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Bullboard - Stock Discussion Forum Naturally Splendid Enterprises Ltd V.NSP.H

Alternate Symbol(s):  NSPDF

Naturally Splendid Enterprises Ltd. is a Canada-based company, which develops and distributes healthy lifestyle foods and products. The Company owns Prosnack Natural Foods Inc. (Prosnack Natural Foods), a food manufacturing facility. Prosnack Natural Foods focusses on nutritional bars, Chii Naturally Pure Hemp, which is a retail line of hemp food products, while Pawsitive FX is a line of all... see more

TSXV:NSP.H - Post Discussion

Naturally Splendid Enterprises Ltd > Modern meat, negative revenue and 37 x the stock price
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Post by Quartzite on Feb 18, 2021 12:30pm

Modern meat, negative revenue and 37 x the stock price

Since listing on the CDNX, MEAT has shown zero revenues. I know they only have 27 million shares outstanding, so 7.5 times less than NSP. I get that, but with 3 to 4 million in revenues plus their large product line, modern manufacturing facility and new distribution deals to grow revenues, NSP should be trading at a minimum of 0.50.
Comment by Xstorm2 on Feb 18, 2021 1:11pm
Very good points, 50 cents a share for NSP is very reasonable. Still leaves us under 100 million market cap. Which is dirt cheap.
Comment by Quartzite on Feb 18, 2021 1:36pm
Future sales growth needs to be built into the stock price. Revenues will ramp up quickly and more distribution plans will be added. 
Comment by Cryptobreak1 on Feb 19, 2021 9:14am
Yep and the reason its not is because its being held down for more accumulation... Never try to guess the market. Learn the manipulations and hop on and off slowly perfectioning your moves. Most promessing stocks goes to long irrational low SP or downtrend and this is made to make people panic sell or simply run out of patience. When most have given up, shares for sale dry up and then SP will ...more