InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register account icon
S&P 500
5,526.04
(
-0.33%
)
US TECH 100
19,161.04
(
-0.10%
)
Dow Jones
40,306.98
(
-0.88%
)
Brent Oil
83.56
(
-0.62%
)
Bitcoin
65,733.55
(
2.76%
)
Post# of 120672
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

justhefax

Send PM Follow Ignore
Followers 48
Posts 5475
Boards Moderated 0
Alias Born 01/19/2014

justhefax

Re: None

Saturday, 06/29/2024 3:15:56 AM

Saturday, June 29, 2024 3:15:56 AM

Post# of 120672
Curious consideration -

They reported 3+ mm revs last qtr. That was w/o Kona hemp or cbd bevs contributing.

The forecast was for 12mm eoy. This likely assumed contributions from now delayed thc bev launch.

Lets say 10 mm revised. Note- they should update.

Lets assume OS at 3.5 bil

One conservative value metric is 1-1 to revs.

That could suggest .0028 value as a baseline for growth forward.

If they can show dilution under control, and get Kona Hemp/cbd and Thc bevs out, plus bring light to Covert plans and forecast (no pun intended) then a path to 25/35 mm cap is not unreasonable... which is .01 on the high side.

Be nice if new team can turn this around!
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent KGKG News
More KGKG News
InvestorsHub NewsWire

Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM

VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM

North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM

Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM

Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM

Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM

Start posting your company's news
Only $200 per official company press release!