Good Natured Products Inc V.GDNP.H

RE:RE:Absolutely brutal performance

[cleareye]

The brutal performance I assume relates to the stock price. It is tough to feel the ground shifting beneath one's feet.

This company is performing as I might expect:

They are growing by aquisition - showing management rigor since it is very difficult to buy and integrate new companies into your core business.
They are growing organically - which means that sales and marketing expenses will continue to be high.
They are growing the revenue - which has to be the number one priority for a company wishing to increase market share in a growing market.
Their product is very appealing to most North Americans who are reminded of the plastic waste every week as they haul their organics, plastics, cardboard, etc to the curb. This will drive the market in Canada with or without Trudeau spending billions on pretending to shape the market himself.

The bottom line and even EBITDA will probably suffer for the next few years as the top line is increased. But, they are increasing their revenue, and this should grow exponentially.

Discouraging - yes. Stock price plunging - yes. Where's the bottom - I don't know. But, I'll hold on because as far as I can tell, management are doing all the things that I would expect of them. I'll judge them by their revenue increases for the next little while.

cleareye.