Post by
IfIOnlyKnew on Jul 13, 2021 7:39pm
Profit
Anybody knows the profit per unit?
Comment by
Finalrep on Jul 13, 2021 8:28pm
Based on total square footage from master development plan x 100 per square foot for land/995 units
Comment by
IfIOnlyKnew on Jul 13, 2021 8:34pm
Thank you ! GLTA ! Let's hope there are no "formalities" this time !!
Comment by
profits4less on Jul 14, 2021 8:36am
What do we expect for timelines going forward? Solar in alberta next month? PR in November?
Comment by
Allanapotashbelgium on Jul 14, 2021 11:57am
I don't see the logic of applying a p/e ratio in this case. You will sell 1000 houses, with no recurring revenue. Also not sure whether you can disregard any taxation in the case at hand. 2 - 3 CAD valuation per shares for Sage alone would be my quick and dirty estimate. Which provides for some upside at current levels, and you get Montalva and Alberta for free.
Comment by
9Islucky on Jul 14, 2021 12:21pm
Thanks for the comment. Would expect sale of homes over 6 years,thus providing recurring revenue over that period of time.A lot of cos.dont have that kind of assurance.Do I understand your estimate to be 2 to 3 $ in Canadian as a reference reasonable price per share?
Comment by
St0ckR0cker on Jul 14, 2021 12:38pm
This 2-3$ price would be years away no? At the end of construction?
Comment by
snootchybootchy on Jul 14, 2021 3:36pm
I don't think so. Like any pre-construction, new-build housing development, buyers will have to put 20 to 25% down, right? So we should start seeing cash hit the bottom line relatively quickly, I believe. I think we can see cash rolling in in a matter of weeks or months rather than years.