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Hi Buhlz,
Naturally this your money and I totally respect your business
position.
My comments are only my opinion made with no inside information
and just with my 40 years of business experience.
Buying more as funds become available.
GLTA
Hi Guys,
Just go on line open up Instagram and view COOKIES packaging
production line.
https://www.instagram.com/cookiesenterprises/?hl=en
And see the production packaging line set up and running at least
30 pieces per min. At 400 working min. per day that is 12,000
piece packaged per shift.
See Amazon web site selling for $14.00 USD per bag
That generates $14.00 x 12,000 pieces = $160,000 per shift.
This is why COOKIES is a very, very important customer
for NGW.
To me with the COOKIES retail sales engine and MGW quality
it is a marriage made in heaven.
And very likely that the next flower growing facility is total
sold out in it production once they start growing in Q 4 2021.
And for me they will likely start the construction of the
next grow facility by the 3rd quarter of 2021.
This story just keeps getting better.
Buying more as funds become available.
GLTA
Hi Guys,
Sorry, Buhlx, buy for me it is still not too late to add to or
begin positions in NGW.
Just take your time and add a small portion that you are ok with
at a time.
And it is ok to average up. Since in my somewhat informed opinion
NGW is still very under valued.
This is only the very beginning as the NGW brand is established
with the very "high" end quality of all of their Cannabis
products.
The market will respond to sales and profit growth. And the
share price will take care of itself.
Buying more, yes, buying more as funds become available.
GLTA
Hi Guys,
Very, very nice trading to the up side for most if not all
stocks within the Cannabis sector.
Valuations continue to grow in the market cap to sales figures
Some large names listed below
Symbol P/S
TLRY 11.22
CGC 29
ACB 7.34
Average of most is running Market Cap to sales of 10X
So how does this relate to NGW
Current run annual sales run rate is $1.6 million x 12 =
market cap of $192,000,000/
NGW has 170,000,000 shares outstanding.
There for projected price near term $192,000,000/170,000,000 =
$1.12
Ok, yes I get it NGW has just begun to tell there business story
top quality Cannabis, growing sales, growing profit. And
announced rational plans for expansion.
Guys, sooner than later the market is going to wake up to this
little gem of a company. And when this begins to happen
the volume in the daily shares traded will spike to many times
the average daily shares traded. And the stock price will
begin to move towards the valuation that is being given to other
companies in the Cannabis industry.
And, oh, yes NGW is making money, and a lot of it. This should
give NGW share prices moving to the higher end of the market
valuations for the Cannabis sector.
Just mark my word today and sit back and enjoy upward ride
in share price for NGW.
Buying more as funds become available.
GLTA
Hi Guys,
Buhiz, in my opinion yes they have maxed out their current flower
production and revenue generated from this part of their
product line.
However, if you remember the near term news that the secondary
products i.e. vapes, sauces, rolls, gummies have only been in
production for the last 2-3 months. The secondary products
bring higher profit margins which is very, very important for NGW.
The big game changer is that NGW now has the retail outlet
of COOKIES with which to sell all that they can make and package.
So these are the items that will continue to add sales dollar
to both the top and the bottom line reporting for NGW.
Sure we all would have like to see higher revenue numbers for
the month of January 2021. But the profit number continue to be
very, very impressive. But reality sets in the thinking
that production of the secondary products take time to start up
new capacity. And my thinking is that we should/would continue to
see an uptick in the sales and profit growth continue for the
next several months. Remember COOKIES has 17 plus store in
California. It is likely that they will sell all that NGW will
produce of their branded NGW products, vapes, rolls, sauce, and
gummies.
Buying more as funds become available.
GLTA
Hi Guys,
OK, enough political noise, please save for other venues.
Let's get back to NGW and making money!!
Hopefully NGW continues to trade up and closes at or above the
near term resistance price of $.54 USD at the end of this week.
We technically need the weekly closing price to confirm this move.
Therefore we will begin a new trading range if and when this
price level of $.54 USD is confirmed on the weekly closing price
at the end of this week.
The next trading range will be then established at $.54 - $.67 USD
Buying more as funds become available.
GLTA
Hi Guys,
Just wait until the congress pass any updates for the Cannabis
legalization in the U.S.
