Followers | 6588 |
Posts | 448624 |
Boards Moderated | 13 |
Alias Born | 11/09/2000 |
Wednesday, May 27, 2020 5:41:25 PM
Share structure: 23M float, 572,364,574 outstanding no convertible notes
https://www.otcmarkets.com/stock/KAVL/profile
On 3/9/20: Kaival Brands Innovations Group, Inc enters into exclusive distribution agreement with Bidi Vapor, LLC with website: https://bidivapor.com/
https://www.otcmarkets.com/stock/KAVL/news/story?e&id=1549447
On 4/6/20: KAIVAL BRANDS ENTERS INTO NON-EXCLUSIVE SUB-DISTRIBUTION AGREEMENT WITH MINIMUM PURCHASE OBLIGATIONS
https://www.otcmarkets.com/stock/KAVL/news/story?e&id=1569208
On 4/13/20: Kaival Brands Enters Into a Second Non-Exclusive Sub-Distribution Agreement With Minimum Purchase Obligations (Favs Business, LLC)
https://www.otcmarkets.com/stock/KAVL/news/story?e&id=1573917
On 5/27/20:
10Q out with huge numbers! $22M in revs, qtr profits of $4.2M ending 4/30 wowsa, potential for uplisting at some pt.
10Q:
https://www.otcmarkets.com/filing/html?id=14178088&guid=KcjHUHExvfcCh3h
PR explaining results:
Kaival Brands Accelerates Growth with Bidi™ Vapor Partnership
Generates Revenues of Approximately $22.5 million for the first half of fiscal 2020
https://www.otcmarkets.com/stock/KAVL/news/story?e&id=1612302
More analysis:
We earned $.0049 per share.
A normal PE ratio for established LARGE corporations is 15-20x ANNUAL EARNINGS.
If we assume the same net income for the next four quarters, we will be at an EPS of $0.02.
$0.02 * 15x P/E = $0.30
$0.02 * 20x P/E = $0.40
Considering this was only 2 months, we could see as high as a $0.03 EPS, moving the share price to $0.45 - $0.60.
Keep in mind, this estimate is at a 0% growth. If they grow at all, even a small 10%, this numbers will increase very quickly.
Recent KAVL News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/20/2024 09:01:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/20/2024 10:14:52 AM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 09/16/2024 08:30:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/12/2024 09:00:54 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 07/18/2024 09:36:58 PM
- Kaival Brands Announces Closing of $6.0 Million Public Offering • GlobeNewswire Inc. • 06/24/2024 08:05:00 PM
- Kaival Brands Announces Pricing of $6.0 Million Public Offering • GlobeNewswire Inc. • 06/21/2024 01:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/18/2024 09:14:19 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 06/14/2024 08:05:23 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 06/13/2024 04:15:37 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/29/2024 09:20:56 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/20/2024 12:48:50 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 05/14/2024 09:05:00 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/14/2024 08:58:47 PM
- Kaival Brands Reports Fiscal 2024 First Quarter Financial Results and Provides Business Update • GlobeNewswire Inc. • 03/27/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 10:15:33 PM
- Kaival Brands Provides Business Update in Letter to Shareholders • GlobeNewswire Inc. • 02/14/2024 09:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/12/2024 10:15:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/08/2024 09:54:48 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 01/29/2024 10:10:18 PM
- Kaival Brands Partner Bidi Vapor to Contest FDA Denial of ‘Classic’ Tobacco-Flavored ENDS • GlobeNewswire Inc. • 01/29/2024 01:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/26/2024 10:14:06 PM
- Kaival Brands Innovations Group Announces Reverse Stock Split • GlobeNewswire Inc. • 01/23/2024 01:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/22/2024 02:00:20 PM
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