GREY:CHOOF - Post by User
Post by
NewChooon Jan 09, 2020 11:44am
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Post# 30534754
Looking good - nearly trading at EPS ?
Looking good - nearly trading at EPS ?Enjoying the action today and reading about CHOO's 10% investment in "Specialty Marijuana Products" ... very interesting....
Has anyone done a cash flow analysis on CHOO's cash flow and if so whats a good number for an average (established) stores daily cash flow?
I'm thinking $20,000 may be a little high as an average - but $10k may be a little low. My thinking is that $10k is only $1000 per hour and the average customer spends $100 so thats only 10 customers per hour.
Simple math, one store open 362 days per year for 10 hours per day doing $1,500 per hour:
362 x $15k = $5.43 million gross
20 stores = $100 million gross
Take expenses at 50% of gross income = NOI of $50m or .25 per share (lol)
Can someone comment on P/E Ratio in this sector?
It's got to be at least 10:1 so expect to see this to run to approximately $2.50 per share in coming months...