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Bullboard - Stock Discussion Forum Sunniva Inc C.SNN

Alternate Symbol(s):  SNNVF

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.

CSE:SNN - Post Discussion

Sunniva Inc > on a p/s ratio of 4 with 45000 kg at $5 per gram =$133-166
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Post by Surfer13 on Feb 25, 2018 12:01am

on a p/s ratio of 4 with 45000 kg at $5 per gram =$133-166

=225million x 4=900m shares 27m = $30 + which this stock should be around just based on future revenues in canada! Then USA 700k sq. feet grow 70-100k in cali at $9 per gram =630-900m x 4=2520m or 2.52b or 3.6b + 900m=3.6b-4.5b divided by 27m shares=$133-$166 per shares.

$133-166 per share on a low scale, were trading at a future discount of 10x-13x for future in 12months. This will be over $50 in the next 6-12 months. Hold your shares. This is going to be firing on all cylinders going up into the billion dollar market cap for sure.
Comment by Bluechip2 on Feb 25, 2018 8:27am
it may take off but based on speculation of future business growth. I doubt they will get anymore than 2.50-3.00/ gram from Canopy for starters. The low capital exposure, land lease deals with native reserve in BC giving super low utility costs gives them a super low cost/gram of medical grade cannibas comparable to Hydropothecary and the like. What will set them apart is dual exposure to both ...more  
Comment by Bluechip2 on Feb 25, 2018 9:04am
just to add a little about the medical clinics. They have medical practitioners who specialize in cannibas treatments. This business model is basically a one stop shop for Sunniva as they are basically paying doctors to direct their patients towards all the Sunniva products and accessories. It is brilliant and efficient. If this business model takes off, the majority of Sunniva cannibas will be ...more  
Comment by Chris5669 on Feb 25, 2018 4:34pm
Hey could you breakdown this math more precisely with the amounts and the where you are getting the figure from?
Comment by Bluechip2 on Feb 25, 2018 8:53pm
Chris, the guy's not legite, math is bogus, 42 ignores. I see you are new so unfortunately you will need to be able to distinguish between garbage and genuine interactive posts. The cannibas industry is all speculative right now, anyone can regergitate some hypothetical forecasts but the key is to recognize either competitive advantages, superior business models, or undervalued companies. You ...more  
Comment by AlwaysBullishhh on Feb 25, 2018 9:07pm
If you want to read a detailed analysis on Sunniva, read this :  https://www.baystreet.ca/articles/research_reports/fundamental_research/Sunniva-Jan-2018.pdf
Comment by MarketCrusher on Feb 25, 2018 9:11pm
Where do you get your P/E ratio of 4 from. Tobacco is at 20x and pharma is at 20-40x. I think your price per gram may be high as well. I’d use 3 bucks for figuring. Remember sunniva is going to supply wholesalers. The wholesalers will want a margin.
Comment by Bluechip2 on Feb 26, 2018 10:43am
Reviewed the Bay Street report, at $100,446,429 revenue for 2019 from the Canadian campus, I would assume that the wholesale price of the agreement is $2.20/gram.
Comment by adamchess on Feb 26, 2018 12:37pm
Don't think Canopy will be selling anything low priced for the foreseeable future. In turn, Sunniva is sharing at a higher price level than you or the report are quoting. The Canopy deal is hugely positive for Sunniva and supports build projects moving forward ahead of schedule. Don't see P/S of 4, but it is possible as we are just scratching the surface when rec sales volume goes ...more  
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