RE:RE:RE:RE:RE:RE:RE:Heres what a default in debt payment looks like. feel free to add your opinion OptGreen.
i don't see any valuation analysis on this board. So I'm curious. I'm hoping the equity goes to whatever your most bullish scenario is but I'm curious how you get there using math.
OptGreen wrote: Still pizz'n in the wind I see Meth and now bringing out the real talent of your bullshite says it all, bk is just a low level barker with zero credibility and even less to say.
You are both barking up the wrong tree. just do yourself a favour and buy at these levels and be the real winner at the next circle jerk, JMHO....Opt
Method wrote: What's the valuation methodology?
What you wrote is unclear to me. Are you saying the EV is worth $100m now (so negative equity) and the equity is worth $50m if they fix it (so EV would be worth ~$210m)?
What are your odds on each outcome and how are you positioned?
brentkosta wrote: Sitting at about $100 mil now. Assets are in facility and a bit of cash. Negative gross margins. Awful sales. Failed business model in ultra premium. I think they are far over valued now. So if they can get margins in order Supreme is worth maybe $50mil without the debt. Or about 10-15c per share. There is no growth potential for Supreme. They will be bought out for pennys on the dollar by another LP who has money. Probably Apha to have another brand.
Method wrote: Brent,
what do you think FIRE would be worth if there was no debt?
brentkosta wrote:
OnlyOIL wrote: Said it in the past. Of all canabiss company's FIRE stands out alone. They do NOT have any mayjor debt and is flushed with cash. Which is a lot more than others. FIRE will slowly and continue to overwhelm the industrie and us.
If you dont like it then leave or BUY now. I dont think it;s goning back to the low .20
Supreme doesnt have any major debt? Ummmm have you seen the debenture terms? And the LOC that continues to be drawn on.