Replies to post #9 on Village Farms Intl Inc (VFF)

[TheMonolith]

Now That's a Switch: Longtime Tomato Grower to Fill Greenhouse With Weed

https://www.thestreet.com/story/14247169/1/now-that-s-a-switch-longtime-tomato-grower-to-fill-greenhouse-with-weed.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

[nowwhat2]

Reported on November 13th :


Incredible company which showed up on my radar about 4 months ago....

Unfortunately however, it slipped off that radar, hence I have missed this whole move.

What I don't understand tho is why it's taken MARIJUANA for this company's share price to achieve a return.....


Haven't they been profitably farming just vegetables ?


I have not looked at their books at all yet (because I'm so horrible as an accountant).....


From what I've seen thus far, their PE's up around 50 !


Why's such a large company trade only on the Cdn Venture and OTCBB exchanges ?


I'll go do some research....


Ok I'm back - Trades on Toronto - Symbol VFF


Reported on November 13th :

Highlights for the Third Quarter of 2017:

Sales increased 6% to $44.7 million from $42.0 million for the third quarter of 2016;

EBITDA increased by 78% to $1.0 million from $0.5 million for the third quarter of 2016;
and,

Net income (loss) was $0.3 million, or $0.01 per share, compared with a net (loss) of ($1.4
million), or ($0.04) per share, for the third quarter of 2016.



LoL - aside from Revenues ? - Them's seem like some fairly crappy numbers