You need to recognize that GWPH has a market cap o
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Posted On: 04/13/2017 6:21:57 PM
Re: NotRichYet2 #6764
You need to recognize that GWPH has a market cap of nearly $3 billion, but it has far fewer shares outstanding. OWCP at about $20 would have a $3 billion market cap, so at that point they'd be essentially equals.
I expect that barring regulatory restrictions OWCP will have one, and possibly two products on the market for at least a few months. The products will be manufactured, distributed, and sold by contractors who already are established for certain regions of the world. I frankly have no idea how frequently these contractor account to OWCP, but I would guess it's at least quarterly. If that's the case, sales for the third and fourth quarter could be reported, but only the third quarter sales would be reported during the year. The fourth quarter sales might not be reported until April of next year, because extra time is provided when companies are doing their Annual Report, as we've seen this year.
I believe that just the fact that we have sales will be worthy of a market cap of nearly a billion or more. Depending on just how many countries and/or states are permitting sales may have a lot to do with how large the price is by year's end. If the cannabis cream and the sublingual tablet is available in the States in the U.S. where medical marijuana is permitted, and in many other countries, even without a year end report on revenue, I believe that $3 billion market cap is possible this year. Of course as revenue goes into the billions the company will be worth dramatically more than that. A price as high as where GWPH is today could require a billion in earnings or more, depending on how big a P/E is applied. A P/E of 10 would generate a price of about $63, making a P/E of 30 about $200. I believe that a billion in earnings is very possible, but it will take a couple years.
Gary
I expect that barring regulatory restrictions OWCP will have one, and possibly two products on the market for at least a few months. The products will be manufactured, distributed, and sold by contractors who already are established for certain regions of the world. I frankly have no idea how frequently these contractor account to OWCP, but I would guess it's at least quarterly. If that's the case, sales for the third and fourth quarter could be reported, but only the third quarter sales would be reported during the year. The fourth quarter sales might not be reported until April of next year, because extra time is provided when companies are doing their Annual Report, as we've seen this year.
I believe that just the fact that we have sales will be worthy of a market cap of nearly a billion or more. Depending on just how many countries and/or states are permitting sales may have a lot to do with how large the price is by year's end. If the cannabis cream and the sublingual tablet is available in the States in the U.S. where medical marijuana is permitted, and in many other countries, even without a year end report on revenue, I believe that $3 billion market cap is possible this year. Of course as revenue goes into the billions the company will be worth dramatically more than that. A price as high as where GWPH is today could require a billion in earnings or more, depending on how big a P/E is applied. A P/E of 10 would generate a price of about $63, making a P/E of 30 about $200. I believe that a billion in earnings is very possible, but it will take a couple years.
Gary
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