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Hi Guys,
This is a public market place with many thousands of investors looking for companies with growing market places, growing company sales and profits.
So as NGW shows it has a real business, that is with growing sales and profit numbers the investors will be available to support the share prices.
And the price of the share will be driven by company valuations.
That is market cap to sales multiples, in the range of other growing companies in their sector.
That is the long and the short of it all.
GLTA
Hi Guys,
TMack well stated and important points made. However, with execution of the NGW business plan, brings confidence and profit to the company.
Important major milestones are ahead. They are more clearly noticed than ever before.
Some of the more important ones in my opinion are below.
Establish the Next Green Wave brand with great product THC % yields.
Increase the plant count per room to 550 plants ++
Obtain the C of O for the extraction facility in house start up.
Startup and prove the process of in house extraction with great Next Green Wave products.
Finalize the start up of the Intrexon cloaning process, and begin
planting in house and after this selling the cloans as New Green Wave products.
Establish second grow room, using rented facility, and Next Green Wave grow process, and yield.
These important business milestones will be adding the confidence to investors as the company keeps growing sales and profits.
Then as the market place is taking care of the demand, New Green Wave just needs to keep expanding its product line with its great THC yield.
GLTA
Hi Guys,
Ok Craignortheast, I could be one quarter early in my monthly sales estimates. I will give you that. Sorry for my bullish stand.
But once the extraction facility is up and running monthly sales will be much north of $1,500,000.
And also once the plant count per room moves from 450-550 my estimates will look very low.
So my sales estimates per year will look very reasonable and be on the low side. Just wait until the second or third quarter reporting.
My year end forecast is share price over $.50 by the end of the year. And could be more if things go well for NGW.
That is why I am a buyer at these levels and higher as $$ become available.
We can always make money buying as a stock is rising in its share price. The wall street guys call it momentum buying.
GLTA
Hi Guy,
A thought...……...ask price in USA at $.088
NGW has 181,000,000 shares outstanding as of 12/2019 report on their web sight.
So lets say they issued another 19,000,000 shares during the last few months. For operating expenses and options grants for key employees.
Thereby the market cap is now approx. $.088 x 200,000,000 = $17,600,000.
With the first quarter report due at the end of this month we should see an significant improvement in sales $$$.
Is NGW working on at least sales of $1,500,000 per month. This is an annual rate of $18,000,000.
So with any realistic valuations we should see a market cap to sales ratio of between 4-6 time.
Using 4 times sales 4 x $18,000,000 = $72,000,000
Using these valuations the share price can easily be trading at
$72,000,000/200,000,000 shares = $.36 US dollars per share.
So there you have it my friends. The above logic is why I do continue to buy. And will add to my position as $$$ become available.
GLTA
Hi Guys,
HD...…...I am looking for much more than a double by the end of the year.
Reasons as follows, and they are all realistic!!!!
Yield is now every 10 days.
Crops per room count moving upwards from 400 to 500 per room very soon. On to 550 plus per room by the third quarter end.
C of O for extraction facility by the end of the second quarter or beginning of the third quarter or much before.
Extraction process in new in house facility to be totally checked out and in full production by the end of the third quarter.
Extraction CBD and oils sold for much profit dollars in the end of the third and fourth quarter and beyond.
Launch of NGW branded and sales of these items will hit the financial reports for the end of the second and most of the third quarter and beyond.
Retail store reopens for added income and awareness of the NGW brand.
NGW if going to be on track for a great end of year and the market
GLTA
Hi Guys,
Nice, nice, nice move up today...……..Now that's what I am talking about.
30% move up.
Just the beginning
GLTA
Hi Guys,
HD, I do respect your trading style, that is only trying to buy at the bid. And I am not suggesting how you position your own money. That decision is truly just your own with your risk tolerances totally to be respected.
But, for me once I make a decision to add to any of my positions,
I do so with the thoughts that my purchase price will be rewarded with an up or down (if I am shorting) movement. A slight % difference usually does not make much of a difference, since I am not day trading for a small % gain.
I do believe that the perception for NGW has changed to somewhat positive. Thereby the difficulty getting fills at the ask price.
And also given the big moves up, in the likes of, ACB, TLRY, CGC, CURLF. This sector is getting much attention after yesterday large sales beat for ACB.
Yes, NGW is a micro, micro, player within this space. And not on any large investors radar. But a couple of quarters of sales growth will change this perception to bullish, and also the stock price valuations will greatly improve to the upside.
GLTA
Hi Guys,
I just paid up yesterday and got my order filled at the ask of $.0607.
This might just be the new normal for owning shares, as NGW is slowly, yes very slowly gaining some buying interest.
