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Bullboard - Stock Discussion Forum Goodfood Market Corp T.FOOD

Alternate Symbol(s):  GDDFF | T.FOOD.DB | T.FOOD.DB.A

Goodfood Market Corp. (Goodfood) is a Canada-based company, providing digitally native meal solutions brand. The Company is engaged in delivering fresh meals and add-ons that make it easy for customers from across Canada to enjoy meals at home every day. It provides access to fresh and delicious products, as well as exclusive pricing, made possible by its culinary team and direct-to-consumer... see more

TSX:FOOD - Post Discussion

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Post by johnb2 on Aug 06, 2020 4:31pm

Goodfood

New to the board. Bought a position today. Any thoughts on stock price over the next year. Thanks in advance
Comment by BatmanMTL on Aug 11, 2020 11:08am
The management team is young and ambitious. The moves they take are calculated. Based on last quarter, their pro-forma annual revenues are $400M. They are setting up warehousing facilities in more "progressive" areas such as Toronto and Vancouver, this will lift sales. The company is worth $400M today, so if it hits $14, will have to be $800M-$1B valuation. Is it possible, anything is ...more  
Comment by Analystika on Sep 29, 2020 10:02am
Hope you held on?
Comment by LucRay on Sep 29, 2020 3:09pm
of course
Comment by Analystika on Sep 29, 2020 10:02pm
Earnings are just around the corner. Not sure if the run the last couple of days is in anticipation of earnings, or because of lockdown rumours out of Quebec. Should be interesting.  
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