Chalice Brands Ltd CHALF

Undervalued?

[GustheGreek]

I think so... $50M market cap? They're smashing Oregon, they grow, they have 12 profitable retail stores, and growing, they have their foot in the door in CALIFORNIA, revenues growing Q to Q.... prime takeover target.

[RebeccaG]

Long-term survival for any business is more closely tied to profits rather than sales volume or Gross Revenue. Falling margins at CHALF suggest that costs of doing business are too high, overpaid management salaries; prices and net income are too low. This is not a sustainable position for any company hoping to survive While defaults to vendors may disrupt supply and erode business

[MoneeMakr]

RebeccaG good thing CHALF is one of few companies in the industry that is profitable.

[RebeccaG]

Profitable? Not in our life time. How can you say that? I wish it were true but ..... One look at these published financials for Q2 and even the  Quarters before tells a different reality, https://finance.yahoo.com/quote/CHALF/key-statistics?p=CHALF PROFITABLE??? REALLY???? Profitability Profit Margin -37.81% Operating Margin (ttm) -12.28% Debt $17.76 million... Up in Q3 by $6.25Million (54

[campst]

These are not Q2 financials. CHAL reported a profit of $.01 per share in Q2. These may be YE2020.

[Nicksonsnowboar]

Volume is the issue. This thing can go up and down .10 cents  on 100 shares who is benefiting and by how much seems like a waste of time. When is the vote in the senate?