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Forgot to mention Bidi pouch will be great addition for revenues next year.
Welcome back my dear friend, TraderGreen:)
lol. I agree Daiello. But at least we received some comments from top management regarding share price and valuations that should boost existing and potential share holder's morale.
I totally agree regarding net margins. I think it would have been better to list & invest in Bidi Vapor instead of KAVL(if that was an option). In this case, most of the margins are retained by Bidi Vapor. I would assume.
@ Daiello. Got it.
Alao.Read thru this statement. He's so correct :
When discussing the current market capitalization versus current revenue, Patel stated, "We believe given our revenue and growth profile that our market capitalization represents a lack of appreciation and understanding of Kavial Brands and the Bidi Vapor brand in the public market. We are taking steps to remedy what we perceive as a profound mismatch and will continue to update the investor community of significant developments."
With 100M revenues in first year, we are sitting at market cap of approx 100M. Does it make sense? Not at all.
How did u arrive to a figure of 1.25 M/day?
Youtube request : I think if anyone on this board knows any Youtuber, that can promote this stock, that will be great.
I am personally trying to get in touch with few youtubers. We should help the company to get more coverage.
Youtube is a great medium to promote unknown high potential stocks these days.Look what happened to very very good food company(VRYYF), when it got promoted on Youtube. Stock jumped from 1.5$ to 5.70$ in 3 months.
Q2 was 22.5 million. So, November alone is higher than 22 million. But, can be because of Promotion in October. But, will see. Then also the growth is astounding.
I am sure :
1)This year should be 100 million$ revenues.
2)Next year with addition of Cirkle K and 7 eleven onboarding + UK operations, this should easily achieve 400 millioin$. I am sure management is working out deals with other partners for sales.
Hats off to Niraj, Eric & Todd on delivering the promise. That should also reflect on share price
Also, for everyone's benefit, just sharing few updates from today's zoom meeting that I attended. Todd answered all the queries in detail and very politely. Great guy.
1) I raised the question about 7 eleven update in today's meeting and we just got an update. lol.
2) regarding UK Operation, they received all necessary approvals to start business and are seeking business partners to start distributing Bidi Vapor products
3) Regarding PMTA Approval, they are confident they will get PMTA Approval. But, not anytime soon as FDA is busy reviewing covid drugs and testing Kit.
Thank you! Was there
Can you share the LinkedIn link here
You can share the zoom link here
From last few weeks, it appears that there has been a genuine buying with someone buying large chunk of shares between .30 to .40 range. I think the selling pressure on this one is about to end. This will consolidate in this range and only move up from here.
Agreed Daiello. Let's see what's in store for the Q. Looks great although I don't want to create a hype here like last Q. But looking at the Nielsen report and the pre-October order promotions. Looks this Q will provide good upside to Gross and Net both. Though we'll have to see the net, as the company is spending lot in promotions and building distribution network.
I think that's a very valid question, but have been buzzing my mind too. I guess this numbers should be a combination of pandemic induced orders stock up by distributors /retailers or maybe because of orders related to 7 eleven contract. I don't mind if orders increased because of Covid, because it will quickly increase the visibility of the brand. Only thing that is intriguing is why company is not press releasing 7 eleven contract? Yes, but to answer your question it can be combination of factors. I hope it is more of genuine demand rather than Pandemic specific stock up. We will get more clarity around filings.
I came across a share from someone from the QuickfillRx team, that the Bidi pouch will start delivery starting Jan 2021.
As I said in one of my post yesterday, the rally was just an attempt to raise the share price and start selling again. The same has started today. The best way to counter this is to stop buying at these levels and counter their strategy. Make them do something different. I know many would disagree, but I have a good grasp of the share price manipulation, which is happening in this one right now. Dont fall in this trap, if you are short term investor. If you are long term, these prices are cheap.
Just think about this "on wonderful news the share price does not move, but on an had hoc day moves 40%". Does it make sense?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159400982
It only moves up when bids keep on inching up. Bids moving down is not a good indication.
