Friday, November 13, 2020 11:14:48 AM
Using the lowest reasonable PE ratio = .16 X 10 PE RATIO = $16 per share right now.
It is fair valued right now at $16 per share.
The problem is that 95% of the retails investors in Canadian MJ may be BRAIN dead. Im guessing we suffering a bit of the overhang I mentioned yesterday.
If consistent with the past 22 months, VFF usually rises over the next week on their fantastic mostly IGNORED accomplishments.
MIKE has to do something to GET MARKET INTEREST and INSTUTIONAL/ETF exposure. I understand he is very conservative but this SECTOR IS LOADED WITH BRAIN DEAD. Read a bear or any short post and you realize truly how brain dead some are. SAD IMHO.
GO VFF best Canadian MJ company by a MILE. Fantastic results, great call and we even suffered the one time 1.4M distillate write off. Lots of good nuggets IMHO in the conference call.
I would love to buy a ton more but I am pretty much tapped out.
Recent VFF News
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