Delta 9 Cannabis Inc DLTNF

ACB vs DN

[golfyeti]

ACB sales TTM $264 M  -- Market valuation = $280 Million

DN Sales TTM  $ 68 M  -- Market valuation =   $    5 Million

ACB has (only) 3.88 times DN's sales yet ACB enjoys (not 3.88 times market value but) 58 TIMES DN's market value.

It would great if DN also reported similar positive adjusted ebitda.  The market valuation disparity would be even more ludicrous.

Time to get noticed Delta 9 !   And time to get your maket valuation to the 1.1 times sales level that ACB enjoys and in doing so get yourself a more peer-like market valuation more in the $75-80 Million dollar range i.e., a share price north of $0.50.  With respectable growth over the next five years that's the minimum that the company is really worth in my opinion.  If I am right its a near 15 bagger for those who can buy shares down here.

[theanonymous1]

Go a step further in your analysis, specifically comparing cash positions and debt loads of each company (relative to their size in sales).  That analysis will lead you to a much different valuation picture.  

[golfyeti]

ACB is in better shape on the balance sheet tight now but with ACB's still negative gross margins and brutally negative operating margins, that are twice as bad as DN's, it won't be long before that balance sheet advantage gets eaten away.  ACB, relatively speaking, continues to sink way faster than DN.  Anyway, we'll get important information tomorrow on how the future

[unoriginal_username]

On time and not Friday we can dream imo

[knights101]

Personnly I am not hoping for anything great,, I just hope the company does not announce bankruptcy or informing the end is near. If they could survive another year to two, that would be really good.so thay might have a chance to grow. Will see by wednesday morning and give a few days to study the numbers.