Good Natured Products Inc V.GDNP.H

Q3 Preliminaries? Revenue?

[dileas48s]

For the last several quarters GDNP has announced preliminary results somewhere between 13 and 35 days after the quarter end.  Last year, Q3 preliminaries were announced on October 13th (the Tuesday after Thanksgiving).  Q2 preliminaries were announced on July 20th.

Anyone remember what last years Q3 Preliminary NR said?     

Revenue of $4.6 to $4.7 million.

Q3 for 2021 could be as high as $13 million (possibly more) and would represent a 282% increase YOY. 

That would put us at about $33.3 million YTD.  2020 Q3 YTD was $11,387,159, so $33MM would almost be a triple as well.

If you think $14MM is possible for Q4 that would get us to $47MM on for the year, and would make it about a $56MM run rate entering 2022.

Thoughts?

[jermoguy]

I am starting to wonder whether the market even cares about the revenue if there is no commensurate earnings to report.  I have no other plausible explanation why the stock continues to plummet daily.  Yes, a year ago we were under 20 cents or so, but within the last year we got over $1.90.  That may have been a crazy ride and having it drop is normal. But this much droppage (not

[Muney8]

I still think it is early investment groups unloading, no other explanation. Buying in at 15-20 cents and selling at any of these prices is a good return. The bleeding will stop.

[tinselfarm]

No chance. Those who bought in at 20 cents were long gone when this hit $1.50. This is nothing more than small caps taking an a$$ kicking. The valuation here makes no sense so at some point this has to move up. It's like buying a Lexus for the price of a Honda......

[Muney8]

How do you get access to current shareholders. Someone with a lot of shares has been liquidating for weeks, this is not market related.

[doggy123]

Millions of millions of shares were picked up by a lots of young junior investors a while ago............and now they panic and sell............big volume tell the story........the weak junior hand got to diminish......as soon it thin off shares will uptick very quickly.......

[dileas48s]

It is not possible to do that - only insiders have to report purchases and sales.

[DogNamedHolmes]

Could look at the fund reports for investment groups that have shares stated in the past. Should be able to see if their shares have been depleting over time, not an up to date accounting but could give an idea if any have sold.

[ACarrothers]

Agreed

[watch22]

Q3 should be more like $18 million... perhaps $18.5 million.