Good Natured Products Inc V.GDNP.H

Alternate Symbol(s): GDNPF

Chemicals Basic Materials

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company engineers and distributes a diverse range of bio-based products across various sectors, including grocery, restaurant, electronics, automotive, and pharmaceuticals. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.

TSXV:GDNP.H - Post by User

Good Natured Products Inc > 12 month target

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Comment by Canoutchieon Apr 13, 2021 6:09pm

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Post# 32989889

RE:12 month target

It's not that the market didn't like the Q1 preview, it's just that most of the revenue growth from Q1'2020 to Q1'2021 can be explained by Good Natured's two most recent acquisitions. On the positive side, gross margins are still the same, or slightly improved, indicating that the recent acquisitions shouldn't be a drain on the financial future of Good Natured, provided that the company can achieve organic growth and an increased market share.

It's still early days for this company. Remember that Paul Antoniadis has a track record of growing a company's market share in a competitive retail environment, so I'm willing to give him the benefit of the doubt over the next few quarters, especially if the economy and GDP improves as we hopefully exit this pandemic.
We shall see.
GLTA

dileas48s wrote: TSE:GDNP Stock Forecast, Price Targets and Analysts Predictions (tipranks.com)

I think $1.70 in 12 months might be a bit low - I think $1.70 is achievable by end of year.

Looks like the market didn't initially like the Q1 preview......somewhat surprising