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I still believe the investment public is unaware of the upside left here, I base this off RLX’s wild valuation
New Highs, when this trades millions in volume is day it will fly
Based on RLX valuation we should be able to get to NASDAQ price requirements of $3-$4 no problem here as investors see the potential and the company delivers more news, filings or projections ...no R/S needed IMHO.
Yummy! Lots more coming IMHO
.96/.98 dollar coming woohoo! Just the start, I can see multi-dollars on this one!
Slapping .82’s
Just need the “whales” to see the discrepancy and Booom! go $KAVL
RLX is open 23.32/24.58 —- Buckle up boys and girls!! Spread the word about KAVL and how it’s grossly undervalued
RLX indicated at $22/share wow!!
Operating under the RELX brand, the company boasts a 62.6% market share in China for closed-system e-vapor products in terms of retail sales. The company has partnered with 110 authorized distributors to supply its products to over 5,000 RELX Branded Partner Stores, and over 100,000 other retail outlets nationwide, covering over 250 cities in China. Revenue nearly doubled in the nine months ended September 30, 2020 to $324 million, with net income of $16 million.
KAVL could do $400-$450 million this year, those #’s are legitimately comparable...
My questions to everyone are... Should RLX trade at a value of 90x higher? How undervalued is KAVL?
I can’t bang the table harder, do the math... 202m cap for KAVL and 18.6b for RLX is 1:92 ratio... their sales # are closer than you think. Yeah China has a bigger market, no doubt, but KAVL could easily be 1/10th of their size/valuation... that means 900-1000% gains puts us at that ratio. Now what if RLX climbs to $17-$20 first day... it just blows that ratio up more. Heck, everyone loves a 100% winner... that would still only put KAVL at $1.50 and 1/50th of RLX... to get to NASDAQ requirements they’d still be 1/20th the size of RLX value wise... yet RLX is doing only 2x the revs??
Chinese e-cigarette maker RLX Technology Inc. has priced its U.S. initial public offering above a marketed range at $12 a share, according to a person familiar with the information and asked not to be identified because it wasn’t public yet.
RLX Technology will raise $1.4 billion based on the 116.5 million American depositary shares it had marketed. The company, backed by Sequoia Capital China, had targeted a share price or $8 to $10 each.
A representative for the company didn’t immediately respond to a request for comment.
The IPO is being led by Citigroup Inc. and China Renaissance Holdings Ltd. The company’s ADS, each representing one ordinary share, are expected to begin trading Friday on the New York Stock Exchange under the symbol RLX.
The pricing of the IPO was reported earlier by GlobalCapital.
The IPO, the first major U.S. listing this year by a China-based company, signals continuing investor demand, even as deteriorating U.S.-China relations saw the NYSE earlier this month delist three Chinese telecommunications firms blacklisted in December in an executive order by then-U.S. President Donald Trump.
The sparring between Washington and Beijing is set to broadly limit Chinese companies’ access to U.S. capital markets, after President Trump signed a law last year that could lead to them being kicked off U.S. exchanges if American regulators can’t vet their audit papers.
Still, the long-trailed moves appeared to have little discernible effect on Chinese companies’ thirst for U.S. capital.
Almost $15 billion was raised by Chinese IPOs on U.S. exchanges in 2020, the second-most on record, according to data compiled by Bloomberg. Many of those deals were either increased in size or priced above their marketed ranges following overwhelming demand from investors.
RLX, founded in 2018, is China’s largest e-cigarette maker with 62.6% of the country’s market, according to a report by China Insights Consultancy cited in the company’s IPO prospectus.
Known for its RELX-branded devices, the company’s products are available in at least 13 countries including Canada, the U.K., Indonesia, New Zealand and South Korea, its website shows.
The vaping industry has boomed in China even as the country banned online sales of e-cigarettes just over a year ago. China has joined other countries globally in putting pressure on vaping amid concerns about its potential health effects.
China is the world’s largest potential vaping market, with an estimated 286.7 million adult smokers in 2019, RLX said in its prospectus. But vaping products only have a 1.2% penetration rate, compared with 32.4% in the U.S.
Another Chinese e-cigarette maker, Smoore International Holdings Ltd., listed in Hong Kong last year and has soared over 500% from its offer price.
