Post by
Adventurous on Feb 09, 2024 9:38am
Stock Looking to Get Back to 20-30 Cents Normal Range
It is somewhat clear by now that coming Q report numbers in a few weeks will be even better than the outstanding ones recently released. Results over the last year can easily be improved over the coming year. All sorts of reassuring calculations can now be done (profit per share, etc.).
And the gorilla in the corner, i.e. Nextleaf's tremendous patents value, is not taken into account yet.
Further improvement in the share price could be surprisingly easy now that the stock storyline is clear.
Comment by
AuroraAurora on Feb 15, 2024 10:48am
Even *30 cents* rather, seems undervalued
Comment by
Gotime2 on Feb 15, 2024 11:12am
First quarter sales are just above 4 million dollars, reflecting the quarter over quarter growth and net profit remains at 25% annual profit with no more growth would be $4 million for this year. Valuation of 10 times the earnings would put us at around $.25. Not sure if the market will factor in the value of continued growth and patents which allow for the great margins.
Comment by
Gotime2 on Feb 15, 2024 11:13am
Sorry, I should say IF first quarter sales are around $4 million
Comment by
Gotime2 on Feb 15, 2024 12:27pm
The nice thing about this extraction technology is costs are fixed apart from input, and margins grow as output increases. I'd like to see it move up five cents a quarter and finish the year around $.40 The shareholder protection plan requires any takeover bid to pay double the share price. Would be nice to see an $.80 takeover this time next year
Comment by
AuroraAurora on Feb 15, 2024 12:32pm
Pfft 0.80 takeover. No thanks. Let's see $5-10 and we'll chat. I hope they aren't bought out, or aren't for an incredibly long time after this appreciates. We're the ones who found this and put money into it early and waited for years. We should all be fairly rewarded (as should NL staff and families who bought in - which I believe many did).
Comment by
Gotime2 on Feb 15, 2024 1:00pm
Wow, sounds like Paul Peterson with his billion dollar valuation. What's your timeframe, sounds like long game, and American legalization factored in.
Comment by
Dynaboy72 on Feb 15, 2024 1:12pm
I like Paul as he helped build the company I respect him for that but now time for Emma to steer the ship and use the cannons to protect the patents.
Comment by
unplugme on Feb 15, 2024 2:05pm
D72-I agree with you 100%. Paul did his best. But like most companies the New Phase of growth and profits requires new leadership and a steady hand on the tiller. Emma brings both- BTW she is getting rave reviews from her peers in the space.
Comment by
Dude51 on Feb 16, 2024 1:07am
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