Member Info for Kabaa

https://total-market-solutions.com/2021/03/investing-in-the-uks-small-cap-medicinal-cannabis-stocks/

Mark550

You are correct.

Durban holdings own around 18% of this.
They also hold a similar amount in Argo blockchain.
Peter wall is also a director.
Also there are several connections to beckam through the staff.

I think a very interesting story will unwind here in the coming months/years.

I am surprised by the share price but doubt it will stay low for long, for many reasons including the above.

Who on earth would buy shares in this in the next 12 month's with the financing agreement just signed.
Great for bringing money into the company but will be terrible for the share price.
This is a shorters dream.
Equity conversions at 90% of vwap.
These never end well in my experience.
TW has a 5p target on this.
I wouldn't be surprised if that actually isn't far off in the next year or 2.
CBX will outperform this considerably imo.

Tpjak1
We all make that mistake occasionly but almost every time, you get a chance within a few weeks to get out in profit, no matter what you paid, imo.

Many on here would say anything to have you sell at a loss at 10p only to pick up your shares and enjoy that ride back up. Imho.

Early stage growth companies, especially in huge growth sectors demand far higher multiples than average.
If the share price were to get to £1 And they raise £25m-£50m to accelerate their plan, it'll have almost zero dilutionary effect.

They are simply not going to do that at this price and likely couldn't if they wanted to as the financiers are going to want to see the business progress first.
Obstando - the company have said many times in interviews they have plenty of money through 2022. The fact you do not know this and talk so much on here really is bizarre.

Amran, Yes he did.

What about year 4, 5 and 6 etc?+ other products coming online.

The growth base from 250,000 customers is huge and they could also beat them targets significantly across multiple countries.

This has the potential to be a multiple £billion company imo and could happen very quickly.

If this gets to £3/share, you won't care if you paid 11p or 14p or 18p for it and these little boring days of 3% down will be long forgotten...

Lots more to come and agree RNS over the next weeks should reignite this....

They have said many times they are fully funded all through 2022.

Obstando loves to post lots when the share price falls and has written many misleading comments for a while.

He obviously has a very unhappy life because of his personality and like a to bring negativity to others.

Exactly and look who owns them.

Same people as Argo blockchain.

I think a few people posting on here are going to have a big lesson in patience over the next week or 2

Absolutely.
This is one of the biggest growth markets out there.
If this is a success which I believe it will be as all of the right people are involved, then it'll be a multi billion company within years.
Most people do not look that far ahead and want to know what the price will be after lunch due to buys and sells. The real money is made by looking at what this could be in 5 or 10 years.

Very good article.

They're clearly a highly professional outfit with very large plans to mass produce and sell this in the US and Europe.

Why do you and obstinado post every day about a share that you think isn't going to move?
There's thousands of companies out there. If you're any good, surely you should spend time on a company you can either buy shares in or short.

So you are either wasting your time or you are just looking to scare people hoping you can buy in cheaper on the back of it, hence coming here more obsessively every time there is a down move.
Either way, no one should take your posts seriously whatsoever.

I think the US is in late cycle and have a forward pe ratio in the 30s last time I looked whereas the uk is about 13 (which is relatively very cheap)

But the US have decided to respond by not only printing money but massive government spending at the same time. So I can't see their markets crashing at all, although seemingly expensive they are happy to put trillions of dollars underneath them. This will continue imo and there is no other way out for them other than under pin the lot with printed money. In this scenario the biggest risk is not their stock market but their currency crashing imo. They'll create tonnes of cash which will fly into stocks and commodities, some of it will get put in the UK and Europe.
The biggest risk imo is holding too much cash and hoping the prices of things come back down, which many make the mistake of only to observe asset price inflation year after year, decade after decade.

The dot com bubble also had huge amounts of stocks with billion dollar valuations that the nasdaq was full of. Now they have real companies that genuinely have enormous revenues. So I don't see the comparison. This company for example has a £50m cap with £13m in cash and some very clever people behind it. I don't think any of them are there for a quick buck and are only just getting started...

Grodan look at what happened to the cannabis ipo's in the US.
Many millionaires and likely billionaires made there from super multibaggers over the first year of being listed.
This industry is very popular and will beat any potential downturn in the market in my opinion. It has/had almost no correlation with the wider markets.

As someone rightly said the other day that most of their big money was always made from investing in companies that were not making money yet. Everyone wants to invest in profitable companies and so there is not much upside and you are lucky to get a 5% yield which is not for me. I prefer investing in companies that are years off making profit - that is where the huge multibaggers are made....because they are frequently very cheap.
Here they are expecting 50-70% margins. For the brand value potential that is enormous.

I assume the money in the US of 1.9tn dollars is what you are talking about and this hasn't even started to be spent yet.
The UK has not benefited much from this yet and stocks are widely cheap in the UK due to brexit in recent years and us not doing much qe like in the US. So I'm not worried about a downturn here at all and am generally bullish on UK share prices.

I stand by my post yesterday and also noted the share price could go anywhere long term but am very confident this will bag likely many times in the next few months...

Massive growth sector
Very popular industry
Very little competition
Great team
Great management
Backing from a potential massive brand to be involved.
Massive investor interest.

This team will take it to £bn market cap = multiple £'s per share imo. They're not in it for pennies.

I have no opinion on the share price this week but this is a buy and hold for me at anyting under 50p and will look cheap as chips in 1-12months imo....

Zak had a 50p target on this on the ipo with good reasoning. I wouldn't be surprised if we hit that within 4 weeks with a few rns on the way...

I thought you seemed a little overly insecure at my response yesterday Echo.
Don't quit the day job lol. Not many people make very much buying and selling shares within a few days.

I'm here for the massive growth in the cannabis industry alongside the belief Peter wall, db, Alexis and others will make this company a standout in the industry and bag this many times over.

Many stocks that came to the US when they first allowed them to be listed have grown into multi billion dollar companies.

The appetite for investment in this industry is ginormous and much of this will come over to the UK now and in particular, cellular goods.
Aimo...

David Beckham is 'not yet' involved in the marketing.
Obstando surely even you can work that one out.

If he does get involved on that side, you won't get in below a quid.

You've been desperately trying to talk this down whilst thousands of us have been buying sub today's price and are now sitting pretty.

Read between the lines, this game isn't for you. Stick to accounting or whatever incredibly dull job you're in.

In 2019, the global cannabis industry was worth $12 billion. By 2040, it is estimated to hit $630 billion.

What do you expect?

It's just been on bloomberg!

They'll be buying this non stop for months.

Zak mirs 50p target straight off the bat could take a few weeks but I think it'll get there quicker than many think.

I can guarantee you they won't continue posting all day when this is back in the 20s!

Exactly my thoughts Simon.

Massive amount if interest in this stock and you and can see from the posts many are bitter they've sold and can't get back in without paying up.

This share will have massive interest for years to come and especially the next few weeks demand will exceed supply dramatically imo.