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  1. #261
    Legend peat's Avatar
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    oh come on you guys they just doubled forecast

    (I'd certainly rather have one off valuation adds than negative extraordinarys)
    For clarity, nothing I say is advice....

  2. #262
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    https://www.nzx.com/announcements/342252
    "The company recently purchased a 26-hectare greenfield site overlooking Lake Taupo to house its new facility, which is targeted to enter production in 2020 with an initial annual scaled production capacity of circa 17,000kg of dried flower for processing. SETEK recently acquired a cannabis genetics company and a horticultural LED lighting company,and seeks to become one of the world’s first carbon neutral indoor cannabis operators."

    !7000 kg @ say $5000 a kg = $85,000,000. $5 a gram retail . How many grams will a person need in a dose?
    17,000 kg @ $7500 a kg =$127,500,000
    17000 kg @ $10,000 a kg= $170,000,000

    With LED lighting what 3 crops a year? makes it $255 to $510 mill in sales.

    Still if the referendum for marijuana use passes people will be able to grow it themselves with free sun , soil and water.
    Last edited by Joshuatree; 04-11-2019 at 01:21 PM.

  3. #263
    Legend peat's Avatar
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    Quote Originally Posted by Joshuatree View Post

    production capacity of circa 17,000kg of dried flower


    That's a lot of heads!



    Quote Originally Posted by Joshuatree View Post

    Still if the referendum for marijuana use passes people will be able to grow it themselves with free sun , soil and water.


    Here's hoping
    For clarity, nothing I say is advice....

  4. #264
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    Yes but there will be alot of "Reefer Madness" misinformation going on which needs to be dispelled, the facts are all out there. amongst the spinners.

    Cann group in aus are building a $130 mill 34,000 sq m greenhouse facility to produce 70,000 kg of dried flowerheads annually fetching $220 t0 $280 mill on current prices =A$ 3143 to $4000 a kg.

  5. #265
    Legend peat's Avatar
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    I'm seeing AFT operate more as the gatekeeper for the true cannabis producers in the sense that it helps them jump all the regulatory hurdles rather than growing plant material themselves.
    Not that I know how they see it themselves just thinking out loud.
    For clarity, nothing I say is advice....

  6. #266
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    Quote Originally Posted by peat View Post
    I'm seeing AFT operate more as the gatekeeper for the true cannabis producers in the sense that it helps them jump all the regulatory hurdles rather than growing plant material themselves.
    Not that I know how they see it themselves just thinking out loud.
    Correct. They are distribution agent and guard their position vis a vis regulatory outfits with extreme caution and professionally high standards.. Disclosure: Holder.

  7. #267
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    Jeez only a small percentage of a US$1billion market is BIG for AFT

    Can’t seem to do anything wrong these days

    http://nzx-prod-s7fsd7f98s.s3-websit...395/311993.pdf
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #268
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    Quote Originally Posted by winner69 View Post
    Jeez only a small percentage of a US$1billion market is BIG for AFT

    Can’t seem to do anything wrong these days

    http://nzx-prod-s7fsd7f98s.s3-websit...395/311993.pdf
    share price pretty cheap really they say... Mr Market not only putting a value of $0 on the medical cannabis potential, but also not factoring in fantastic growth opportunities like this, all whist a NPAT is on the way, and operating cash flows are skyrocketing...

  9. #269
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    Quote Originally Posted by winner69 View Post
    Jeez only a small percentage of a US$1billion market is BIG for AFT

    Can’t seem to do anything wrong these days

    http://nzx-prod-s7fsd7f98s.s3-websit...395/311993.pdf
    I'm not really a fan of using the whole market as a valid statistic though, I've noticed Pushpay and other companies using it to hype things up

    Just coz I sell some thing there is a lot of demand for doesn't mean people are going to buy mine.

    However the steady ongoing achievement of leaping over regulatory hurdles in many different part of the global market are what provides AFT with great potential in the future there is no denying that.
    For clarity, nothing I say is advice....

  10. #270
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    https://www.nzx.com/announcements/344670

    wow NPAT (even without the one off gain) bigly revenue rise as well... Wow, great stuff all round.

    All of a sudden AFT probably on a PE of 13 this financial year... cheap for a company growing revenues and profits by dozens of percent.
    Last edited by trader_jackson; 21-11-2019 at 08:58 AM.

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