Post by
EagerBeaver1972 on Feb 12, 2019 7:12am
Newstrike Q4
I was just reading that all these big companies are expected to have losses. What about HIP? We all Discussed the potential revenue and if they kept costs consistent (how does capex of new facility play in to costs?) and sold all then they will do well.
Jay always said that HIPs advantage was sustainable growth without massive debt.
Just wish we we weren’t reporting in March, Get hammered down as lumped in with others and then good news really just gets us lost ground back
Comment by
londonsate on Feb 12, 2019 7:33am
I feel HIp may have another dispointment ER, too much waste on Marketing . As customer , the price and quality are more importment. Especially this is adult market, no commercial allowing . Why did they spend money at Yonge and Dundas ? who cares about the brand name .
Comment by
EagerBeaver1972 on Feb 12, 2019 9:14am
Well as j recall their Q3 expenses were 7 million. Hoping Q4 is 10 or under. Hoping revenue is around 18 million. Based on inventory and some harvesting seems reasonable. Not bad for a tiny company that one paper only does 12,500 kg/yr. so come on Newstrike. Make it 20,000 kg/ yr this wee and 40,000 kg/yr in spring