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 > Catalysts for the stock ....

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Comment by FreddieMacon Nov 06, 2021 8:43pm

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Post# 34096675

RE:RE:RE:RE:Catalysts for the stock ....

Yes, fair point and at a high level I agree that the company is generating materially more revenue than say 9 months ago. That and more clarity on positive momentum and revenue growth into 2022.

But the company has also created more dilution as well, with the $1.20 / share offering and the warrants that went with it, plus the dilution (upon conversion) of the latest debt round, plus ESOP issuances that took place.

So to be truly "apples to apples", any comparison must be on a "per fully diluted share" basis, not just simply top line revenue.

To be clear, I agree the picture is much better than a year ago, but am struggling to understand how folks are doing the math to justify some of the much higher (eg: $2 / share) price projections here.

Appreciate your thoughts, thanks !

diamondhands wrote:

Broadly speaking I think his point is that the company has fundamentally advanced significantly relative to last year, and therefore if the company was priced fairly at any point between e.g. c$0.9 - 1.98 then it should be worth at least that amount now.

for a specific valuation you can just run your own model, but hey maybe I can build one for you and share it, but even some back of napkin numbers suggest that as the growth strategy continues to unfold the value should be much higher over time