RE:RE:Fair Value - Supreme Well I do have to say this is quite a change Ped, I am impressed if....just in what you say here is a very significant part of the FIREstory. This is what separates FIRE from the rest and falls into favour with investment...ACB has been foundering for a while but haven't gone through others to any degree, but would assume you are not far off.
Add Beena and team, plus at full production north of $500m, as was mentioned, well north of $300mil anyway...the sweetest balance sheet in the industry and if not the finest quality menu in the sector, tied at least. FIRE will survive and thrive and there is few if any in that position, from here. Looking forward to the seeing the new offerings. Nice to see the latest gains, nicer yet it has only just begun. JMHO...Opt
Pedal2themetal7 wrote: It had been a while since I reviewed other companies financials, so I decided to deep dive into 7 of the supposedly superior companies, and at the moment I'm happy with my choice of being with Supreme.
Numerous companies are only at their level because of deep pockets and not performance. Some of them have dug themselves a deep hole and the future looks pretty grim.
If Beena keeps on delivering, and I'm realistic and aware the growth will be gradual but by the end of 2021 unless things change drastically their balance sheet will be in the top three if not higher, with very minor losses, and higher revenues.
When examining those companies valuation compared to Supreme, this company could easily justify a SP of $1.00.
Wait and see what happens the next few weeks. IMHO