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Be nice to get to fair value $19.2 anyday, everyday :)
Hope we get updates soon on how well the two new RTD drink pre-orders went! Love every new distributor as it enhances revenues and will support a coming blowout quarter!
Good reason to be excited here IMHO!!
Beautiful day today 684,462 buy volume versus 286,851 sell volume and 192,186?
Accumulation :)
Love VFF, go village people!!
Interesting company, its on the cusp of its best performance ever and yet not much above 52 week low.
Isn't stock market 101 buy low sell high.
To be honest, might be 1st time in this companies history, its investment worthy in my humble opinion. If your a risk taker?
Are you? Beat the crowds? Beat all mania?
Or buy a mutual fund :)
Not my estimates, but the Pros:)
Anyone like the low, median or high estimate. Wake up wall street.
https://quotes.wsj.com/CA/VFF/research-ratings
Maybe I should buy some VFF :)
In my opinion, that is completely reasonable!
It CAN HAPPEN!!!
Very real!
Im no TA guy but always enjoy the study of it and seeing peoples effort to predict the future.
I buy and buy vate stock because I truly like their products and the cbd. The company has no debt and it goes without argument they are on the cusp of growth. Hence accumulating your position, whatever suits each person risk is best done before it gets it fair recognition.
I think pretty easy to see fair value going forward at or around .10, so I've accumulated my position before mass recognition.
Just my humble opinion and always enjoy your perspectives, right or wrong !!
Glta go VATE!!
Been buying alot today back up 2,920,757 shares. WHY cause i like being part of 3M share club.
My buys were absorbed easily even when buying 5x indicated available ask volume, at the ask price.
Also just placed 3rd order for ice infused coffee!!
:) go VATE
Gm village people!!! Couldnt agree more! $20 will happen!!
Just recieved my ice tea. It taste like slightly sweet water with lemon squeeze and/or lemon pieces in it to me. Maybe a tad on the weak tea side but not bad at all. Would have no idea there is cbd in it.
Enjoy your vate :)
KEY DEVELOPMENTS
(a) On December 17, 2018, the Company entered into a share purchase agreement to acquire common shares in Pineapple Express Delivery Inc. (“Pineapple Express”) and an affiliated entity, representing an additional 34% equity in exchange for such number of common shares of Namaste having an aggregate value of approximately $3.1 million. The transaction closed on March 13, 2019 with Namaste now owning 49% of the issued and outstanding common shares of Pineapple Express. (b) On March 6, 2019 the Company entered into a share purchase agreement to acquire 49% of the issued and outstanding shares of Calgary, AB-based Choklat Inc. for $1.75 million in cash consideration. (c) On March 18, 2019 the Company announced the appointment of Baker Tilly WM LLP (“Baker Tilly”) as its auditor. This followed Namaste’s prior announcement on March 5, 2019, that PricewaterhouseCoopers, LLP resigned as auditor of the Company. (d) On April 2, 2019, the British Columbia Securities Commission, accepted the Company’s application for, and granted, a management cease trade order (the “MCTO“). The application for the MCTO was made by the Company due to a delay in the filing of its audited annual financial statements for fiscal 2018, the accompanying management’s discussions and analysis and the related CEO and CFO certifications (collectively, the “Annual Filings”) by the filing deadline of April 1, 2019. (e) On April 25, 2019, the Company appointed Kenneth Jones to the Board of Directors and chair of the Audit Committee. (f) On May 24, 2019, the Company appointed Andy Wilczynski to the Board of Directors and the Audit Committee.
As at February 28, 2019, Namaste had a cash balance of $ 69.2 million and a working capital less cash and cash equivalents of $ 5.5 million. Working capital consists of current assets less current liabilities. As at February 28, 2019, the Company has sufficient capital resources to satisfy its near term and longterm financial obligations as well as growth initiatives.
The table below sets out the cash and cash equivalents and working capital position of the Group as at February 28, 2019 and November 30, 2018:
2019 2018
Cash and cash equivalents $ 69,265,952 78,210,706 Working capital excluding cash and cash equivalents 5,016,667 2,648,157
Decrease in cash and cash equivalents of $8.9 million was due primarily to cash flow used in operation.
Increase in working capital excluding cash and cash equivalents of $2.4 million was due primarily to an increase in inventories of $1.2 million, an increase in prepaid expenses and other assets of $0.5 million, and a decrease in accounts payable and accrued liabilities of $0.9 million.
FYI.
Revenue for the quarter ended February 28, 2019 was $4.6 million, compared to $5.6 million in the comparable quarter in the prior year. The decrease of $1.3 million was in Namaste Vapes as a result of the divestiture of the U.S. business in December 2017. This decrease was offset by Findify and Namaste MD as these segments were either not yet incorporated or were not yet acquired in the same quarter last year.
I agree completely. By the way my lemon ice tea scheduled to arrive on Monday. Have great expectations after trying all their other products. Will surely post my honest opinion after tasting :)
Great stuff!! GLTA
Holding over 2.1M and I hope your right!!
Personally I adore all US military as they have kept me safe 52 years in our country. Thank you and to all US military for my freedom and your sacrafices.
Greatful to be American and for all of our freedoms.
Huge supporter of VATE because for no other reason then I like their product and believe there is a huge market available that they only need a tiny slice to be enormously successful.
I wish you luck in all your trades and all your investments and thank god we live in the best free country in the world.
Go VATE
Earnings will be out before the end of the week.
Exciting times for namaste to finally transition back into a normal public company and to have repaired the damage caused by manbun.
