EMH=(PSF-VFF)+Metro EMH.v PSF VFF.to
A Raymond James: hypothetical report suggests Village Farms Worth Upwards Of $27 upon full takeover of PSF.
The report was revealed in a Deep Dive article posted Tuesday by JLUTZ1 on the VFF.to Stockhouse bullboard.
Raymond James: Villages Farms Worth Upwards Of $27 Following
The interesting thing in this article is that Raymond James analyst Rahul Sarugaser, quietly but effectively calls attention to the value of EMH.v's 41.3% holding of PSF.
It's a broad range from $25,000,000 up to $300,000,000 but if you cut it down the middle at $167,000,000 and subtract the associated debt it leaves EMH.v with roughly, hmmm..... let's call it $120,000,000 equity??
Saguraser referes to an upper limit price of $100,000,000 for the deal.
That number effectively suggests an EMH.v share price just north of $0.50 based on it's part of Pure Sunfarms, alone.
EMH.v Current price $0.20
Keep in mind Rahul's projection is completely hypothetical and we can't assume VFF.to will actually move to take full control of PSF. The advantage of a JV is, shared risk. When one company takes full control, they take on all the associated risk.
EMH.v management needs to find a partner to merge with maybe.
EMH.v is way under priced!!
I’m not selling my shares of EMH.v at this price.
Pure Sunfarms is beautiful !!
EMH.v reports Q2-2020 Monday, August 31, 2020. After market close.
I consider EMH.v to be extremely under valued at this time.