Lifeist Wellness Inc V.LFST

RE:Whisky what are your thoughts on this.

[hevin]

Not whiskey here, but I'd like to comment. I'm always suspicious of those who try to forecast a company for 10 years out, as there are too many intangibles at play in short and long term. For one thing, Meni has righted the once sinking ship and put Namaste on the road to being profitable. Also, he wouldn't have gotten institutional $ if they thought we had no chance to pay it back. Then there's our recent licence allowing us to produce our own goods to sell, not to mention vendor link US...that itself could be huge revenue over time. Moreover, for a reddit guy to speculate the c-suite is pocketing the amount mentioned, could be libelous... personally I don't believe the writer's claims (she might even be working for a shorting hedge fund). Hope that helps. Glta longs, may shorts rot..

83trekker wrote: They are talking Namaste on Reddit stock boards and this user posted this, what are your thoughts on what this person saids? A basher?


level 1

Ok-Midnight9757

 

1 hour ago·edited 1 hour ago

 

https://finance.yahoo.com/quote/N.V/financials?p=N.V

Actual DD from a financial expert for anyone interested:

Their operating income is -49.5M and the deficit has been growing year over year with the only exception being 2019 to 2020 in which 2018 to 2019's operating deficit was 3X. That said, 2020's operating income deficit is twice what it was in 2018. From their cash flows, most of this can be contributed to administrative costs (26M). That tells me the executives are using the cash generated from capital for personal income. They also have -34M in cash flow with 13M on hand. They have a current ratio of 3.5 which is bad, this indicates that they cannot pay their debts and have very little ability to react if things don't go well.

All in all, I calculate a 10-year enterprise value of 203.5M. It's a 6-year road to 0 EBITDA, currently at -25M. At year 10 it's projected to be 14.8M. Their EBITDA multiple for this industry averaged 13.75. Giving them a 10-year stock price of $2.84. At the current price of roughly 0.40, that's a 10-year return of 85% IF I don't include the shady cash deals to administrators (terrible).

This stock won't make you rich people.

level 1

Ok-Midnight9757

 

1 hour ago·edited 1 hour ago

 

https://finance.yahoo.com/quote/N.V/financials?p=N.V

Actual DD from a financial expert for anyone interested:

Their operating income is -49.5M and the deficit has been growing year over year with the only exception being 2019 to 2020 in which 2018 to 2019's operating deficit was 3X. That said, 2020's operating income deficit is twice what it was in 2018. From their cash flows, most of this can be contributed to administrative costs (26M). That tells me the executives are using the cash generated from capital for personal income. They also have -34M in cash flow with 13M on hand. They have a current ratio of 3.5 which is bad, this indicates that they cannot pay their debts and have very little ability to react if things don't go well.

All in all, I calculate a 10-year enterprise value of 203.5M. It's a 6-year road to 0 EBITDA, currently at -25M. At year 10 it's projected to be 14.8M. Their EBITDA multiple for this industry averaged 13.75. Giving them a 10-year stock price of $2.84. At the current price of roughly 0.40, that's a 10-year return of 85% IF I don't include the shady cash deals to administrators (terrible).

This stock won't make you rich people.