But you can safely assume that one of these days it will see a gap up, and reverse this trend.
To summarize this insanity. Aleafia is worth 448,032,197... If it wrote down every single line it had on the books it would be worth 199,267,543. Its currently trading at a valuation of 195,100,000.
Do the math. Buying these levels is beyond a no-brainer. Even for the most leary of value investors.