NGW will start to get the upper end of the valuation given to
the Cannabis sector big name stocks.
Her is reason that the Cannabis sector is rallying today as the
rest of the stock market sells off big time
https://www.marijuanamoment.net/schumer-working-on-merging-cannabis-bills-newsletter-january-29-2021/
Valuation with market cap of 10 x sales would easily be possible.
For NGW late 2021 sales moving easily to $25,000,000 per year.
Market cap at $250,000,000/170,000,000 shares out standing
yield a stock price of $1.47 USD.
My year end 2021 projection for NGW.
Sooner than later in my somewhat informed opinion.
Buying more as funds become available.
GLTA
Hi Guys,
HD if I was sitting on the board of directors I would with certain
state the economic case to pay the selected contract for an
expedited construction schedule.
The numbers would without a bit of doubt pay back many fold.
If NGW can complete construction, start up of their new facility
every month that they are in production will bring sales of
at least $3-4 million dollars per month. Once the grow cycle is
started and complete. I would believe that Mr. Jennings and the
BOD of NGW is thinking this way also.
So NGW for me just has a race against time to get this project
done ASAP.
That is my BOD vote and I am sticking to it!!
Buying more as funds become available.
Hi Guys,
HD thank you very much for your most detail and informed outline
for the construction schedule for NGW up coming new grow facility!
I am hopeful that with the proper motived (partial payment in
stock options) general contractor the time line for the
construction can/will be improved.
I just guess time will tell us the details.
The current trading ranges remains in place with support and
resistance as stated before at $.47-$.54 USD.
We will need a updated positive business development to move NGW
up to its next trading range. That being $.54-$.67 USD.
Buying more as funds become available.
GLTA
Hi Guys,
Thanks for the comments. And if it is the shipping facility for
NGW all the better. Since NGW is not taking up "flower grow space"
with in its main facility. Using ever square foot for $$$.
I will continue to check the city web site for any filing of
construction permits for the new flower growing facility, soon
to start up for NGW. And you guys are welcome to join in for this
hunt.
Buying more as funds become available.
GLTA
Hi Guys,
Important question please!
Why did Next Green Wave have a building permit issued to pressure
test gas at 175 West Elm Avenue, in Coalingia, Calif. Building
permit dated 10/22/20. This building is a 6 min. ride from NGW
current operating facility.
https://www.coalinga.com/DocumentCenter/View/1008/Permits-Issued-Report-10-2020
I have been researching NGW building permits using the Coalingia
city web site. Nothing yet but I guess Jan 2021 is not yet
posted to the town web site.
Buying more as funds become available.
GLTA
Hi Guys
Buhiz for me there will be plenty of profit to reward management
and us shareholders. The next few years will be a very, very
profitable ride for all of us investors, employees and management
of NGW.
I am all about paying the people who provide the business plan
and execution to grow NGW!!
Buying more as funds become available.
GLTA
Hi Guys,
HD I totally agree with you and I am not selling one of my shares.
In fact I am adding more as fund become available.
Clearly there is very positive pubic news about the Cannabis
market place being near term supported by Federal Government
action, i.e. banking, decriminalization of the Cannabis laws, etc.
And yes for specific to NGW, the COOKIES business relationship;
does give HGW a direct outlet to sell all of their Cannabis
flower,second products, like, rolls, vapes, lotions, and gummies.
For NGW specific near term important events coming. January 2021
sales report likely due by the second week in February 2021, will
show the first months sales with COOKIES as a major customer. This
alone should be very, very informative. And should in my somewhat
informed opinion give a upside move to the NGW share price.
Next, I do hope and expect that NGW will announce ground breaking
of their new Cannabis flower grow facility by the end of February
2021.
And also please do not forget the year end 2020 financial reports
with a very likely NGW management web meeting update about the
real current business conditions.
All very bullish in my somewhat informed opinion.
Buying more as funds become available.
GLTA
Hi Guys,
SF NGW flower is their unique high THC signature.
However with Mr. Jennings vast industry connections, just be
certain that NGW can and is going to buy very high THC content
Cannabis trim. To manufacture their vape, gummys, etc product.
