@Maxime now we are trading at around 3x revenu others companies are trading at 7x to 10x revenue, north have 198 millions shares out so at 7x revenues and 50 millions in sales we are looking for 1,75$ per shares and at 10x revenues is 2.50$ per shares , but we need to become profitable and I believe it will , so the potential is here , need patience
Bullish
A
maybe someone who's been doing this longer than me might know this.... after reading what was released by 48North.... how does the stock go down? Not even go up and back down to even but to lose .05 cents.
B
Great corporate update!!
Bullish
B
Have to get through that .23 wall, presumably left behind by the out going CFO
Bullish
R
And we reached a double in 13 days trading days. Not too bad.
A
@Rich let's 🙏 for $15 mil or more.
A
@Rich... your pretty good at estimating.. what do you think the revenue will be at February quarter?
A
let's just hope people that bought low sold to take their profits and now it's long term holders left.
g
Its ok to bash boys but not to lie. 48N is gonna pop and run. They are debt free, used their cash to pay it down. Probably have more cash coming in.... Only company I know in Canada that can grow quality weed at dirt cheap black market prices. This will run hard when the market figures it out. That's all the DD I am giving out as I am still buying more.
R
Does 48 north supply any product to Tokyo smoke ?
s
Share prices are seriously undervalued!
Bullish
A
I would love for them to leak what they estimate revenue might be at.... lol
A
there's always tomorrow boys and girls.
B
Still lots of room people. This one should be .30-.35 by earnings
Bullish
R
Interesting video with Norths partner Fume Labs. Worth a watch if you have time.
B
I think anyone with an average under .20 will do quite well on this one in the next 6 months