den ich euch gern zum Lesen weitergeben will....
So I have noticed a definite change in a lot of the attitudes towards XLY in the last couple of days as the SP continues to drop.
Lots of
“Production estimates are 1/4-1/3 of what we were led to believe for 2019-2021”
“Shorts are killing us”
“Need a positive news release”
“Why the name change and re-Brand and why now?””
and many more comments with members selling shares and being angry with management.
Ultimately every shareholder has to do what they think is best for them. Sell, accumulate, average down...whatever works for you.
I will admit that the current drop is a kick in the teeth but you have to consider a few things:
1. The production capacity for the next 3 years is FUNDED capacity which means that XLY will have 160,000kgs by 2021 without requiring any further capital. That is a lot of revenue for future investments to bring capacity up to the 620,000 kgs people were expecting. It just means it might be in 2022-2025 and not 2019-2021.
2. Would you rather the company increase capacity now through further dilution or revenue from 2019-2021. I know which one makes sense to me.
3. Would you want the company to invest huge sums of money (more dilution) in streams and partners who still haven’t met some of the conditions of the LOIs or would you prefer they make strategic investments and phase those investments over the next few years using existing capital and future revenue.
4. Would you want to be invested in a company that is a pure streaming company where margins on dried flower will decrease over time when supply meets demand or a company that has evolved and is in a great position to succeed with multiple revenue streams with higher margins.
If you look at the original investor deck that CBW put out, the production estimates are in line with what was originally communicated. The additional JVs and major deals can/will yield the amount we expect but only if management feels the additional investments to complete ALL phases of expansion are worth the reward. I would much rather have a management team invest wisely, in waves and using future revenue over further dilution.
If you are trading XLY or invested expecting a massive return quickly then yes it sucks. If you invested for value and recognize that companies evolve from inception until the time they bring true value to shareholders then you know that during this process all companies face rough waters.
[Autor: David Greenfield, www.facebook.com/groups/cbwinvestors/...nk/1675173952579512/]
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