RLX shares sold at $12, starts trading tomorrow, smart investors will hopefully find $KAVL and see how it’s undervalued. READ-> https://www.bloomberg.com/news/articles/2021-01-21/chinese-vaping-firm-rlx-is-said-to-price-u-s-ipo-above-range
I see news RLX raised $1.4B, $200 mil more than the anticipated $1.17B... all very positive for the industry and should spill over into $KAVL
Don’t forget if RLX gets a $14B valuation, then there will be plenty of room for $KAVL to get to $3-4/share. With a cap of $200M at .78 range, $3.90/share is a $1B valuation for KAVL and that would be 1/14th the cap of $RLX and Kaival Brands is doing maybe 1/2 the #s RLX is doing. I don’t see a reverse split coming.
CEO Charles Arnold Bio from StemTech business (another company he must run) is impressive! I’m excited to see what he delivers for CWNR
Mr. Arnold’s ability to integrate marketing concepts and financial strategies play a pivotal role in the development of his clients’ businesses. In addition to developing start-up companies, he is responsible for placing more than $1 Billion into public companies with as much as $400 Million in a single transaction. Significant mergers and acquisitions have been accomplished through his network of financial specialists and professionals throughout the world. In 1993 Mr. Arnold was one of the original investors in pre-paid legal “PPD” (now Legal Shield). In 2001 he was engaged by National Health “LEXXUS” the company grew from under $1.00 to over $40. Traded on the American stock exchange.
$RLX ipo priced after close. Will they raise $1.2B and have a $14B valuation? Crazy... KAVL #s are very comparable and the big board ipo players are going to love this secondary play trading at multiples far less. Dollars should be coming IMHO ohhh and financials due the 27th? Another catalyst
$CEXPF top gold play in this article! https://insiderfinancial.com/investors-transitioning-into-gold-stocks-and-crypto-as-us-debt-spirals-out-of-control/180864/
Traded the float already this morning? 90k may be inaccurate unless MM’s are playing games. Need to eat through these .154’s and .18’s
Trading nicely today, would love to break .20
Great article on $BNOW ...low floater and Covid play. https://insiderfinancial.com/low-floater-boon-industries-otcmkts-bnow-breaks-silence-with-mega-projections-and-covid-19-product-launch/180856/
$NUGS mentioned in MJ article on Georgia Vote https://insiderfinancial.com/georgia-vote-could-tip-scales-in-cannabis-legalization-top-mj-stocks-to-watch/180811/
$LVRLF best of both worlds? MJ stocks all eyes on Georgia VOTE https://insiderfinancial.com/georgia-vote-could-tip-scales-in-cannabis-legalization-top-mj-stocks-to-watch/180811/
$PZOO mentioned in the article about MJ stocks to watch! https://insiderfinancial.com/georgia-vote-could-tip-scales-in-cannabis-legalization-top-mj-stocks-to-watch/180811/
NICE! $EXMT mentioned in this article! https://insiderfinancial.com/georgia-vote-could-tip-scales-in-cannabis-legalization-top-mj-stocks-to-watch/180811/
Agree, chart is climbing and OTC markets has the float under 100k, can move in a hurry. They changed ticker, are current, obviously something is in the works. We all have to watch for news or filings. IMHO
Saw the article on Insider Financial, low float and rocking. Timing is perfect for their product. 2020 sucks!
$LVRLF chart shows a new leg starting, news Tuesday, article out https://insiderfinancial.com/cordovacann-otcmkts-lvrlf-expanding-cannabis-business-loi-for-licensing-in-manitoba-canada/180690/
Great article on CordovaCann
$GRIL News Article: Online Meal Plan Delivery Platform https://insiderfinancial.com/muscle-maker-grill-nasdaq-gril-to-put-their-meal-plan-program-on-steroids-launches-online-meal-plan-delivery-platform/180675/
Listened to video and it dawned on me that there are 1.0 billion+ users between China Mobile and China Unicom. This is going to be a massive company. Look at Palantir (PLTR) they do big data aggregation and other services and are losing $600 million per year yet they have a $740 million market cap.
FingerMotion is a combination of all these big data companies like SNOW, SPLK, CTSH, PLTR. They don’t have to aggregate data and all the data they have is a complete picture of that person habits and movements for the day. No one has this level of accurate data. Algorithms interpret but complete and direct access is HUGE.
This stock is so ridiculously undervalued. They also have to be close to an exchange listing. It looks like profitability is just around the corner too.
1 million shares on offer and this is back at .005, offer and supply is thinning imo
This stock has gone to .001 3x this past year, it’s due! With it going current, let’s hope it’s time for #4
Great Update, we have a winner here. New CEO in, old management out... possible merger confirmed and hinted. Holding for pennie$ here!