It appears their UK operations has officially commenced.
https://mobile.twitter.com/bidivapor_uk/status/1326208261561995267?s=19
I hope it happens and keeps on going up
Majority of the people now have average above .50 or .60. That's why not very excited. But, nice to see a small uptick also.
I am less bullish this time around. This appears to be an attempt to raise the shares to an extent they can start selling again. This I see will be a repetition of rally that happened in between from .30 to .70. just to raise share price short term and start selling again. I will be happy to be proved wrong.
Nasdaq Listing. Can anyone who knows or have done some research on Nasdaq listing know the criteria and by when if at all this can qualify for Nasdaq listing and what KAVL need to achieve before going to Nasdaq ?
Agreed Daiello. But, the management should at least provide a statement on unrestricted shares and they are not, which is surprising. It is not helping investor's confidence. Also, This share cannot take huge volumes on any day. Remember when we went upto .70 in between. Someone sold 55,000 shares at market and the price fell down to .50 in seconds. Those who are selling know, the slow and steady sell on this one will work and not heavy volumes, which can take the price down to below .10 in one day specifically y when this one is into bear territory. From what I have observed slow and steady sell has been happening on this one from even before september.
I know daiello got a reply from Investors relations that this is not a pump & dump company. But, looking at the charts and what has happened in last 6-7 months. The charts are similar to pump & dump plus the promoter is so active on social media, but does not have time to clarify on newly added unrestricted shares, which raises more concern.
Just for some positivity. If some had invested 100k one year back in NIO, it's worth 2.2 million today. Point to be noted in the previous year post IPO it was down by 70%. So, one year of stock performance can change everything. Pardon me this is off topic, but just shared for some motivation for this group.
BTI, PM , MO & TPB. All up by approx 5 % today. All cannabis have been up by 70 to 80% in last 1 week. Let's see what happens to this one today.
Will exit around 45 on achieving Citibank target
Thanks for the information. I was not aware about details. It's just I am disappointed with myself for not doing EDD to buy at right price. I have no doubt in fundamentals only bit just disappointed with price in short term. Thanks for the details again.
I know Daiello. Nothing against anyone or you personally. I am sure everyone on this board wants the company to do well including me. I was just getting confused by statements like O/S not increased. This shares were always part of O/S. It's just that they were part of R/S. But, it just came as a shocker because I thought all R/S were with management and can't be converted till 2023. Maybe I missed on my EDD before buying this. Anyways I would have bought this. But, maybe would have waited for the right price. Hope this turns out to be well. Thanks anyways for responding.
Also,someone made a genuine point that if the company genuinely thinks about increasing share holders value. They should atleast release a statement of not knowing these so called "old shares" to avoid panic among current share holders. My apologies if my words are harsh here. But, I am trying to connect the dots and dots are missing here.
So, do you mean if old share holders convert the restricted to unrestricted, it is outside the O/S, it does n't make sense to me or say for example your shares. Are they Outside of O/S if you hold it from old company? To my knowledge, O/S should comprise of all the shares old or new restricted, unrestricted ? Because they are issued to someone. If that is the case then we don't know how much more shares the old insiders own and they will keep on hitting the market. Who cares about the current share structure then? Personally I feel the company might have known about this because they always talk about increasing share holder value. Because I as a shareholder feel cheated, as I bought shares based on the share structure in front of me and not what may be hidden and keeps on coming. If we talk about the current 12 million shares considering around 100k daily volume(business day) will take around 4.5 months to wipe them out and we are not considering sell from other shareholders here. If we do it will take more than 6-7 months. Who knows ? Also where were this old share holders when the shares went to .70 in between. It kept on going up for a week. I think they were on vacation:)
I atleast see price of $500 in five years.
I am glad I bought at 16
Hey Daiello. Out of curiosity, do you have proof the shares are sold by old insiders? Or it's just an assumption.
Quite possible..
I don't want to be a spoiler here. But, I think some one had posted a link from Bidi vapor's website about 50% Profit and 7 eleven news. The link is not working now.
https://bidivapor.com/bidi-stick-pre-orders-available-this-october/
Maybe the company realised they should be posted through appropriate channels and at right time. Time will tell the story.
Agreed. I just check the messages at the end of the day. Want to focus more on work
Lol.