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Bullboard - Stock Discussion Forum Fiore Cannabis Ltd FIORF

Fiore Cannabis Ltd is engaged in the production and cultivation of medicinal and recreational cannabis. Also, the company is engaged in the business of hemp-seed oil and skin products. Its brands are Fiore, Purecloud9, Diamantelabs, Surfer, and The Weekender. The company's geographical segments are Canada and United States.

GREY:FIORF - Post Discussion

Fiore Cannabis Ltd > Valuation
View:
Post by gerbal on Feb 22, 2019 11:31pm

Valuation

.
Becaues I am a newbee to the  canabis stock world I was struggling to understand how companis are valuated alot are based on cash flow and assets the WACC vers ROIC. So I signed up for a stock valuation tool and I am starting to understand  some of the key performance tools used to value a company.

LiHT for example has been reinvesting capital into expansion and facilitiy growth for sometime now according to Stock Valuation tool they are sitting at a estimated value of $ 62.13 million the company is almost all hard tangable assets with a very low debet ratio. The data I am refrencing is last quarter finincals. So keep in mind there is going to be some significent changes comming once they file the first quarter returns in 2019. Just reading the news and  the company has agressive growth plans and has accuminlated t lot of square footage for canabis production. As these facilities start production the ROIC is going to change the valuation of this stock currently LIHt is ranked a 6 out of 10 for finincial strength the reason is they almost have enouh cash to service there debet. That is very good rating. Once they have a few more operations up and running the ROIC is going to change it actually has changed its not reportd  Return on invested capital measures how well a company generates cash flow relative to the capital it has invested in its business. Last quarter it was a score of  3 on the Piotroski F score 
which really indicates poor bussiness practices. Now Liht has almost all new managment and fron there news releases they are committeed to increasing share holder value. Use Vegas as an example    

I can wait to see the first quarter report for 2019 and plug in the numbers this year with Vegas now producing revenue.

Comment by Duffbeer1 on Feb 23, 2019 12:05am
Great post The best post i have seen on this board in a long time . No lies no bull just the facts and the truth. thank you. So lets see what the bottom feeders  are going to rip apart.
Comment by outback2008 on Feb 23, 2019 8:03am
I agree completely on this post. Great facts. Thanks Gerbal. 
Comment by Appreciation on Feb 23, 2019 2:21pm
I was just wondering what this is about and if you think it@s going to affect things in the near future! I see there has been some conflict on this board. I am more curious to know your real thoughts regarding this. I managed to read the LED article under Silent Auction. It’s a pretty rigorous post. I then found this from November! Do you think there is any cause for concern?  https://ceo.ca ...more  
Comment by gerbal on Feb 24, 2019 1:27pm
Good Morning  Hi Nick  That is a excellent point you have brought up personally I dont think there is anything to worrie about with Liht and the atricle you referenced. The reason I say that is back in Januay they received the all good from BCSC.https://lihtcannabis.com/news/liht-removed-from-bcsc-temporary-orders/ This is my own personal thoughts. In a typicle situatuin someone  ...more  
Comment by Inspectorpodra1 on Feb 24, 2019 6:30pm
this is very imformative ,I do like points of view different from my own as it helps educate .But we will see how revenues are and would also like to hear about internal investigation into bcsc.Not quiet understanding what went on would be helpful if company would shed light on this .(or people may think something is wrong) 
Comment by outback2008 on Feb 25, 2019 8:44am
Thanks Gerbal for the post. Great information. Now to all the neigh sayers who said this company can’t produce great quality product. How is 3 independent certifications. Tell me how technology does not help. Wait until BC gets on board. Hold on to your shares.