BLACKROCK Municipal Income TRUST V.BFK.P

RE:RE:Why and when this company will be profitable ?

[quinlash]

Considering you are new.. here are a few other points to look at for HEXO

-- One of my more recent posts --

IMHO the market is over-looking what HEXO has going for it.  Once the company releases drinks, edibles etc (assorted Cannabis 2.0 products) attention will start coming back to the stock and should reflect positively on the share price.  As sales ramp up from those products the QTR reports will show increasing amounts of revenue.

Based on the transcript from the last QTR report HEXO is expecting to turn positive in Calendar year 2020 so the wait may not be all that long for this to occur.

Link to Q3 QTR Report Transcript
https://www.fool.com/earnings/call-transcripts/2020/06/11/hexo-corp-hexo-q3-2020-earnings-call-transcript.aspx

Again.. JMHO

Q



Sales are picking up and can be easily confirmed by looking over QTR reports to see the continual trend upward in sales numbers.
 
HEXO is still attracting investors (under-writers) such as Canacord most recently.  They have strong partnerships with large companies such as Molson Coors.  HEXO and Molson expanded into the U.S. in April.  HEXO also has operations in Europe.
 
If you are looking to check the boxes as to why HEXO is likely to not only survive but thrive go ahead...
 
- Licensed for both Medical and Recreational Cannabis -> CHECK

- Within top 4 Suppliers in Canadian Market with objective of moving to #2 Spot -> CHECK

- Partners with major markets players -> CHECK (Molson 2nd largest brewer in North America)

- Company with European Operations -> CHECK

- Company with exposure to U.S. Markets -> CHECK
 
Other check-marks...
 
- Competitive Pricing vs. Black Market -> CHECK

- Providing accessories to support product sales -> CHECK

- Producing Cannabis 2.0 Products -> CHECK

Including (but not limited to): Infused Drinks, Chocolates, Gummies, CBD Oil Droplets. THC Droplets for Flavored Drinks
 
Positive Sentiment on the Stock has appeared in the following ways:
 
- Strong Insider Buying -> CHECK (insides started buying last year at $6.54 and have continued to do so all year.  Complete buying activity reports can be viewed through SEDAR).  The same cannot be said for other major LPs out there. Canopy, ACB, Tilray and Aphria all show some level of insiders reducing or exiting their positions.
 
- Strong Support from Under-Writers -> CHECK.  The fact that HEXO can attract an under writer is positive in it's self in this sector however we have also seen Cannacord paying over market value for shares in HEXO
 
- Meeting or Beating Sales Estimates -> CHECK.  I believe there is only 1 QTR report estimate that HEXO missed in the last year with ever increasing percentage gains in sales Q over Q.
 
Investors coming into the stock see the positives and future potential of the company.  With HEXO forecasting to turn positive in Calendar year 2020, that future is not far off.

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quinlash wrote: Hexo improved margins to 40% and cut expenses considerably.  Expecting to be EBIDTA postive in Calendar year 2020 / Jan 2021 at latest.

You can find much of their accomplishments outlined in the QTR report transcripts located here

https://ca.wallmine.com/nyse/hexo/transcripts

HonMartinCochon wrote: I am new here, looking at Hexo G&A   . 
Looking at last quarter financial report .
Gross margin of  $8 M 40 %  Very good considering SQDC as the lowest selling price of the country.

My only concernes is the high g&A cost  $11 M  in other words 50% of sales ....Way too high...
It has been 2 years of legalization .. .time to rationalize and be profitable.....

Did I mist anything..... is the brevarage partnership with Molson is about to  double sales  ?
Just surprised by the latest performance....