COOKIES will sell all that they make and more.
Buying more as funds become available.
GLTA
Hi Guys,
Sorry I did not mention a very, very important business milestone
coming real soon, that is by the end of Jan. 2021. That is NGW
the first month sales to include the new relationship with
COOKIES. Should be reported by the second week in Feb. 2021.
As management has done for the last several months.
These sales number should give us some look see as to the sales
potential of COOKIES, and sales of vapes, rolls, gummies, etc.
But the real pipe line of these sales should show up in the Feb,
and March 2021 numbers. That being said since NGW likely needs
time to build and supply COOKIES retail network with these
products.
Feb and March 2021 sale should show this growth. And I cannot
wait since the share price of the NGW stock will react to the
upside accordingly.
Buying more as funds become available.
GLTA
Hi Guys,
Ok, some profit taking is in play with the trading of NGW.
However support and resistance remains in place as $.47-$.54. USD
And we all know that another business developments and updates
are coming real soon. That being said since NGW management has
for the past several months updated the monthly sales figures by
the second week of the following the pior month closing date.
Also for me in my somewhat informed opinion all the design and
engineering for the new facility should be completed within the
next 4 weeks. They know how to design Cannabis flower grow rooms
since they have built one just las years. And a building is just
a building shell with nothing special added. Design and
Engineering should be mostly plug and play.
Therefore I also expect that ground breaking for the new
Cannabis growing facility to begin by the end of Feb. 2021.
Also by March 15, 20021 NGW should be filing their year end 2020
financial report.
So for me just hang in there guys, this trading level will soon
be resolved to the upside with a new trading range.
Buying more as funds become available.
GLTA
Hi Guys,
I have been trying to give some thought to the recent trading
increase in shares traded per day and the up swing in the price
of NGW.
So those of us who have purchased or sold homes have always
been made aware of the "Comp Values" or relatively the same homes
in nearby areas.
Well the same hold true in valuations of businesses.
This is a very important and interesting piece of information in
my somewhat informed opinion!!
Finally noticed that late last week Cresco Labs purchased
the Cannabis company Bluma Wellness Inc. The valuation paid by
Cresco Labs was reported to the public as $213,000,000 USD.
Bluma Wellness Inc. cultivates, processes and sells Cannabis
thru 8 retail outlets in Florida.
Bluma Wellness Inc. reported 2nd quarter revenue of $2,414,00. CD
November sales were $3.1 Million CD
BLuma Wellness is making a profit. (see yahoo finance for details)
Blumb has an enterprise value of $188,000,000 USD (yahoo finance)
Ok, so how does this project the valuation of NGW, Friday yahoo
finance shows Enterprise value for NGW at $85,000,000.
The information noted above is real and easy to double check by
yourselves.
For me NGW is now able to easily quantify its valuations. And
yes NGW is very, very undervalued. Just remember Comps valuation
matter, in all business transactions.
In my opinion we should easily see a continuation of this upward
move for the share price for NGW.
For me I am not selling any of my shares.
Buying more as funds become available.
GLTA
Hi Guys,
Wow, another great trading day for NGW!! And still holding the
move to the upside with considerable share count at mid day.
Even with the broad market selling off, and in addition some
of the Cannabis sector stock showing weakness in share price
movement NGW continues to make new highs.
Very bullish move continues today.
And yes NGW is trading above the price point of $.47 that was
noted as near term resistance.
Well, we really need to see how the balance of the trading day
continues. But I will be away from my computer and the market
for the balance of the day. And I wanted to post this information
for all of us who are continuing to keep investing in NGW.
I researched the next support and resistance USD points for NGW.
New support is now noted as $.47 new resistance is $.54 USD
Buying more as funds become available.
GLTA
Hi Guys,
My thoughts about the share price move. Investors are supporting
the move with large volume buys. It is almost 1 pm eastern time
and NGW has traded almost 1,000,000 shares today. That is about
3 times the average daily shares traded for the last trading days.
Investors have realized that NGW is on the up swing with its
business. The COOKIES deal is very, very important. NGW now has
an established retail outlet for all of it vapes, roll, sauce and
gummies. Not to mention flower which was sold out before COOKIES.
