Post by
Bever73 on Jan 06, 2018 3:19pm
Forecast 18&19
New to the stock...thinking about buying in however cannot get much visability on website Thw 1.5they booked in last quarter; is that monthly expectation or a summative total for a harvest?? Wondering what the revenue and kg' sold & profit might be going forward in 18/19&2020.. Curious as to the growth runway to justify the share price ...i do ackknowldge there is a decade of fast growth ahead and there is ZERO risk of bktp as these cos are raising money at ease. Reminds me of netflix/amazon/lulu where it was impossible to use tradiitonal valuation metrics Any answers appreciated
Comment by
2Relay on Jan 06, 2018 4:27pm
Tucker just to clarify Lot16 just purchased is close to 6 acres that would translate in building space 50,000sqft per acre.
Comment by
Tucker2013 on Jan 06, 2018 4:41pm
i am only assuming from press release they say 10000kg per year expected on this property. And with current 40000sq.ft providing 5000kg per year wouldn't 80000sq.ft be a good assumption on size??? No doubt that they could grow way larger but by end of 2019...I assume that will be in stages.
Comment by
Bever73 on Jan 06, 2018 5:44pm
If they could gross 200m year and keep 100m of it .....then stock would/ should be worth 2-2.5B (No debt/ huge growth/ ) .....how confident are you with your numbers ?
Comment by
TMoney007 on Jan 06, 2018 7:12pm
I believe he meant gross profit 200,000,000 million a year. They are projections about $1 per gram of cost and I am guessing they are selling a gram for $5. So profit of $4 per gram times 50,000,000 grams a year is $200,000,000 per year plus expansion on to there new property. They will be at full capacity by 2019. This stock should be at $10 in he short term.
Comment by
Bever73 on Jan 06, 2018 10:15pm
I disagree as there will still be huge growth runway and co will not have any debt.... 5% on income 100m/ year = 2B cap ...(assuming your projections are close)