The inside buys are a known signal to me of a good statement of support for this price point.
So, now we are two weeks away from first quarter reporting.
That should bring us to a new and higher base and moving towards our break even price point for us all.
And yes there will be plenty of time to add to my position as the NGW story continues to unfold, and valuation begin to improve with business plan milestones accomplished.
GLTA
Hi Guys,
We should see a nice move up in price with the release of the first quarter sales numbers. Also we are still waiting for the extraction building to obtain its C of O.
The issuance of this C of O will allow the on premises processing of stems and twigs for into their extraction process for CBD and oils.
The profit margin of the extraction process is much greater, and this will be the driving point of the sales growth into the third quarter.
This will complete their near term goals for the startup of the new facility.
And the sales projection of $30 million per year that was originally put in place will be back on the front burner for NGW.
GLTA
Hi Guys,
From the web site as of Feb. 20, 2020 news release.
https://www.nextgreenwave.com/next-green-wave-provides-corporate-update-2/
They harvested 1500 lbs of flower as of Jan. 2020. Also started extraction process, and started selling CBD and oils.
This gives them another month of growing and manufacturing product ready to sell in March.
My estimate is another 500 pounds easily available to sell in March 2020.
Thereby my sales estimate for the first quarter.
2000 pounds of flower x $1750/pound = $3,500,000.
Additional CBD and oils $ 250,000
Total sales for quarter $3,750,000
And since the grow room plant count is expanding towards 500 plants per room. And in addition their grow cycle has improved from 10 days to 14 days. And with extraction of their own flower sales coming on board even more potential.
Next quarter sales should be in my opinion $8-10 million.
My reason for buying more shares today!!!
GLTA
Hi Guys,
Craignortheast, we do not know for sure at this point.
But the question remains as to why is it that Mike Loud Seeds Instagram page recently posted the pic of the Packwoods product.
Seem to me that there must be some connection between NGW and Packwoods.
GLTA
Hi Guys,
TMack01...….yes that info was stated in the report recently filed and dated for December 2019
Since then NGW has accomplished much higher THC crop yields.
And for that reason in my opinion they are earning the respect of their product quality and the increased selling price that goes with this accomplishment.
Whatever the case might be they have a new distribution channel for there product. And to me this is great and big news.
GLTA
Hi Guys,
Check this out from the Packwoods web site
https://www.packwood.la/product/big-als-exotics-pink-plushers/
selling discounted at $50.00 per .07 oz....
Wow, over $11,428 per pound retail!!
So even if we divide by $11,428 by 4 allowing for market up, jobber commissions etc.
Likely NGW is getting $2800 per pound for their product.
Look good to me.
GLTA
HI Guys,
Check out the recent twitter picture post of a NGW grow room.
Carefully counting plants from the picture, looks like over 500 plant growing in this room!!!
https://twitter.com/NextGreenWave
Looking very good to me!!
See you all at the IPO price in a few months!!
GLTA
Hi Guys,
Ok now we have the year end report that documents all the fist year failures, delays, marketing and branding that delivered no sales.
Well this is real corporate people. In corporate business someone has to take the blame, feel the heat, and possibly leave the company.
NGW has the product, NGW needs new management to lead this company into a future profitable business.
Further delays in execution of their business plan requires a change in the top management of this business!
Why is extraction facility operating certificate being delayed and taking so much time to complete and start up. This needs to be expedited asap, costing the company many, many $$. The extraction business startup with NGW high THC % will be a very big money maker and change the profit picture greatly.
For me the first step is throw out all the licenses and brand all product "Next Green Wave" with the company logo and all their greatness and awards!! Place the seed type/name/flavor on all package with the "Next Green Wave" logo. NGW needs to keep every profit dollar for itself!!!!!
Hi Guys,
HD my thoughts exactly...…..right on with the valuation analysis!!!
Hi Guys,
I just can not figure it? Why all the comments about C29 getting cursed out?
Is C29 such a delicate flower and who cares anyway.
Who cares..it just will not make me money.
NGW just show us the money...……
Harvest every 10 days just works great for me.
I am sitting back and waiting for more important sales and product news.
I suggest you all check twitter every day with more and more product photos..
Hi Guys,
Great post BGP,
Now, that just summarizes what I had been talking about.
$$$$$ coming...…….!!
GLTA
I am buying more shares as $$ allow...……..
Hi Guys,
NGW clearly stated in their corporate deck
Who we are...……...NGW as stated in their corporate deck of investor information they are
" CALIFORNIA'S CRAFT CANNABIS COMPANY "
They are on a mission to separate themselves from the mass produced out door grown cannabis.
