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what's everyone think on seeing 1p or less here before London listing.
a very disappointing share to say the least.
need there products to ease the stress from been thousands of pounds in the red .
Sam , I know many that got in on Phil raise at 3.5p. The board have constantly lied all year , constant dilution , marketing with AJ that investors haven’t been told the cost and we go on and on. Pumped many times and they are failing miserably.
Yeah they seem to issue shares like confetti. Think I'll pass.
Seems rather a lot - 40+ million shares for consulting, advisory & licensing. I know they are building a brand but that sounds like £600k+.
oh brother. That trading update was for Q2 only. Q1 was 2m. Otherwise, the rest of your post is nonsense, so let's leave it
Well why wasn't that 2.5 million dollars in the trading update or their accounts then? Their price to earnings ratio is - 4.8 whereas Love Hemp's is -0.17. Both are nothing to write home about, but CHILL is trading at a premium 28 times that of Love Hemp, with ten times less revenue.
I realise this is the LIFE board, but you are way off mpd: first off, CHLL revenues are $2.5m for their very first 6 months of operations and they will annualise at well over twice that for certain. In the meantime, much more importantly, their cost base is a fraction LIFE's (total CEO comp for the co-CEOs is less than £200k; they've gained a foothold in over 2500 shops in US on the way to 10k by Q2 next year with almost no marketing spend, and production is contracted out) so that CHLL is already at or near cash flow positive and will probably be net profitable in Year1. And as I mentioned already, smoking cessation growth projections are a multiple of any other sub-sector within the CBD space.
But CHILL's own trading update mentioned $561,330 of revenue. Converted into pounds that's £419,060. Marginally better than 265k but still pretty pathetic. Love Hemp has almost ten times the revenue.
https://www.lse.co.uk/rns/CHLL/trading-update-v2jnfyf78bprfgs.html
sorry mozax, but that first sentence is, respectfully, gobbldygook. I'm not picking and choosing anything. I'm telling you that the cosmetic side of the business at CHLL is of little consequence right now in terms of upside potential in the share. The division has already been separated internally (likely in preparation for a sale in a year or 2, but I digress), while the massive growth on the smoking/chew side is fully addressed. (CBD-Tobacco free nicotine products alone are forecast to be a $50B market in 5 years, for instance). As a result, my simple conclusion is therefore that CHLL and LIFE are no longer comparable companies. That's it. Nothing controversial. You cannot possibly own both and not know that..
You can’t pick & choose what a Company is doing for your investment preferences, Chill produce CBD goods exactly as do Love Hemp, I’ve bought the same products from both Companies, if I’m invested then I want to try them.
Whilst I agree they have developed a ‘smoking cessation product’ it hasn’t yet gained any traction, and will no doubt require a lot more Capital to roll it out.
I’m invested in both Companies but what I’m saying is I’ve got a larger holding here because traction & revenue is already building nicely & they are starting to distribute overseas, and their own 6 million unit manufacturing facility is almost complete, having raised Circa £10M already, a chunk of that at 3.5p.
I think you are spot on Ballio.
The one month AJ/LH campaign will coincide with the full listing imo also.
Any sales and branding benefit is a positive bonus as well.
Just a thought on the timings of the new AJ campaign, beginning to think that this is partly about exposure pre listing to give it some traction when it launches as much as boosting product sales and general public brand awareness.
There will be possibly equal number of people who want to own stock as there will be people who want to buy products, the campaign serves both audiences.
Either way i think its going to be a good Christmas.
Ballio
That's not even remotely true mozax, but what I'm trying to explain is that it is also largely irrelevant. The 2 companies are not competitors for intents and purposes, as CHLL is focused on the much faster growing, and far less crowded, smoking cessation market, within the CBD space. Comparing them is therefore a dangerous game and LIFE shareholders are better served looking at names like Voyager for guidance on valuation.
CHILL products are expensive & poor quality. All the money is spent on expensive packaging.
Love HEMP have good quality products in inexpensive packaging.
That’s the right way round for me so I’ll continue backing this horse in greater quantum.
Chill was not up on 275k of revenue. That was a number that winnifrith made up out of his rectum. The rollout they announced was a serious one and will be worth in the millions over time. In the meantime, forget the notion that Love Hemp and and Chill are in any way comparable. Chill is in a much higher growth area of the market in smoking cessation products while the cosmetic side is a relative sideshow (though there is one relevant overlap in gummies of course), and is thus a far, far bigger company in the making. It will always trade at a very substantial premium to LIFE. That doesn't mean LIFE isn't attractive at these levels, just don't try and justify it by comparing it to CHLL, they're in different universes. A much more appropriate name to follow for comparison would be Nick Tulloch's new venture, Voyager.
Guess it wasn't that hard to find:
https://www.investegate.co.uk/CompData.aspx?code=LIFE&tab=announcements
Been following this one for a while now. Seen it mentioned now and then on other boards too. I deffo want some exposure to this market but is it being dragged down with the endless bad news from so many firms across the pond. I will be honest. I have had a short on the cannabis stock index for alot of this year because it is so relentless and has been easy money. But i much prefer making money on a buy than a sell ( yeah its all money if it goes your way). Starting to look pretty cheap here though
Heard someone mention this company on the CHILL message board yesterday. Seems like this company is the mirror image of that load of trite. As in it has revenue, proven distribution into major retailers and growth potential.
Are there any links to any investor resources out there. Stuff like published accounts and regulatory announcements? I can't seem to find any on LSE or Google.
Sharealot11, I feel the same as I am also in for quite a lot now and with so many plus points over the last few months I cant understand it. I know the banks are not to keen on CBD/hemp companies but it is the future. Pokerchips posted this link a few days ago I dont know if you saw it https://www.reuters.com/business/finance/exclusive-jpmorgan-restrict-trading-us-cannabis-stocks-letter-2021-11-02/ Good luck.
Bizarre.
Our Chunky seller continues and with poor volume the price carries on South.
Fundamentals & growing revenues, building further distribution channels etc, at some point this will rebound big time imo, unless it gets bought out for peanuts!
I’m going to add another big chunk but see if I can get them even cheaper, in this bizarre sell off.
As displayed over at CBD Chill today, up 65% on £275K revenue & an MCap of £45M.
Fundamentals will win in the end.
I have been reviewing my investments , I asked my advisor as I invested in the last two 3.5p rounds significant sums , I wanted some answers to why the share price is down and how the costs compare to other CBD companies , the advisor came back and said Tony CEO is on £250,000 pa not sure if any other options ? I am still awaiting package information for the rest of the board to do my comparison, however I do feel love hemp is great company but are the board and ceo extracting too much cash from the company at a early stage ? thoughts please ?
These were trading at nearly 15.00 only 8-9 months ago?
Guessing there are a couple of delayed sells?
Will buy more if it drops further.
Good luck everyone
Its not just love hemp thats taking a battering especially where Cannabis is concerned. If you have faith in the industry its going to be a bumpy ride. Im not in love hemp im in a different stock centered around medical cannabis but were taking a hit although not as pronounced as in here. i think most people are selling to buy assets while the economy is in hiatus.