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Hi Guys,
Yes, we did trade below the near term support of $.29. But technically we need to close lower than the $.29 support on a weekly basis. The daily trading is technical noise. And yes the next support is $.25 U.S.
So for me this is a trading opportunity to place some orders and pick up some additional share. A few cents in the entry point for NGW will not matter within the next several months.
So for me I am buying more shares and holding every share since funds have become available.
GLTA
Hi Guys,
HD, the Porter Competitive Strategy is applicable to all investments made with any company.
It has been my basic decision point for all my investments for many, many years.
It simplifies and direct the way to think about a company and its position in the market place.
Just use it a bit with you own investments and I am sure that you will be making more money in the long term.
Happy to share this with all.
Buying more NGW as funds become available.
GLTA
Hi Guys,
Thanks HD!
I feel very fortunate that I found NGW. And have placed my investments with their business.
Much to be excited about in the near future.
Just watch/waiting for the next move up in price upon the quarterly earning release by the end of November. 2020.
And much more each quarter.
Buying more as funds become available.
GLTA
Hi Guys,
Cresus2019, NGW is a micro cap baby company. Just coming out of infant stage into a strong Toddler.
Investments and company growth take time. Months, years to reach their stated goals.
NGW is on a directed path. With involved management watching and working the business every day 24/7.
The results will speak for themselves. In my opinion there is no way that they bring in a new president. And add to the overhead.
In my opinion they are carefully following the plan that they first established when the company went public. Single change is they got rid of SDC. And they launched their own NGW branded products. Resulting in more gross profit for the company. NGW will continue to grow sales and make money. NGW will expand their flower foot print on their current Coalinga location. And in my opinion within 3 years they will have expanded their flower production 10X.
Just reread the Small Caps research from April 6, 2019
https://smallcaps.us/next-green-wave-price-target-increase-justified-by-significant-progress-during-past-months/
Buying more as funds become available.
GLTA
Hi Guys,
Why my investment in NGW will provide important profit realization in the next few years.
Porter Competitive Strategies[color=red][/color]
https://ars.els-cdn.com/content/image/1-s2.0-S1570794607800150-gr6.jpg
https://tempostrategic.com/wp-content/uploads/2011/08/porter-5-competitive-forces1.gif
Please read the above very, very carefully and you can easily see how unique NGW is placing itself within the very high end quality of the "weed" market.
Porter Strategies have been a proven winning business plan since his book Porter Competitive Advantage was published in 1985. Written by Michael Porte a Harvard Professor.
Buying more as funds become available.
GLTA
Hi Guys,
As I recently stated it is easy to take notice that NGW has begun to establish its brand in the California "weed" market.
Please remember one very important point. The point being that NGW has only established its in house NGW name brand and packaging logo for about 6 months.
The quality of NGW products have begin to speak for themselves. That being said by the amount of dollar sales in these products realized over the last 5 months. In fact this branding and new product introduction has really hit the ground over the last 2-3 months. And the sales numbers are showing great market acceptance.
This is just the very beginning for NGW. I really do not care how the "quote" wall street name brands (ACB,CGC,TLRY, etc) are trading. And also how much money these weed companies continue to lose on a quarterly basis.
This is not the market place that NGW with Mike Jennings as the CEO has positioned NGW.
Mike lives the "weed" market, and has done so for most of his life. He as our captain is steering the NGW ship on to great "HIGH" quality products. NGW will capture a high percentage of the market share in the California market.
Great things are happening with NGW. The market will take care of the sales growth. Since most/many of the people in the "weed" market are looking for the "HIGH" quality (pun intended) product to use when enjoying their "weed" experiences.
So for us fortunate ones to have found this company and place our investments great profits await us all.
Buying more as funds become available.
GLTA
Hi Guys,
Near term support for NGW remains at $.29 and $.35 U.S..
As we trade price movement is sideways for the next two weeks waiting for the quarterly report to be issued by NGW,
Buying more as funds become available.
GLTA
Hi Guys,
As far as NGW is concerned yes the Democrats winning with their stated goal of decriminalization of weed is good for NGW.
But the senate is likely to be maintained with a GOP minority.
And new legislation will be difficult to pass thru congress, near term. That being with the GOP having the senate majority votes.
But NGW has stated on several occasions that the business goal is to be the premier "weed' company in California.
And also they stated that California is the largest market in the U.S. currently.
The California market can easily support NGW's business plan. As they add flower grow capacity. NGW sales could easily grow 10X and become several hundred million dollars per year within the next 5 years. As NGW builds out and sets up their next grow capacity at the current location.