And by doing so command a the quality pricing that goes with the special quality product.
In my opinion they will never grown outdoors, it is just not in their stated business plan and business goals.
And they will get the $$ for this quality.
IMHO GLTA
Hi Guys,
Looks like high quality weed prices are still holding up quite well!!
For example see the link below San Diago, California listed below at
$268/oz. = $4288/lb.
http://www.priceofweed.com/prices/United-States/California/San-Diego.html
Hi Guys,
re: Paul Chow share count
Always a good thing when insiders are adding to their total share count!!
Looking for quarterly filing by the April 30, 2020.
This should give us a good look see at what is happening with Next Green Wave.
For me I am adding slowly as I can afford.
GLTA
Hi Guys,
A glimmer of hope with the news today.
Any new sales outlet is something good, however as small a step as this new one is.
And new communication continuing is also a good small step.
For now for me I will take any communication that NGW can give us.
We need to manage thru the next couple of months. And if NGW can and do manage this time period long term we might just see some green $$ from NGW.
GLTA
Hi Guys,
Yah, HD we all just might die from the shock of the news and be forever out of our current pain!!
HaHa HaHa
Just trying to add some levity in this difficult time.
Sorry if I insulted anyone.
GLTA
Hi Guys,
Sure great pics on Instagram...……..but sorry to say that just does not give anything of new information about NGW.
"Show Me The Money" time from NGW for everyone invested here.
We need management to step up and give proper information to the public thru an SEC filing and proper public news releases.
They need to talk about real sales numbers. And their current business status. Cash on hand, current sales, customers, status of the permits for their new extraction building, ETC!!
Oh, well possibly NGW cannot since their silence has made a real statement for the company.
I am thinking that my considerable long position in this company stock shares will become a complete loss.
Sorry to say, I do hope that I am wrong
Oh well, to the next play.
Stay safe to everyone. And GLTA!!
Hi Guys,
http://www.priceofweed.com/prices/United-States/California.html
Check out California high weed price avg approx. $258 per oz. x 16 = $4128 per pound.
Who says NGW isn't a cash cow...……..Wow!!
Sitting back and watch the show begin!!
GLTA
Hi Guys,
The reality is that NGW is way under the radar. NGW is a micro, micro cap stock. Total valuation at this price point is under $10,000,000. No one cares and the market is trading like NGW will be going out of business.
Those of us who have follow this story for many months feel differently. We do see some "green shoots" with the last company update, and the current Instagram photos of new product placements. But more product placement/sales and business milestones have to be completed by management to move the markets.
Let's be real here.
We need a couple of quarters of SEC filings earnings reports to make this a real story for the market and investors.
This summer after the filing of the second quarterly report we will/should be trading at a significant gain from todays share price.
The market will pay attention when the company proves that it is getting their product into consistence sales cycle.
Until then it is a wait and see game.
And as for me, I continue to add to my position as $$ allow.
GLTA
Hi Guys,
C2019 please what more could you ask from NGW in this market.
Yes this is common knowledge to most of us, but here it is stated
1. They have the mandate for the California govt to keep production open, and stated that they are in full production
2. Low/no cost ad on Instagram/twitter/web site showcasing new products
3. Closed the retail outlet during the Covid-19 virus to comply to the law and save money.
4. Still supplying customer thru on line sales, and shipping dispensery orders.
5. Improving THC yield to record amounts
6. Awaiting the city/town to file building permits approval for their extraction in house facility building.
The sales numbers will reflex all of this and more in the coming quarters.
For me I (although I do sit with a big loss) am sitting back and adding more to my position of shares as cash allows.
GLTA
Hi Guys,
For those of us old enough to remember, the " Marlboro Man ". Ad for Marlboro cigs from the 60's
He rolled his go to smoke with one hand while riding on his horse.
Something for the youngers to work on for their own entertainment while we all hunker down for the next several weeks.
Some of youz might want to give it a try.
Hi Guys,
HD, correct as usual about the electric company. Hopefully NGW management has some pull thru their town political connection. Hopefully as a new company hiring people to work in a rural town.
On another point, I forgot to mention another important upcoming business sales outlet for NGW. That is their mention that the FADER brand packaging of products would be release in the first quarter 2020.
This sales product should be at least as big if not bigger than Hart Luck brand in my opinion.
See new release December 10, 2019
https://finance.yahoo.com/news/next-green-waves-brand-house-142400504.html
GLTA
Hi Guys,
In my opinion we should see a move up in share price and daily shares traded with the "C of O " issuance for their extraction facility. And the start up of extraction of CBD within this facility. More profits to come!!!
