Nutritional High International Inc. Ordinary Shares SPLID

RE:RE:RE:Trulieve

[GrahamB]

old_dog wrote: The company itself......No one gets bigger by just growing their own brand. Oh I shouldn't say that , yes there are companies that get big and stay big because of their brand "Levis". Most companies today just buy out the smaller fish. Sometimes it's just a matter of taking something off the shelf. Like Costco for instance, they don't have an isle of different kinds of salad dressing or an isle soup. They make the choice for you and you either live with the choice or you buy it somewhere else. That's what's going on right now and a company like EAT has some nice products so why not take them out and add their products to your product line. So that where I was going with that....Business runs in cycles and war chest are built over years and when the opportunity presents itself companies with war chest will make the move to get bigger by acquisition.

That being said if they chose to build EAT up and stave off potenial suiters then so be it. Things being what they are the management seems to be turning the company around. They are also in the highest profit area of the business. Turning the company around to the point that the green starts to flow could result in NCIB if the company wants to build shareholder wealth. At current pricing or up to say 10 cents they would do well to buy back some shares if the timing presents itself. This might sound crazy but if they were green next year with 2 million in earnings after everything is taken care of and their forcast was for a 20-40% increase going forward then they would be smart to start doing a NCIB program...that would be 2 million plus 2 million from the up and coming year for 4 million to buy back shares at say 10 cents.....40 million shares retired.....you can knock down some serious share counts with numbers like that. They just need to get the green flowing. 

Full legalization in the USA will be the companies driving force.


Hope it helps HandyAfterall.


old_dog

Another nonsensical post from old dog.


Here is some facts from the recent MD&A :

Net comprehensive Income -21,922,661

Working capital deficit

And sale of Calyx -only real revenue generator -
“Given that Calyx has been the sole source of revenues for the Company and given that the Calyx Sale took place very early in the second quarter, revenues were negligible during the three months ended January 31, 2021”www.sedar.com

This doesn't jive with old dogs thesis of the :"That being said if they chose to build EAT up and stave off potenial suiters then so be it. Things being what they are the management seems to be turning the company around. They are also in the highest profit area of the business."