Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Very Good Food Company Inc VGFCQ

Very Good Food Company Inc is a Canada-based company. The Company engaged in food manufacturing.


GREY:VGFCQ - Post by User

Comment by NYETraderon Nov 30, 2021 12:27pm
130 Views
Post# 34180733

RE:Glass half empty, glass half full

RE:Glass half empty, glass half fullLooks like the bottom is in time to add! GLTA


VGFC Production Capacity


Very Good Food Company Stock valuation model
Very Good food company stores

PhDtrader wrote: Glass half empty: Very is burning cash, revenue to market cap is 1:16 based on financials, and revenue growth is not impressive (50% year over year Q3). This is based on the recent audited financial statement up to Sept 30. Fundamentals look really bad. 

Glass half full: Very is spending wisely and positioned to scale its retail presence massively, revenue to market cap is 1:7 and revenue growth is set to be 450% or greater for Q4. The glass half full perspective is based on the statement that VERY grossed $1.5 in October (an unaudited statement suggesting a $6million Quarter is underway), and although Q3 growth was slow, this reflect a shift from e-commerce to retail. This shift is less profitable, but obviously necessary to make use of the massive production capacities coming on line. 

Expect volatility - this stock is a roller coaster - and consider all angles. GLTA. 


<< Previous
Bullboard Posts
Next >>