RE:RE:RE:RE:RE:RE:RE:RE:Sold out... again We are just focused on different things John. I only want to make 3-4x my investment and I am willing to invest for 12-18 months because even if they don't meet your expectations, I think there is enough recovery value. As a result, if they do miss your expectations and you sell the stock, I will still be long the bonds. If they do meet your expectations then it will be much more straightforward for me.
As for Handa, if him and the rest of the executive team and BOD started buying FIRE.DB, it would be more consistent with their investor communication. I suggest you ask them to do that. I have been.
johnale wrote: ohhh give these conversations a rest. Did you see Handa's presentation? they are well funded for all planned initiatives and completed construction has them on a path to profitability - which i expect in Q4.
I never followed up on your query about my expectations of supreme - as if they didn't meet them by july next yr.
Well here is my expectation - of which - they are in progress:
To provide the best consumer product at every price point - and continue to be nimble and evolve to provide the products that consumers want.
You have a currently 2bil dollar industry in canada right now (not incld international or medical) and is growing monthly by 3-5%. You have competitors falling by the wayside - and a shift from the black market to legal channels.
Lets use Aphria as a base - given products a different price tiers and solid distribution they have rec revenues of 40-50 mil.
Easily attainable by supreme as all their products come to market - which are well received given their quality - at the right price now.
The difference for supreme at that level of revenue - is that I expect them to have margins of at least 40-50% generating 15+ mil in free cashflow.
Thats a base for where they should be going - and should be on the way to that in Q4.