Sure the U.S. weed market will grow and will change in the future. In a couple of years as set up of New Jersey and New York add to legal weed sales.
For NGW legal weed sales nationally means only one thing my opinion. That is financing for NGW growth in flower capacity build out. The financing will become a lot easier for NGW.
This is the only, and very important outcome for NGW.
Buying more as funds become available.
GLTA
Hi Guys,
Sure the stock market is placing large bets on the major player in the "weed" industry. And names like ACB,CGC,TLRY,CURLF all have had major stock price increases in the last 3 trading days.
But please a bit of reality here. The new legalization is not a light switch and it has been stated by the New Jersey governor that legal sales of "weed" will take about one year to setup and start.
Yes, these companies do have a great future but there near term profits will still be had to find for many quarters.
For me these companies are setting up as a good short play and I am buying near term at or near the money options to limit my risk. But the chance of great profits remain in play.
Buying more NGW as funds become available.
GLTA
Hi Guys,
Thanks HD!! for you comments. My goals is to share my best thoughts and real information towards our joint goal, that is making money with our investments.!!
I just guess that NGW is still very under wall street radar.
I really thought that given todays news announcement that he share count traded would be significantly higher.
I just now guess we will have to wait until the end of the November and the release of the quarterly report. And also management stated updates.
This should really get interesting after this release of information in my somewhat informed opinion.
Buying more as funds become available.
GLTA
Hi Guys,
A thought about 2021 for NGW.
NGW continues to add prepacked NGW items. NGW continues to expand and begin sales of cloned seedling with the Botticelli system.
They have started up and begin producing more flower in the original grow facility with the space free up by moving packaging and shipping to the extraction facility.
NGW easily moving into sales of $2,400,000 per month by the first quarter of 2021. So yearly sales for 2021 moving toward $28,800,000. And possibly more toward the goal of $30,000,000 per years in sales.
At gross margin of 60% and total yearly sales of $28,000,000 yield $17,000,000 profit. And earning of $.10 per share and stock price with a PE 0f 10 by year 2021 end moving toward $1.00 per share.
And yes in house financing of the next grow facility is easily within reach!!!
Startup of the next on location grow facility will begin construction in the first quarter of 2021, or before.
The NGW future is now becoming much more in focus for those of us who have followed this company for the last couple of years.
The above are my own estimates and by no way imply inside knowledge of NGW business or management goals.
Buying more as funds become available.
GLTA
Hi Guys,
This mornings news release was just the beginning of great business news for NGW.
Management shows it knows how to run a manufacturing business. And also have expert knowledge of the market and sales to position themselves properly to make the most profit possible within their product groups.
Todays statement of $1,000,000 ebtda was most important.
Wow!!!! On sales of $1,700,000 gross margins
1,000,000/1,700,000 = 58.8%
And NGW only really started selling more NGW branded pre package items in late September and October.
For me the next 2 months sales should be moving towards $2,000,000 per month.
That means 4th quarter sales of $5,700,000. And lets use gross profit % at 60%. A stated goal by Mike at 60% gross profit.
So, $5,700,000 x 60% = $9,000,000.
NGW has 170,000,000 shares outstanding. $9,000,000/170,000,000 =
profit of $.05 per share.
So lets use a PE of 10. That give NGW a near term share price of $.50
My forecast for NGW year end price is $.50
Buying more as funds become available.
GLTA
Hi Guys,
Great news release this morning. NGW exceeding all of my personnel forecast for their business sales growth.
Mike is right on the track with his market and business knowledge.
Only steering the product development where there is high demand, and keeping his options open as and if things change. i.e. no sauce in house for now.
And now they can add approx. 10% capacity to the grow capability of the existing grow room. That being said since they will move the packaging and shipping departments into the newly C of O facility. And expand in house extraction for more in house profits.
So I really respect his management style. It is right on and directly pointed to add sales and profit to the young NGW.
I need some time to think about the next step and goals for NGW.
And I will try to post my update projections later today.
Buying more as funds become available.
GLTA
Hi Guys,
NGW successful applications and launch of their near term NGW branded product goals.!!!
NGW says what they will do and does what they say!!
A inspiring combination for success in business.
Thank you Mike and the NGW team.
I cannot wait for the near term quarterly report for the most recent updates about product and new near term goals.
Buying more as funds become available.
