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
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
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.