So for me this could easily add $1,000,000 to the monthly sales..
Yes, I know it seem like a large dollar amount. But NGW can buy
high THC quality Cannabis, and have it processed and then
packaged into their NGW retail packaging. This amount is only the
beginning, and with the retail sales outlet of COOKIES it should
become considerably more in a few months.
I just can't wait to see the first months sales numbers, hopefully
given to us as a look see by management in early Feb.
With this sales would be moving into the $2,500,000- $3,000,000
per month range. With an annual sales run rate of $36,000,000
per year.
The above is easily reason to justify this move today and much,
much more upside prices to follow for NGW.
Buying more as funds become available.
GLTA
Hi Guys,
Sorry DD, just way too complicated to explain with in this chat.
But I have been trading for many decades. And use technical
and Candle Stick charts to establish support and resistance level.
I suggest if you are interested that you read a couple of books
on these subjects.
They will protect your assets and help you make money in the
long term.
Buying more as funds become available. (Yes even at these breakout
levels).
GLTA
Hi Guys,
Ok, for the share holders of NGW now you have all seen and
experienced a technical stock break out.
Trading range resistance of $.35 USD was taken out on high side.
And the stock moved higher into the new trading range of $.35 -
$.41.
OK, so now we need to close above $.41 USD
New support and resistance range is now shown on the weekly
charts. New trading range is now established at $.41 - $.47 USD
Oh, yes buying more as funds become available.
GLTA
Hi Guys,
Just reviewed the technical set up for NGW on the 6 months daily
chart.
Easy to define and notice a reverse head and shoulder pattern
which is bullish.
shoulder on left shoulder $.3280 on 10/29/20, reverse head
$.2505 on 12/2/20 and right shoulder today at $.33
Technical chart theory stated the next move is projected up with
the upper limit being the price difference between the price of
the shoulders and the head.
That being calculated as about $.08.
Next projected upper limit projected to be $.41.
Oh yes on the way up NGW need to trade higher than its near term
resistance of $.35 which is still in place.
But $.41 is projected as the next near term level.
Buying more as funds become available.
GLTA
Hi Guys,
As I have said several times. NGW stock price will take care of
itself as the company executes and meet their stated business
objectives. Profit, profit and more profit!!
NGW is a baby company. It has many profitable years ahead of it.
And with the management team that is being built, it will be
within the next 12-18 months one of the most profitable and well
respected ultra high quality Cannabis companies in California.
And a few years after that through out the USA.
Buying more as funds become available.
GLTA
Hi Guys,
Another great quarter for NGW! Mr. Jennings and team is showing
that they know how to deliver on a profit and continue to grow the
top line in sales.
For me another very important point is the management expansion
announced today by NGW.
1. Mr. Harder becoming the chairman of the Board of Directors.
Mr. Harder as a lawyer with 35 years of business experience
within the area of financing and M & A matters.
2. Mr. Hybels being promoted from within NGW to Chief Operating
Officer, from prior position of Facilities Director.
Very bullish moves by Mr. Jennings and NGW BOD.
Allows Mr. Jennings more time for business development.
Some of you questioned Mr. Jennings abilities as CEO. Well for me
he is showing his business capabilities growth with the current
management moves. Not to mention continuing to make important
growth business expansions deals, i.e. COOKIES. And producing a
profit for the last 3 quarters.
The above supports my reason to continue to grow my investment in
NGW,
Buying more as funds become available.
GLTA
Hi Guys,
Irish, great poetry you are becoming the "coolest of the cool"!!
Buying more as funds become available.
GLTA
Hi Guys,
Lets play the NGW Board of Directors game.
Question for today. What will be the next business direction for
expansion after the 2021 4th quarter completion and start up of
the new flower grow facility in the 1st quarter of 2022?
Comments, some thoughts about 2nd and 3rd quarter of 2022 business
growth and expansion possibilities for NGW. Lets play CEO and
Board of Directors!!!!
Below is listed some of my thinking.
1. Build out of the next grow facility of 250,000 sq feet.
2. Expand out of state with new grow facility and sell into a
new market.
3. Expand with COOKIES and set up NGW grow methods, and SOP
Cannabis curing procedures in the out of state COOKIES
key state vendors.
