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Y’all are playing small-ball. Consider this. We gain a small piece of the market- let’s say 5 billion in revenues. Let’s say further our margins are only 25% so earnings are $1.25 billion. Over $100 million shares that’s $12.50/share. Now give us a P/E of 30. Pps is $350/share. In no way impossible. And my kids get to retire.
~yanqui
Still long here.
So - I have my six figure position in lwlg. I’m now looking to build a hedge position. If lwlg doesn’t own the optical transceiver market, who would you bet on? Ayer, Rockley and Cello aren’t public. Poet? Inphi? Others?
If there are competitors, they aren’t presenting at the international conferences. I’d also say that additional actors in this space would just solidify the use of polymers as a solution. Plenty of room for a couple players in this vast arena.
“I was in the pool ... I was in the pool!”
Meghan, you are delightful.
~yanqui
Gotcha. Thx.
You may be reading too much into this. Were any of the included presentations by presenters who were shut out by the live streaming problems or were the 6 hours just of the remaining presenters who were able to present live after the difficulties were resolved?
~yanqui
That was unnecessarily rude. We’re in this together.
Thanks for sharing your thoughts. Appreciate it.
That’s rude. It may be true but you don’t know that.
He hinted at knowing things he shouldn’t know. I get that. But he was a gentleman while here and there’s no story you can tell about how he profited inappropriately by his words. So far, he’s been spot on, to be honest.
Let’s not tear down people without cause. I’m so many ways, that cheapens us all.
~yanqui
We don’t want an announcement when the market is closed.
Congrats futrcash! A good start on an early retirement perhaps. GLTA
Anything under $3.
There are 12 BILLION shares outstanding. To hit $25, this company would have to exceed the market cap of Exxon Mobil or Bank of America. Best of luck to you with that.
Power REIT Acquires Greenhouse Cannabis Cultivation Facility in Highly Accretive Transaction
2/4/21, 7:16 AM
Old Bethpage, New York, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has acquired a 37,000 square foot state-of-the art greenhouse cannabis cultivation facility located in Riverside County, California (the “Property”) through a wholly owned subsidiary (“PropCo”) for $7.685 million. Power REIT funded the transaction using $2.685 million of cash on hand and the issuance of 192,308 shares of Power REIT’s Series A Preferred Stock (NYSE American ticker: PW.PRA), which had a closing price of $26.00 per share on February 2, 2021.
The property is leased to Canndescent (“Canndescent”), the #1 selling flower brand for luxury cannabis, with over 50% store penetration in California. Canndescent offers ultra-premium products grown through a proprietary cultivation process. The lease provides straight-line annual rent of approximately $1,074,000 which represents an unleveraged CORE FFO yield to the Common Shares of Power REIT of greater than 26%. The transaction increases Power REIT’s CORE FFO on a run rate basis by approximately $0.21 per share relative to the prior run rate guidance. This increase in CORE FFO is based on using proceeds from the pending Rights Offering that Power REIT is conducting in order to fund the acquisition. Accordingly, such calculation is based on adding approximately 101,000 common shares in order to provide an indication of the pro-forma impact from the acquisition.
David Lesser, Power REIT’s Chairman and CEO, commented, “This transaction demonstrates Power REIT’s ability to source and close accretive real estate acquisitions that we believe should result in the creation of significant shareholder value. This acquisition expands our national footprint into the California market, which is the largest cannabis market in the United States. The acquisition provides attractive valuation metrics including a discount to replacement cost and a lower price than recent comparable property sales in the market. We are also pleased to establish a relationship with Canndescent which is a sophisticated cannabis operator with premier brands and significant customer loyalty.”
Adrian Sedlin, Founder and CEO of Canndescent, commented, “We are excited to partner with Power REIT and are already exploring additional pipeline and business opportunities that could be mutually beneficial to us and Power REIT as we both continue to expand our respective businesses.”
Mr. Lesser concluded, “In addition, we believe that our previously announced Rights Offering is a very investor friendly component of our capital plan that should allow shareholders the opportunity to participate in our immediate growth plans. As previously announced, we have extended the closing on the Rights Offering to February 5, 2021. This was in response to the significant interest we have received and to allow as many shareholders as possible to participate. We are optimistic about our acquisition pipeline and hope to announce additional acquisitions in the near future.”
UPDATED INVESTOR PRESENTATION
Power REIT has posted an updated investor presentation which is available using the following link: https://www.pwreit.com/investors
Today’s pr on 2020 and projected 2021 revenues listed them '' as on the CSE.
~yanqui
H*ll, if this hits $100, I’ll join you as well! I’ll pick up the appetizers. ??
Great news. Thx for sharing.
Congrats!! Great news - so happy for you all.
~yanqui
I did the same, F2. Added at $1.87 alas. Too impatient but I wanted a modest increase to get to 6 figures which has been my goal. I’m finally there. Still averaged below $1. I feel this pullback is very healthy and provides more stability for future pps moves.
May the light be with us....
I think Lebby answered this some time back. As I recall, he suggested that they could manage production if they begin with a series of small deals - but that they’d need to partner if large deals emerged early on as they don’t have that level of capacity at present.
Does that sound right to the room?
~yanqui
Shall we?
More eyes all the time. We are #16 on Most Read boards today.
~yanqui
Boom! I bow to you, sir. Well done.
~ yanqui
We should hit some serious resistance at $1.86, our 5-year high. If we plow through that, look out!
But I’m expecting some pull back at that point - which actually would be healthy.
~yanqui
Our pps rise is relentless! We’re now reaching for our 5 year ath. ($1.86). Some serious money taking bets. So very exciting to watch. '
Possibilities are mind-blowing indeed. That said, be careful to differentiate sales from earnings. 10x sales isn’t going to happen. However, 40x earnings could happen.
You called it!
How much is ‘direct drive’ tied to our polymer v driverless. Could these 30% direct drive savings be achieved by other companies?
Thanks Steve. But it’s fair to say that significant energy savings only follows driverless, yes?
We are 34th on the breakout boards list. We “are” getting increased attention....
Steve,
What does that link say? I see references to Spectra7 but the rest is in Chinese.
~yanqui
Is this (granting the board options) an annual event- or does it suggest something may have changed?
Good to hear. Hopefully a full recovery soon.
~yanqui
Looks like that “million shares traded” day has arrived- or will have by day’s end.
~yanqui
Over 700,000 shares. So far. Far from falling off, interest in LWLG appears to be accelerating.
Same odds as him surviving as CEO , imo.
~yanqui
Now that’s some DD. Thank you, Sir!