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If you’re holding long term for when they have $20m+ in revenue who cares about the short term blips unless you want to buy more?
You need to do some DD on this. I am a stodgy buy and hold guy. I trade on multiples of revenue potential. Below is an old analysis I did on that a month ago and why I feel $1 is a no brainer:
You can basically double all these numbers given where Tilray price is.
So for fun lets play the Tilray vs. FLRF game (now that Tilray is up at $95/share).
Tilray 75m shares @ $95/share = $7.5B Mkt Cap
Tilray last Qtr rev = $10m, annualized = $40m
Tilray trading at 188x revenue
FRLF current market cap = $34m
FRLF has in public disclosures identified Revenue streams that could in theory produce $30-$40m in revenue, so lets say $20m potential to be safe.
If FRLF achieves half that revenue and lets assume to be conservative that Tilray’s revenue multiple of 188x is 50% too high (frothy) so we use 94x...
So $20m rev x 94 = $1.9 BILLION market cap.
Current market cap = $34M at ~ .18 share price, so at $1.9B market cap, share price would be roughly $10.00 per share....
So with a ‘frothy’ valuation, could FRLF run to $10/share in a few years? Even if that scenario is 75% too optimistic (even with my conservatism above using 1/2 Tilray’s multiple and half identified revenue potential) and you’re still looking at $2.50 per share...FRLF would have to be on the NASDAQ for this to occur but still...wow.
Over $60 close! Woo hoo, we good here!
Dude. This will be over $1 guaranteed. Patience. You will not lose money on that buy this is a buy and hold.
Yep this puppy is gonna pay off my mortgage if all goes according to plan!
Nice day. 5 straight sessions of strong volume and some .008s sold today.
This is gospel. First time as an investor I can honestly feel I know what I own and with that I am not even thinking of selling.
I had my eye on them. Boring play but solid solid company. I just took an opening position today in it.
Ditto. Not gonna try and time this one.
Bought an opening position today.
Agree. Slow and steady here. This is a long hold stock. Looking at what they have going on we are only in the first inning now.
Great stuff SL! Looking at this has anyone looked at GRWG as an investment given its ties to Merida? Looks attractive to me. Maybe they supply equipment to FRLF as they upgrade the Spain greenhouse.
Thinking of taking a position here. This board seems pretty dead. Anyone have info they could share or an opinion on the stock?
Believe me every morning for me starts with wishing I’d bought more back at .13s.
I actually think $10 is fully achievable in 3 years to 5 years
Burden of proof here is solely on ANDI not on ACI. From prior Utopya tweets we know that they know ACI exists. It’s on them to refute if this is false. If false why would they not do a simple tweet to refute it.
My 120k shares are under lock and key. Will buy more if a major pullback happens. This is the best stock I’ve ever owned. By far.
Ditto. $200 cost basis now on 4m shares. Will hold those long term.
Several days of consistently strong volume. Nice. Price will follow no worries.
Yes! FRLF strong!!
Looking good INMG!
Ditto. 1.3m and holding.
I love what I’m seeing here! Drown out those hater voices! Longs let’s push this thing through the roof. It’s just beginning here!
Prices so cheap here.
Add Rick Flairs ring entry song to play when we break $1!
I love this guy (or gal)!!
Umm. It’s Wednesday.
Will the stud with the 3 million share but please take a bow.
Look at that beautiful volume. It’s happening folks!!
Not a subsidiary but they own restricted INMG shares so a play on Them is an indirect play on INMG
I did this a month or so ago so the numbers are dated but simplistically I think this could happen once they are fully recognizing existing revenue streams.
So for fun lets play the Tilray vs. FLRF game (now that Tilray is up at $95/share).
Tilray 75m shares @ $95/share = $7.5B Mkt Cap
Tilray last Qtr rev = $10m, annualized = $40m
Tilray trading at 188x revenue
FRLF current market cap = $34m
FRLF has in public disclosures identified Revenue streams that could in theory produce $30-$40m in revenue, so lets say $20m potential to be safe.
If FRLF achieves half that revenue and lets assume to be conservative that Tilray’s revenue multiple of 188x is 50% too high (frothy) so we use 94x...
So $20m rev x 94 = $1.9 BILLION market cap.
Current market cap = $34M at ~ .18 share price, so at $1.9B market cap, share price would be roughly $10.00 per share....
So with a ‘frothy’ valuation, could FRLF run to $10/share in a few years? Even if that scenario is 75% too optimistic (even with my conservatism above using 1/2 Tilray’s multiple and half identified revenue potential) and you’re still looking at $2.50 per share...FRLF would have to be on the NASDAQ for this to occur but still...wow.
If it is I’m gonna be rich!
In a word. Yes.
It’s begun. We are moving forward.
Long live the Leaf!!
Lift off! It’s time to roll!
Yep I never sold a share. If you believe in the company why would you. This is a Warren Buffett type buy and hold long term.
Mic drop
You might want to actually research the company a bit before generically posting. CBD is just a fraction of what they do.
Ha ha. “Sit UBU sit, good dog”