InvestorsHub Logo
Followers 3
Posts 382
Boards Moderated 0
Alias Born 01/24/2018

Re: 53man post# 27720

Monday, 10/15/2018 9:18:44 PM

Monday, October 15, 2018 9:18:44 PM

Post# of 70335
Lots of conduits to increased PPS, its true. I thought we'd hit low to mid 8"s last week but it held strong in the 9's. So, I think it will drop on Wednesday. I hope I'm wrong again, but I suspect sell on news may come into play.

Still, did everyone catch by the end of 2019 ACB expect to produce 500k kilo's or 500 million grams annually. The best I can get the profit per gram (under a buck to produce for them which is an industry leader I think)is somewhere around $9.00, although oils, medicinal, etc. have higher margins (even in the high teens in Euro's for some of the product). Conservatively lets say the average is around $10.00 a gram. Think about that? 5 billion profit just from the POT. Add hemp, drink, edibles, etc. and there is no reason this company couldn't be sitting on 7-9 billion a year profits in a very short horizon.

Take an average 10x earnings and it might not be unreasonable to see $80-$100 PPS by mid to late 2020. Take the current climate and recent runs perhaps I will be way wrong on Wednesday and ACB will see a TLRY charge because anyone who looks can see this story, imo.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ACB News