Buying more as funds become available.
GLTA
HI Guys,
Well stated HD. My thoughts exactly.
Also just check Mr. Jennings posts daily on Instagram. With pic
of the current ultra high quality flower that NGW is producing
each week.
Each week a new and more interesting Cannabis strain is pictured.
Where else is this playing out in the Cannabis industry.
Yes, HD I agree that we have many, many years of growth ahead of us.
Buying more as funds become available.
GLTA
Hi Guys,
Yes, DD it has been stated before. But for me NGW and Mr. Jennings
is running the company by stating and setting business objectives
and goals.
NGW is a company that is stating what they will do and doing what
they have stated.
This for me a one of the reasons that I have placed my investment
with NGW.
And as I sit patiently watching the story develop my assets grow
my with investment in NGW.
As NGW business continue to grow.
For me I am involve to make money. And oh yes, as stated before
by me and "for the pure intellectual joy".
Buying more as funds become available.
GLTA
Hi Guys,
More things to consider from yesterday's Form 7 release.
Management confirms the project to construct their new flower grow facility. And that once in total production the total flower capacity for the company will approach 20,000 pounds of flower per year.
So lets figure potential for sales dollars annual run rate starting when in full production. Management has stated that the new facility will be in production by the 4th quarter of 2021.
And we know that NGW has a 70 day grow cycle. So lets call this 3 months and addition 3 months to fill all the rooms and shake out all the new startup bugs.
So sales should really begin to ramp up with 3-4x times late in in 2022.
We know that retail sells 1/8 oz. of ultra high THC Cannabis flower at $70-80
So lets figure that NGW sell wholesale for $30 per 1/8 ounce.
Therefore $30 x 8 = $240 per oz. or $240 x 16 oz/lb. = $3840.
Annual run rate would figure at $3840 x 20,0000 = $76,800,000.
And lets add easily 30% for vapes, rolls, lotions etc. $15,360,000
Total projected annual sales run rate $92,1600,000.
In addition lets work with market cap at 3 x sales = $245,760,000
And shares outstanding (now stated at 177,000,000) at 200,000,000
Price per share projected to be $245,760,000/200,000,000 shares =
Share price projected to be $1.23 USD. by the 3rd quarter of 2022
or sooner.
So there you have it guys. Look very bullish to me.
Buying more as funds become available.
GLTA
Hi Guys,
https://webfiles.thecse.com/December_2020_-_Form_7_-_FInal.pdf?d78roI8aD4cetE3xO0gVeWHr_3wAD7k3
In Paragraph number 2.
Management activities ……
1. reviewing opportunities and strategic acquisition with the view of enhancing shareholder value.
2. Aligning with key dispensaries and distributors to sell flower...
Well we have seen the results of item number 2. that being the recent news about COOKIES business alignment.
Any thoughts on item number 1.? As to whom, how, when, and where??
Comments appreciated.
But looks very,very bullish to me.
Buying more as funds become available.
GLTA
Hi Guys,
Nothing to worry here about the slight selloff in NGW share price today.
Remember technical trading range is established as $.29 - $.35.USD
And it is most normal to see trading days as this. The upward
price trend is still in place.
Good day to add to positions, in my somewhat informed opinion.
Buying more as funds become available.
GLTA
Hi Guys,
Please look at the attached to see how important COOKIES will be to the growth of NGW!!
https://www.thegrowthop.com/cannabis-news/berner-passed-up-an-800-million-offer-for-his-cookies-empire-but-it-may-be-the-best-decision-he-ever-made
Buying more as funds become available.
GLTA
Hi Guys,
Another important point that was stated today. Just please all reread the news release of today with all the important details about this most bullish business deal.
That is the founder and CEO of COOKIES Mr. Berner stated within todays news release that COODIES is looking at noticing and identifying talent in the cultivation space. And they found NGW and Mr. Jennings that they will trust to produce brand and supply the best Cannabis products in California. In addition COOKIES has trusted NGW and Mr. Jennings to cultivate their new menu of Cannabis bred by Mr. Berner, the founder and CEO of COOKIES.
Look to me like a marriage made in heaven. NGW and COOKIES = $$$$$!!
