Good Natured Products Inc V.GDNP.H

Bullish webinar

[AceGino]

Is it just me or was that an extremely bullish webinar? Paul saying the current revenue projections target 32-35M revenues in year. If GDNP can take down a couple acquisitions they'll easily pass the 50-60M range for the year, which puts them barely above 2.5x multiple today on forward sales. I'd say GDNP is seriously undervalued at this current price if one is to believe they'll close some deals this year.

[diamondhands]

I think it's 32-35M sales starting the year, he clearly said that historical growth figures were still applicable, so we are looking at 50-100% organic growth, plus acquisitions add-on. This should put FY21 revenue at $45-60M ex-new acquisitions, maybe $75-85M with a new purchase, high end ~$100M with two acquisitions similar size as IPF. It's a fragmented market so this is entirely

[jermoguy]

Hi, any chance anyone can be so kind as to provide the link to this webinar? 

[dileas48s]

[stockfy]

Yes it was a bullish one. However, I want to see them make money because they record losses to-date.  

[faraj69]

They should be profitable this year plus I don't think Paul would be targeting a $5 buyout price without GDNP being profitable.

[dileas48s]

I do not expect GDNP to turn a profit this year.  I highly approve of their acquisition strategy thus far, but it has come at a price.  If you're a shareholder that expects one or two more acquisitions this year, and I do think that is possible, then there should definitely be no expectation for true EPS earnings.   Paul has stated repeatedly in all of his webinars that

[doggy123]

Wrong GDNP could turn into profit very easily this year with the right contract...........................roughly around 36 million shares traded since the stinky warrants headache.............is management know how many is left or they can't release it............

[faraj69]

Pretty sure Paul stated that GDNP would be profitable in 2021 at the previous conference before the last one. Whether it happens or not is a diff story. 

[dileas48s]

Check today's presentation / interview posted on StockHouse.  Pretty clear Paul is interested in Growth, and that while improving EBITDA is a goal, it is not the focus.  There's a couple passages in this interview where he reinforces over and over that Growth is the objective for the forseeable future.