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Bullboard - Stock Discussion Forum High Tide Inc V.HITI

Alternate Symbol(s):  HITI

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international... see more

TSXV:HITI - Post Discussion

High Tide Inc > Quantitative Equity Research Report numbers:
View:
Post by ProStreet340 on Oct 02, 2020 2:48pm

Quantitative Equity Research Report numbers:

According to Quantum:
HITI is trading at a 40% discount, and should be at least $0.27/share...
Average Outstanding shares = 227 million (makes the Market Cap $38,590,000.00)

Revenue = YTD $56 Million
3rd Quarter results = $23.20 million, so the 3rd quarter produced 41.4% of the revenue so far this year. We expect at least this much in Q4 - really much more (thanks to META Growth).
So then Q3 & Q4 would produce a second half of say $55 million or YEE of $86 Million

Therefore income from operations for Q3 & Q4 of say $5.6 million - this would cover loss of YTD and put positive profit for the YEE of over $1million.

With all this - our stock plays at $0.165/share ???
I will buy more later this week and hold for my expectations of $2 to 3 buck a share...
Its very possible and quite likely to hit the mark. 
Don't sell, hold and make the shorts pay - you have a great asset if own shares.

PS340
Comment by ProStreet340 on Oct 02, 2020 2:50pm
Quantum Report
Comment by ProStreet340 on Oct 02, 2020 2:53pm
Sorry - here is the report from Qnantum [url=javascript:openReportWithVendor('WSOD','https://www.bmo.wallst.com/Morningstar/reports/research?YYY2151_3KauCE0RuEbYeMzCePdea4ROJ0zoc58vsMYgyQ9JWP5LKfJCbzyG/IeVP86YWEA9WM5paCXqDFsQryO+U1j37HK5VEcB/ADjVT8QPVuAJ3g=');]Quantum Report[/url]
Comment by ProStreet340 on Oct 02, 2020 2:55pm
Trying one more time for this... https://www.bmo.wallst.com/Morningstar/reports/research?YYY2151_3KauCE0RuEbYeMzCePdea4ROJ0zoc58vsMYgyQ9JWP5LKfJCbzyG/IeVP86YWEA9WM5paCXqDFsQryO+U1j37HK5VEcB/ADjVT8QPVuAJ3g=
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