Posted On: 07/17/2014 11:22:01 AM
Post# of 56324
Re: DesmondFargo #33094
Giving you love here and on Facebook. The second was far more engaging.
1. I appreciate you dumbing things down a bit. My eyes glossed over a bit during your pe section, but it's necessary to explain to some. So good job.
2. I liked your numbers. They are 100% conservative, and you progressively lessened them during your valuation. Good job.
3. Great job on assuming the MMJ total per grow/per year.
4. I'm not sure about your 40% assumption, like AB. To me, it's offset by your lowball earnings expectations though.
5. My only beef. Ok, that's a stretch...I understand your valuation is only on EPS/PE. I think the assets are more telling. If FITX held a 1.3M lb license, the buyout price is insane. I think that alone is worth $1.50-$2.00 pps. It would be damn hard to do either earnings or assets because they're both kind of unknown.
6. One more last second beef that AB pointed out. We need to figure out the 25% owed to the private investor. I thought it was for the entirety of site 1. AB said building 1. That does drastically change the formula because it's EBITDA that we are paying out.
Great job though. Really solid stuff and I instantly shared it to my private FITX group.
1. I appreciate you dumbing things down a bit. My eyes glossed over a bit during your pe section, but it's necessary to explain to some. So good job.
2. I liked your numbers. They are 100% conservative, and you progressively lessened them during your valuation. Good job.
3. Great job on assuming the MMJ total per grow/per year.
4. I'm not sure about your 40% assumption, like AB. To me, it's offset by your lowball earnings expectations though.
5. My only beef. Ok, that's a stretch...I understand your valuation is only on EPS/PE. I think the assets are more telling. If FITX held a 1.3M lb license, the buyout price is insane. I think that alone is worth $1.50-$2.00 pps. It would be damn hard to do either earnings or assets because they're both kind of unknown.
6. One more last second beef that AB pointed out. We need to figure out the 25% owed to the private investor. I thought it was for the entirety of site 1. AB said building 1. That does drastically change the formula because it's EBITDA that we are paying out.
Great job though. Really solid stuff and I instantly shared it to my private FITX group.
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