The company literally may be 100x better of then it was.
Mj Revenues, Patients, and cash on hand things of most interest to me.
Go nxttf
Gm village people !!!
May the best Canadian cannabis stock of 2019 begin it path to recognition. On a positive note miserable May is almost over:)
Every major mutual fund may own this stock by this time next year. Think what that will do to the value and your investment.
Be wise JMHO
Go VFF!!!
Id sell you some at 19 nubby
Going for another 1150 at 12.56 !! Approaching 30,000 again, havent had that many since 3.58
I agree!! Is it being naked shorted? I bought more today!!
Go vff
Seriously down 4% on just 300K shares. What a joke! Crazy if you aint buying imho
Great news GO VATE!
The thing about vate is that it has great packaging and great tasting products. No way this thing should stay under .05.
I hold over 2.2M shares because I like the product in a small company that has no DEBT and has just started it market exposure in the hottest sector known to mankind :)
Jmho get your position before everyone knows about it is the best way to win.
Buy low sell high, best to all vaters.
Dang that ice coffee with a bit of milk, on the rocks, with a drop of hazlelnut, is off the charts delicious:)
Enjoying cold vate infused coffee and working out.
Drink the infused coffee its tasty.
I love vate :)
5.8 M volume and .045 close, erpy's guess.
Have a wonderful weekend. HAVING VATE INFUSED COFFEE waiting for my tea.
Will buy another 1000 at 13.3 ....No other way to burn retarded shorts !!!
Bought another 3100 shares today !
Ill just keep buying.
Erpy loves vff and the village people!
Hope your right!! Looked in my shorts and it wasnt pretty. Guess you got to watch this thing every second . Oh my all I can say!
Yikes, taking my chances :(
Last I saw we were heading to .1, went away a few days and now im poor ;(
Lord what happened to this ?
Definitely paying much closer attention and modifying my personal investment strategy here!
In case any one forgot they (VFF) received $20M canadian for a 1,000,000 shares. This means without an ounce of doubt in my mind,
anything under $15 USA is 100% a complete steal ignoring all my other valid points.
Let me suggest buy, buy, buy, buy, every stinking share you can under 15 especially for your kids under 10 so you can pay for their college probably with in 12 months not 10 years. Oh wait dont follow wise erpy suggestion, keep selling! JMHO..
Btw can any person out there that is selling please share with me why? I am very interested in why any investor would sell this stock at this time?
A villager in the village people!
No! I also recieved my 2nd order of cold infused coffee today. Still waiting on the tea. Based on the reactions of my friends to the VATE coffee, Im holding approximately 2M shares for much higher prices.
The product is great, packaging 2nd to NONE, its all about production capacity in my mind.
Come on MEDICO dazzle us all!!!
Seriously??
Your post is beyond hilarious? Did you get paid for that post??
Molson coors/hexo Truss drinks coming after FDA pulls there heads deep out of their ass.
Buy and accumulate on the weaknes. Remeber buy low sell high heres your chance to do 1st smart thing in your life lol!!!
I truly feel so lucky to know about village farms and Im a very proud member of the "Village people"
I know youve seen it all here from long ago and we got alot more green coming IMHO. Most confident Ive ever felt about vff.
May the wise be very heavily rewarded.
Vff facts:
1)We earned .13 eps forwarded looking fair value with 0 growth is $19.2
2) Texas legislation approved Hemp, oh look VFF can be a leader in hemp and is aggressively pursuing it.
3) Technical chart shows breakout immenent.
4) Share structure absolutely outstanding 50M shares of which CEO owns over 9M himself
5) Double mj production capacity
6) JV for hemp growing in US
7) Just recieved Production license.
But this stock sucks see the share price it goes down most days on all this great news.
WAKE UP AMERICA, WAKE UP CANADA
BUY BUY BUY BUY BUY
I admit it very frustrating but my only legal fair weapon is to buy buy buy when you know what you see in the stock price is complete horseshit.
Serioulsy not even a 1B market cap for this stock are you fricking kidding me.
Use the only tool you got brah, thats what erpy does!! Buying 3000 to 5000 more within a week.
Go VFF screw the manipulation that goes on!! Our day in the sunshine will come!!!!
Haha the VATE train just reloaded with COAL.
Hope you all loaded up for the next ride :)
Love vate!
Why I think Vate is a great:)
1) CBD tea and coffee rtd - so yummy
2) 60,000 initial runs x$4 per can/bottle !
3) Growth is happening right in front of our eyes! Thats not a question its a fact!!
4) 0, let me repeat ZERO debt
5) New distributors are coming!!
6) Not a stinky pinky
7) Deal with a big box? Could happen??
8) Hottest sector out there and its only going to get hotter!
9) Packaging is 2nd to none, another FACT!
10) Is it a buyout target, maybe if the products cant be kept on the shelves.
Crazy not to own some Vate, 3 weeks ago, today, 3 months from now. OWN your trading shares and definitely hold a large core to see how it shakes out:)
Go vate !!! Love ya
Thank you for sharing !
If you own vff you own a 4 leaf clover :)
Fantastic, day after day fantastic!!!
Yeah for the village people!!!
The products are very good. Hope to get the tea this week. Even ordered a few more ice coffee's.
I like VATE!!
Its all good. I love TA guys. I really just like normal people making boat loads of cash.
Maybe just your style. I am hoping for some positive surprises here after 8 months of nothing but doom and gloom.
So tell me 1 month prediction here at .62
May you do well in your trades !