GLTA
Hi Guys,
Check out Mike's Instagram.
https://www.instagram.com/p/CHIpA_mBMkZ/
Looks like Gummy Bears are ready to go.
We like this very much.
Buying more as funds become available
GLTA
Hi Guys,
https://www.instagram.com/mikeloudseeds/
Just a quick look at "mikeloudseeds" on Instagram. You do not need an active account to view some great current product pictures.
A brief viewing of these pictures shows how NGW is continuing to expand into its packaged products with new items.
And guess what, no gummy bears yet, and more items to come. And also no extraction start up as of yet.
So for me the slight sell off today is for sure a buying opportunity!
Buying more as funds become available.
GLTA
Hi Guys,
For me a new BOD member will be added upon the establishment of new financing that will provide the $$$ for the upcoming next flower growth expansion.
This is just change gives the BOD room for this upcoming financial event.
In my somewhat educated opinion.
Buying more as funds become available.
GLTA
Hi Guys,
To me this is a good management change. And cutting the fat in top management with only a key group of operating managers remaining that are adding to the growth in operations and sales of the young NGW.
Good move in my opinion Mike Jennings and the rest of the BOD.
Buying more as funds become available.
GLTA
Hi Guys,
https://www.nextgreenwave.com/ngw-management/
Now we know the real reason that Robert sold his positions in NGW and took a short term gain on his options.
In my opinion this does nothing to stop the upward direction that this company has been taking in the last several months.
Buying more as funds become available.
GLTA
Hi Guys,
Let's not loose sight of the reality of NGW stock and the business development stage of NGW.
Reality, NGW only had its first harvest just slightly over one year ago.
A lot of positive near term business objectives have been met. And several poor early business decisions have be put on a better track.
Also NGW management has clearly stated its near term goals for the company. That is, extraction, packaged NGW branded, vapes, sauce, gummy bears, pre rolls, and cloning.
And in addition they have stated the next near term goal, that is increasing flower production.(My vote as stated is for on site development of the next grow facility in Coalinga, California).
So there you have it guys. This is all moving forward with as reasonable sense and quickness for business would allow.
And the has company stated on several public venues that they are sold out of product, weeks and months. This statement of sold out in advance says it all to me.
It's all about, sales, sales, sales, sales, and more sales!!!
It is happening, and will continue to happen in my somewhat educated opinion.
The business valuation and share price will take care of itself.
For now for me it is time to sit quietly and watch the business progress. It is well understood by most of us that have follow this company since its beginning. (The blisters are now recovering on many parts of our bodies when NGW traded at $.05 per share.)
So there you have it guys. Support and resistance remains in tack at resistance of $.35 and support at $.29.
Buying more as funds become available.
GLTA
Hi Guys,
Craignortheast, as previously stated near term support is $.29 and resistance is $.35.
Buying more as funds become available.
GLTA
Hi Guys,
HD, my thinking exactly.
NGW will be a great long term investment!!
As long as NGW keeps meeting its near term business goals, then this company will continue to grow in sales and profits.
And establish rational longer term business plans for future growth. (new flower grow facility)
NGW stock price will reflect the growing value of the NGW brand.
A leap upward in stock price near term just seems to continue to be a new possibility/reality. And sooner than later in my opinion.
Buying more as funds become available.
GLTA
Hi Guys,
HD...…………
Bamm, Zoom,...…...we are going to the moon Alice!!!
Buying more as funds become available.
GLTA
Hi Guys,
Craignortheast, my thinking is caused by the size of the current move and also the share count per day moving toward 1,000,000 shares per day average.
For me announcement will be the planning details, scheduling and financing of the next flower growing capacity expansion.
And it will be a new building added on the existing Coalinga location.
It just makes the most business sense to me. And also this was included within their original business plan when they began as a public company.
I do not know how much the stock could run higher from here. But for sure I have not and will not be selling any of my shares into this move upwards.
Buying more when funds become available.
GLTA
HI Guys,
Stock market taking a large sell off today. Weed sector mostly all stocks are lower.
And guess what...….yes,!!! NGW charges to a higher price on high share count traded.
So, for me further confirmation here that something soon coming likely a significant business announcement.
Buying more as funds become available.
GLTA
Hi Guys,
didn't, try the below for quotes Canadian
https://www.barchart.com/stocks/quotes/NGW.CN/overview
Buying more as funds become available.
GLTA
Hi Guys,
HD always appreciate you thoughtful comments.
Buying more as funds become available.
