Tememb r when Hexo paid $900 million for Redecan.
Was THAT good deal?
Redecan had $58 million in annual sales - PooW Group, quinlash and Touran thought the $58 million was for one quarter and posted that with Redecan sales of $240 million - along with Zenabis and Truss, Hexo would report sales of $500 miilion and would be in the top 3 cannabis companies in the world!
Zenabis was eventually lost to bankruptcy to SNDL, Redecan is no longer the #1 preroll company in Canada, Truss was a bust - sold for nothing, and Hexo would have had to declare bankruptcy if they been acquired.
Why didn't Tilray include the financing of the craft brewers? It's the investors money that Simple Simon spends like a drunken sailor - $225 million for Medmen, $250 million for Hexo why didn't they disclose the cost of the craft brewers? You can only assume they, oncexx CD lotionagain, overpaid - good thing they gave the new $250 million ATM financing. More shares - more dilution.
Clown show.
quinlash - explain how the purchase of a craft brewer affected Tikrays book value. You do not understand even the basics of what book value is - I'd suggest spending $59 million cash, to get a $25 million asset decreases book value.
Post by
quinlashon Sep 12, 2024 8:58pm 
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Post# 36221502
RE:Craft beer acquisitions
The details will come out in the corresponding QTR report, at latest I would expect
Just for giggles let's pretend they laid $1 for everything, is that too much ? How would you, as a potential investor determine if that was a good deal or not ?
Again, same question as a above but let's use $1 Billion Dollars, is that a good deal ?
In reality the value of the deal is somewhere between both extremes. The value / bang for the buck, will come from how much the acquisition changes the book value, enterprise value and eventually the price to sales ratio.
Have you bothered to make an effort to learn the fundamentals to help identify good and bad deals ?
The more you know the better the market will treat you in the long run.
You said you don't have skin in the game. Maybe you should just wait until you read an article somewhere telling you it's time to get in.