Buying more as funds become available.
GLTA
Hi Guys,
Craig, I am still processing this very, very good and most important news for NGW.
Mr. Jennings and NGW found a way to partner with a major retail sales outlet for high quality Cannabis throughout California, U.S. and international.
COOKIES, stated that they will be expanding in 2021 to double their current total open stores across the U.S. and internationally.
With certainty the expansion for the next year only in California will make business sense for NGW. But with the current political changes coming a lot of things could change within the next two years in the Cannabis space.
But for me NGW has found a direct path to increase sales in late 2021 and 2022. This terrific business deal will move up the expansion plans for flower growth within the NGW location. And I would not be surprised to see a detail announcement about the next planned flower growth facility announced by the 3rd quarter of 2021.
As far as sales for 2021 are concerned NGW I remain even more bullish for the sales growth. I see sales moving by the 2nd quarter of 2021 into at least $2,500,000 per month. Or a run rate of at least $30,000,000 per year. And the stock share price should be easily trading at new all time highs.
If we use price to sales of 3 x at $30,000,000 = $90,000,000/170,000,000 = $.53 USD.
And 2022 sales should easily move toward $75-90,000,000.
With the share price trading at between $1.25 - 1.50.
This in my somewhat informed opinion and mine alone, with no other reason except the pure intellectual joy!!!
Buying more as funds become available.
GLTA
Hi Guys,
Cannabis sector heating up today. With many companies adding 10p% or more to their share price.
Guys, really NGW is just way under valued even with todays run up in share price.
So lets say NGW moves up to $.35 USD. Market cap would be at
$.35 x 170,000,000 shares outstanding = $59,900,000
Mr Jennings stated at the last CC that he projects salesrun rate at $20,000,000 per year.
So price to sales is currently at $59,900,000/$20,000,000 = 2.97
Cannabis sector is currently trading at price to sales of 3.5-4.5
Buying more as funds become available.
GLTA
Hi Guys,
The trading range has changed for NGW. NGW stock price is edging higher since the end of last week.
Old trading range was $.25 - $.29. USD
New trading range $.29 - $.35 USD
So guys just sit back and enjoy. The share price will take care of itself. That being said as NGW, Mr. Jennings and crew continue to execute on their stated business objectives.
We all sit waiting for the next update for the last quarterly sales numbers. In my somewhat informed opinion we should be seeing a nice upward continuation of the current move up upon issuance of this updated sales information, and hopefully new business development.
We should see some detail by early next week or before.
Buying more as funds become available.
GLTA
Hi Guys,
For me Mexico will not be a competitive factor for NGW.
Just go to Instagram and view Mikeloudseeds. And just keep
viewing all the special, custom, and unique strains of Cannabis
that Mike keeps growing and posting pictures of almost daily.
No one will be able to compete with this ultra high end quality.
And the above is the major reason for my investment in NGW.
Buying more as funds become available.
GLTA
Happy and Healthy New Year to all!!
Hi Guys,
Nice find 3311! Time for NGW to go shopping!!!
Buying more as funds become available.
GLTA
Hi Guys,
Just did a bit of research on NGW. As of 12/21/18 share price was trading at .35 CAD and had a market cap of 59.33 million CAD.
No building, now flower growth, no sales.
U.S share price of $.27 and market cap of $46 million .
Fast forward 2 years. NGWF selling at annual rate of $20 million per year. In production on two facilities, and starting 3rd facility in 2021.
Market Cap is at $51 million. ($.30 x 170 million shares outstanding)
Wow is something wrong with this picture. Can anyone just rationalize how under valued NGW is currently at.
So for me its just sit back enjoy the ride. While my investment will continue to grow in NGW
Buying more as funds become available.
GLTA
Hi Guys,
All the price movement over the last several weeks has been just normal trading price movement noise.
The prior technical charts still remain in trading range.
With the support at $.25 and upper price resistance remaining at $.29 USD.
Until NGW trades and closes at or about $.29 USD on the weekly close these numbers of the prior trading range remains in place.
Upper next range as I have previously stated is at $.29-$.35 USD.
Merry Christmas to all!!
Buying more as funds become available.
GLTA