Hopefully by the end of March 2020!!!
GLTA
Hi Guys,
My opinion, and I am glad to stick with it.
NGW is under the radar as a penny stock. I am not worried about the small amount of share traded today. The good news is that they have product that is selling thru on the retail shelf.
For those of us who know retail sales and what a "hot retail product means" this is just the best of news. Wow $20,000 sales in one day. Just terrific!!!! All retail outlets will want to provide shelf space for this product to increase their own retail sales and profit. This will happen very quickly in my experience with other hot retail products.
The public is now reacting with their $$$ and the customers understand the quality that NGW is supplying with the Hart Luck brand.
For me it is just time to sit back and watch this story unfold.
In addition shortly NGW will have its own in house extraction facility. NGW will have the operating certificate shortly from the town. And then the inhouse profit made from CBD extraction products will become very, very important for NGW. Also the news release today cleared up the location of the extraction facility, that it will be located within the NGW complex near the existing indoor grow facility.
And I plan to add it my position as $$ become available.
GLTA
Hi Guys,
Check out Hart Luck web page.
Looking very good here. $$$$$$$
https://hartluckcbd.com/shop-all-cbd/
Hi Guys,
Wow BGP...…...March and Ash selling weed 3.5 grams at $55 selling price
There is 453 grams to the pound...….doing the math
453/3.5 x $55 = $7118 per pound retail
So lets divide by 3 to get selling price per pound for NGW
$2372 per pound.
Can NGW make $$$$ at this price...….
I believe they can.
So we just need to sit back and wait for the real sales result to hit the financial reports for NGW!!!!
One to two reporting periods the price of NGW will change considerably to the upside. IMO
Hi Guys,
Please do not forget that NGW is a penny stock, startup, with no stated financial revenue at this point in time.
NGW partnership with FADER and exclusive FADER packaging was public news in 2019 and stated to begin in the first quarter of 2020.
Also the activation of NGW own extraction and packaging facility. Held up waiting for PS & G final hook up of electric power, and final inspection, then issuance of their C of O.
We should see a nice move when the new sales channel is active, and or start up of the next extraction/packaging facility.
Until then we will remain at these levels. And those of us who have some cash will be wise in my opinion to add or start a position.
GLTA
Hi Guys,
For me the recent twitter info video with Mike has much to say about their business model.
For real they stated now that the harvest cycle is now 10 days vs 14 days.
To me this is huge!!! This equates to a 30% increase in production capacity from their facility!!
And lets not even mention the statement that they increased the density of plants per growing room.
The prior forecast was for 9000 pound of weed per year.
9000 x 130% = 11700 pounds per year. New capacity potential.
At selling price of low range $2500/pound x 11700 = $29,250,000.
Not to mention other products, i.e. clones plantlets, cbd, etc.
I am adding to my position the first chance I get.
This information that I notice today and summarized above has regained my confidence in the decision to invest in NGW!!
GLTA
Hi Guys,
This post on Mikeloudseeds looking very good for pre rolls.
https://www.instagram.com/p/B9ILzIGhRcL/
Look like they have product, now lets see some customers!!!!
Hi Guys,
Todays news...………..are they kidding me. Mostlyold news.
Last November news release stated that they had over one million dollars in inventory. What happened to this inventory!!!!?????
Well what happened...……….crop failure...……..???? Management failure most likely, in my opinion, or both.
1500 pounds stated as produced since starting harvest in September...…….????
Way off their forecast of 9000 pounds per year.
Lost my faith in this management ability to run their business against stated business goals.
And to state that they will be profitable this year...…...wow, that to me is a big stretch. With the current sales effort I just cannot see how this can happen.
We need some major changes in direction for this company in my opinion.
Hi Guys,
No way is Chuck my rep!!!!!!!!!!!!!!!
Hi Guys,
Unfortunate for us all if it is true about the delay in filings.
And sad to say what did if anything the new additional directors help in any way. Except increase cost and add to stock share dilution.
NGWF will be required under law to issue an SEC filings noted as NT 4K.
Sadly for us all.
Hi Guys,
If you look at the six month chart you can see a double bottom at the current trading price ranges.
And with any reasonable sales (up to 4 million $$ my forecast) included we should easily be trading at the next resistance level which is approx. $.15
Any further new or better sales development with take us to trade at or near the next resistance level which is approx. $.18-.19
Those are my best thoughts and I am sticking with it all. And adding to my position when I can.
My thinking is that the quarterly release of numbers will be after the market closes on Monday March 2, 2020. That being said since Feb. 29, 2020 falls on a Saturday.
GLTA