quinlash of course misleads with 'book value', simplyassets less liabilities.
Maersk is correct of course, Tilray reports $2 billion in 'goodwill', $100 million in 'Intangible Assets and $250 million in invenory.
As they did last year - Tilray will write off at least $1.5 BILLION again this year, reducing their 'book value'.
Misleading, misinformation can be a dangerous tool in the hands of a paid promoter - Tilray is attractive to naive, new investors. Look elsewhere and dont bother with quinlash nonsense - there are far better chocies out there..
Comment by
Maerskon May 17, 2024 9:08pm 30 Views
Post# 36046786
RE:RE:RE:Tilray Brands seeks US$250M for U.S. cannabis expansion
Book value is a useful metric, unless the company has squandered its capital on terrible acquisitions, and more than half of its supposed "value" is in goodwill and intangibles. Tilray is trading at more than 5x its tangible book value. They didn't invent marijuana, they just found a way to sell it at a loss.