TSXV:GDNP.H - Post by User
Comment by
dileas48son Jan 28, 2021 4:23pm
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Post# 32413533
RE:RE:RE:RE:RE:Bullish webinar
RE:RE:RE:RE:RE:Bullish webinar Check today's presentation / interview posted on StockHouse. Pretty clear Paul is interested in Growth, and that while improving EBITDA is a goal, it is not the focus. There's a couple passages in this interview where he reinforces over and over that Growth is the objective for the forseeable future.
faraj69 wrote: Pretty sure Paul stated that GDNP would be profitable in 2021 at the previous conference before the last one. Whether it happens or not is a diff story.
dileas48s wrote: I do not expect GDNP to turn a profit this year. I highly approve of their acquisition strategy thus far, but it has come at a price. If you're a shareholder that expects one or two more acquisitions this year, and I do think that is possible, then there should definitely be no expectation for true EPS earnings.
Paul has stated repeatedly in all of his webinars that GDNP should be measured as a Growth company, and as such profits are not their short term, or even medium term goal (to me, that means 18 - 36 months). Revenue is most assuredly the most important metric that I am interested in at this stage.
So long as they continue to print deals like this past week and add in-house manufacturing capability like they did with Shepherd and IPF then revenue will grow, and over time the journey to profit will take shape.
But, in my view, expecting profits at this juncture is an unreasonable expectation.
faraj69 wrote: They should be profitable this year plus I don't think Paul would be targeting a $5 buyout price without GDNP being profitable.
stockfy wrote: Yes it was a bullish one. However, I want to see them make money because they record losses to-date.
AceGino wrote: Is it just me or was that an extremely bullish webinar? Paul saying the current revenue projections target 32-35M revenues in year. If GDNP can take down a couple acquisitions they'll easily pass the 50-60M range for the year, which puts them barely above 2.5x multiple today on forward sales. I'd say GDNP is seriously undervalued at this current price if one is to believe they'll close some deals this year.