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Bullboard - Stock Discussion Forum Very Good Food Company Inc VGFCQ

Very Good Food Company Inc is a Canada-based company. The Company engaged in food manufacturing.

GREY:VGFCQ - Post Discussion

Very Good Food Company Inc > The reason I say 4-5$ is because very is not worth 600 mil
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Post by keithvictoria41 on Dec 15, 2020 11:06am

The reason I say 4-5$ is because very is not worth 600 mil

Very only makes 4 million a year most stock are 20-30 times earnings that would mean very should be a lot lower right now . It will go higher but they need to show  
earnings alot higher like  6 million every 3 months instead of 700,000$ .
Comment by STEPHENJOBbbbbb on Dec 15, 2020 11:56am
Beyond meat 12 sales so very may be 15 million sales per year ? So 12x sales should be around 200 million mc so share price should be $2.2 for VERY
Comment by challenger426 on Dec 15, 2020 1:25pm
VERY is a growth stock, and is growing revenues on a quarterly basis.  The market is forward looking and as long as the revenues keep increasing for VERY at a good pace, enjoy the ride and the ratios should one day get more in line.  They are expanding so that should help ramp up more sales.  If you don't like the price to sales ratio, move over to other related stocks like ...more  
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