GLTA
Hi Guys,
A lot of thoughts over this weekend for reasons that NGW has move up in price so much in the last several weeks.
Very good news indeed about new products coming to market very soon.
And very important news stated by Mike Jennings our CEO about the companies current EBTA, at 42% with new released items at 60%.
This is great news and why in my opinion NGW stock will continue to go higher.
So here is my recent estimate. Current news releases show NGW easily moving sales at $1,200,000 per month.
My estimates with the new product sales and start up of selling cloning seedlings sales will move up to $1,500,000 by the first quarter of 2021.
That would show sales at an annual rate of $18,000,000 per year.
With EBTA currently at 42% and new items at 60% for estimates lets use 2021 EBTA at 45%.
With sales at $18,000,000 per year and EBTA at 45%, net profit would yield $8,100,000 in 2021.
Now for the interesting part of the above. We currently have 170,000,000 shares outstanding. And lets say that NGW issues another 10,000,000 shares for corporate need in 2021. So lets use 180,000,000 outstanding.
Profit of 8,100,000/180,000,000 = $.045 per share.
A growing and profitable company such as NGW could easily receive by wall street a Price to Earnings ration of 10 times.
That would show the share price at $.45
Very interesting to all!!! Comments appreciated!!
Buying more as funds become available.
GLTA
Hi Guys,
I just reviewed the technical charts for NGW. The next resistance point is at $.35 U.S. dollars.
Oh, by the way this week the volume of shares traded in the U.S. market reached a new all time high.
As of 1:40 pm eastern time NGW traded over 3.43 million shares this week.
Signs of a significant move up for NGW.
Buying more as funds become available.
GLTA
Hi Guys,
Cresus2019, lets be real here, and lets define "next few years".
With that in mind for example lets use the next 3 years and see where that could take NGW.
I still suggest that you return to the April 6, 2019 Small Cap Investment research report. That being said because there is a great amount of forward looking business goals that were stated in a reasonable summary about NGW business.
So using this information NGW will have within the next 3 years a complete flower build out and production facility at their Coalinga California location.
That in summary would give NGW flower production of almost 300,000 square feet of grow room. This is almost 8.5 times the amount of space that they currently have in production (35,000 square feet currently.
So lets use 8 times the capacity for estimating purposes. I have stated before that once the extraction facility and the cloning setup in in full production NGW would easily be producing capacity that would generate sales of $25-30 million per years. There long ago goal was stated at $30 million per year.
So using this estimate of $25 million per year time 8 times = $200,000,000 per year.
Also lets assume that NGW continues to make money and the market place gives them a reasonable valuation market cap of 4 times sales. That means the market cap would be $800,000,000.
Share outstanding now are stated at 170,000,000 shares. So lets think that over the next 3 years that NGW would issue another 50-100 million additional shares, for corporate option to key employees, other corporation expansion needs.
So lets use 75,000,000 additional shares issued in the next 3 years.
There for total shares outstanding would be at 245,000,000.
Price per share = market cap/shares outstanding.
So $800,000,000/245,000,000 = $3.26 per share.
This is just an estimate. And is my thinking only. Naturally there is potential for other business development that would/could greatly increase the total sales per year.
And if/when that would happen then the price per share could be much higher.
Remember that the Cannabis use is growing at a very high rate and will continue for many years.
Time will tell.
Buying more as funds become available.
GLTA
Hi Guys,
Well NGW share price has now traded higher than my last call of near term resistance of $.29 U.S.
Ok, guys, back to the charts to research the next support and resistance for NGW.
Also please remember that technically the old resistance is now the new support.
So NGW has support of $.29 U.S. dollars.
Buying more as funds become available.
GLTA
HI Guys,
About Cannabis legalization. To me it can only serve to help NGW with their financing and wall street interest.
About large companies coming into the weed market and taking market share from NGW is something that I do not believe will happen
NGW has and Mike have continued to state the NGW position in the market place is a specialty ultra high quality product.
NGW is building this brand with the NGW logo positioning the company to be separate from all other players in the weed market.
Upon establishing this position the market will give them the special place that exists for all ultra high quality companies in their own market place.
NGW is not in the business to compete with the high volume use low quality suppliers.
Case in point Tesla or Lamborgia, BMW or Ford.
Dom Peiron Champange
Need I say more.
Buying more as funds become available.
GLTA
Hi Guys,
My thinking is NGW will wait until after the election for any news to be released about their plans for a new grow facility. If the democrates win there will be a big change in the Cannabis sector.
