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Bullboard - Stock Discussion Forum Next Green Wave Holdings Inc. NXGWF

Next Green Wave Holdings Inc through its wholly-owned subsidiaries, is a cannabis cultivator and producer. The firm is licensed for medical and recreational marijuana cultivation and production in the State of California. The company's facilities are used for cannabis cultivation as well as the processing, production, and packaging of dry flowers, cannabis oils, and concentrate. Its brand... see more

OTCQX:NXGWF - Post Discussion

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Post by Moogul on Jun 01, 2021 10:35am

Q1 on Sedar

Just looked at results... annualizing q1 eps for 0.04  cents... that puts NGW at 0.70/0.04= 17.5x Eps...... for a canabis stock!!!!! Remember most canabis stock don't even have positive earnings! And when they do they typically trade at rediculous ~60x multiples. I just bought some more.
Comment by Moogul on Jun 01, 2021 10:42am
Woops forgot the report is in USD... even better. 0.7cad SP/ (0.04usd/0.83 forex) q1 annualized eps = 15x eps
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