GREY:ALEAF - Post by User
Comment by
Toweringmarson Aug 12, 2021 1:58pm
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Post# 33694939
RE:RE:RE:RE:Growth on track
RE:RE:RE:RE:Growth on trackIMB, not sure what you mean by remember the goodwill in December? It does matter if the money is in cash or marketable securities. But I digress, the big thing that stuck out to me was the margins we're boasting. 60% margins on the wholesale sold at 0.47 is awsome. So when everyone said last quarter that based on our inventory we sold ALL the outdoor, clearly we still had some. To boast 60% margins at 0.47 means it WAS outdoor sold in that channel. Solid growth. I do think we beat alot of peoples expectations, mild selloff this morning should be recovered by end of day. They can try and shake the hands all they want but at these levels I think they're going to have a hard time.
Still much better than the extreme bleeding the majors are doing. We could have done the same and started blowing the doors off prices in a race to sell product, but frankly I'll take the 49 - 53 - 60% margins all day.
IMB wrote:
Wrong the earning are 0 that beat the street. if you bring in 12,5 onetime transaction you need to remember the goodwill transaction in december. does it really matter if the money is in cash or marketable securities. The cash is their. The assets you mentioned were a drain on earnings glad to get rid of them helped the bottom line. The bad debts you have a point.