RE:RE:HEXO Price Target = $66.49 USD (Yahoo USA)No quinlashes - Yahoo Finances shows ONE analyst with an idtiotic price target of $66. It is NOT a Yahoo analyst -a nd while professional analysts dedicate more time to analysing, at the end of the day it's a best guess just liek anyone else. The page does not show who the analysts is, who he works for or the date pf the Price Target.
quinlash - (12/22/2022 12:53:11 PM)
RE:HEXO Price Target = $66.49 USD (Yahoo USA)
Yahoo Finance knows much more than the Yogi Bears posting on this forum, I am confident of that. Some of the things they are likely considering include:
- the 40 Million of debt HEXO Corp just paid off
Which reduced their Cash on Hand by 50%. The MD&A indicated that Hexo has enough cash for 12 months, provided they were able to get an extension of the debenture. Theyw eren't and the auditors note inidcated that there were extreme doubts as to Hexo's ability to meet it's obligations if they didnt get an extension. Obvioulsy the lender didnt have enough confidence in Hex to repay later - so he took his money Dec 5 at maturity.
- the new Tyson and Entourage supply agreements that came online over the last few months
Please provide ONE RETAIL LOCATION IN CANADA that cariies Tyson products - Quebec and Alberta have stated that they wont be allowed. The Entourage agreement appears to eb about $6 million gross annually - which is a NOTHING DEAL - it's whoelsale prciing and minimal profit if any.
- the partnership with Tilray and off-loading of debt HEXO did to Tilray
The de t wasnt off loaded - it didnt go away, it simply transferred to Tilray. Hexo is unable to make the payments without the $5 million/month KAOS financing. Hexo had to agree/sign a ridculous master/servant agreement with Tilray - among other things an $18 million annual 'consulting fee', a one time $10 million signing fee, Hexo must buy all products for any international sales from Tilray, Hexo gave Tilray equipment for Tilray to poduce prerolls for Hexo and on and on
- the re-focus of the company on Higher Margin Products
name two high margin products and name any products that werent high margin and dropped
- the fact that HEXO Corp now has the lowest sharecount in the sector
If anyone else has to do a 14-1 reverse split - they could probably make the same claim. It's not an achievement to be proud of
- the fact that HEXO Corp is trading at insane discounts on Book and Sales ratio comparisons.
All cannabis companies are - you dont understand PS Ratio or Book comparison
- the fact that the company notes cash on hand for the next year PLUS the access to addtional funding now that the SP is over .30
No - that is incorrect, as clearly stated in the MD&A as Hexo had to pay the $43 million debenture. Staying above .30 simply allows the KAOS agreement to continue - there is noa dditional funding
Some things they may be considering:
- the possibility of Tilray taking over HEXO Corp (or another take-over bid coming in)
there will be no take over bid. If Tilray wants Hexo, they simply have to wait for bankruptcy. Hexo is a .025 cent company.
- the progress that may (or may not) be seen on the US Side in terms of progressing Cannabis
If the US legalized tomorrow, it would be two years nefore the laws came into effect - and longer for a foreign company to pass certification thatw oudl allow Hexo to export into the States. Established US MSOs havent got much to fear from Hexo - which wont exist in 3 years.
The guys making these price targets are far better at understanding mico and macro level market developments and certainly understand the fundamentals than anyone on this forum.
Name an example of a 'mico' and 'macro' level amrket development than any average joe couldnt grasp. You mean 'news'?
Anyone reading your posts mihght think you don;t ahve a clue what you're talking about - and post misleading inaccurate information
quinlash - (12/22/2022 12:53:11 PM)
RE:HEXO Price Target = $66.49 USD (Yahoo USA)
Yahoo Finance knows much more than the Yogi Bears posting on this forum, I am confident of that. Some of the things they are likely considering include:
- the 40 Million of debt HEXO Corp just paid off
- the new Tyson and Entourage supply agreements that came online over the last few months
- the partnership with Tilray and off-loading of debt HEXO did to Tilray
- the re-focus of the company on Higher Margin Products
- the fact that HEXO Corp now has the lowest sharecount in the sector
- the fact that HEXO Corp is trading at insane discounts on Book and Sales ratio comparisons.
- the fact that the company notes cash on hand for the next year PLUS the access to addtional funding now that the SP is over .30
Some things they may be considering:
- the possibility of Tilray taking over HEXO Corp (or another take-over bid coming in)
- the progress that may (or may not) be seen on the US Side in terms of progressing Cannabis
The guys making these price targets are far better at understanding mico and macro level market developments and certainly understand the fundamentals than anyone on this forum.