The stated fact that the democrates would move quickly to decriminalization of Cannabis in the U.S. would give NGW access to the financing that they will need to build their next facility.
Likely in my thinking that NGW would wait and time the announcement with their upcoming quarterly report due by November 15, 2020.
Also likely NGW they would state at that time the significant improvement of the sales for the October 2020. Given the release of new vape, rolls and other NGW branded products. And possibly if we are so luckly NGW would include a forecast for the sales for the 4 quarter 2020.
Buying more as funds become available.
GLTA
Hi Guys,
Craignortheast the points of business milestones that you mentioned are in my opinion not "if" but "when".
In my opinion when NGW announces the start and schedule for their next grow facility share count would be in the multimillions.
And the share price would move at least 25% higher.
Buying more as funds become available.
GLTA
Hi Guys,
If you guys don't mind I feel it is important to post again the link from smallcap.cs dated April 6, 2019. This is a comprehensive review of the NGW business plan from a research report point of view. It is very worth while time to read carefully for all of us investors in my opinion.
https://smallcaps.us/next-green-wave-price-target-increase-justified-by-significant-progress-during-past-months/
Yes has been considerable business changes since this report was published but the basic business goals remain the same.
The report does review the expansion plans for increasing flower grow capabilities with in the Coalinga location.
Stated within this document is the fact that NGW has the plans in place to quickly expand Facility D and build a 250,000 square foot greenhouse. Expected to produce between 80,000 and 100,000 pounds of premium cannabis per year.
The report projected Facility B to produce between 12,000 to 14,000 pound of premium cannabis per year.
Facility C the extraction facility to produce 1500 to 3000 liters of cannabis oil per year.
Seedlings using the Botticelli system for cloning producing additional revenue.
This report to me outlines the basic business plan for NGW. Much has changed SD Cannabis is separate and not an overhead drag. And delays in startup of fine tuning the growth and extraction facility has cost the company possibly one year development time.
But these issues start up issues are now less important since NGW is producing a profit and is growing sales and gross margin.
For me the natural next step is to build the next facility on site. Yes it will take 12-15 months in build out and start up.
But company is on its way.
Buying more as funds become available.
GLTA
Hi Guys,
HD for me this is only the beginning of a very significant volume increase in the daily shares traded for NGW.
Today in addition the "Weed" sector stocks mostly traded higher.
Just remember if and when the Democrates win the upcoming election there will in my opinion be a large change in the investment community. Investors will take notice of the Democrates stated goal to decriminalize Cannabis. This will spark a large increase in money place into this sector.
Along for this investor interest in NGW will get its fair share of interest, and increasing share pricing. Reason being of their monthly profit and sales growth, and in addition their very high quality unique products in the market place.
Buying more as funds become available.
GLTA
Hi Guys,
I just checked for the U.S. stock market NGW posted its highest every daily shares traded today.
1,031,141[color=red][/color]
This is just the beginning of this move.
Remember near term resistance remains at $.29
Hopefully traders taking notice that this company is just starting to be placing itself with the mainstream Cannabis companies in the world. With its very high quality products and profit making ability for investors.
Much more to follow.
Buying more as funds become available.
GLTA
Hi Guys,
Nice trading today. Large blocks placing position at the ask price.
Trend upward is still very nicely in place. Money flow remains positive.
Moving up and stock price is following the upper level of the Bollinger Band. Both on the daily and weekly charts.
Next resistance level is $.29 U.S. dollars.
Sitting back and enjoying the ride!!!
And Yes, buying more as funds become available.
GLTA
Hi Guys,
The market just does not care that Mike sold 1,000,000 shares.
NGW stock continues to go higher and take out the near term resistance levels.
See you all in my opinion at $.29 U.S. before the earning announcement in mid November.
Buying more as funds become available.
GLTA
Hi Guys,
HD, for me I think that you are getting a bit ahead of the NGW valuation with their current business reality.
But who knows, and if the Democrates will and crazy valuations come back to the weed sector well, possibly, just possibly we NGW will have a shot at these valuation.
However if and when a additional business development is stated and then achieved then for sure new valuation levels for NGW will become a reality.
But this could take awhile in my opinion.
My long shot for NGW is that they become a proven name brand in the California Cannabis market. And NGW becomes nationally know as a CPG of extra high quality Cannabis products.
And then NGW sells license to other growers for "powered by NGW" growth technology throughout the U.S. market. And overseas.
And yes if this does happen then the valuation you stated will easily become the low range for NGW stock..
GLTA