Hi Guys,
Thanks Buhlz just trying to help and share my years of investing
knowledge.
But further to the NGW story. We all know the business growth
over the last year. From almost nothing to much of something.
NGW is funding their own expansion without share issuance and
taking on debt!!! To me this is huge!.
They are running their business with planning, sense and
execution of stated goals. This is what we all want to see long
about the valuations and the stock price swings. Yes this is to
be expected within the OTC market. But NGW is running its
business like the major profitable company that they are becoming.
Just for reference NGW is very, very under valued at these levels.
Just for example TLRY reported earning last night. They reported
EBITDA of $2.2 Million on quarterly revenue of $41.2 million.
WOW, this just great huh,? NGW reported EBITDA of $1,000,000 on
revenue of $1,600,000 for January 2021. Go figure the under
valuations for NGW.
It even gets better!!
TLRY P/S 17 X
NGW P/S = 170,000,000 x $.65 = $110,500,000/$20,000,000 = 5.5 X
Sure NGW trades on the OTC pinks and does not have Wall Street
investment coverage. And NGW is mostly un know to the investment
community.
But in my somewhat informed opinion this will all change in 2021.
As NGW keeps meeting their business objective, the share price
will take care of itself.
Buying more as funds become available.
GLTA
