CASE STUDY
Welcome to this month’s case studies. All companies referenced throughout the magazine are not intended as investment advice but rather to bring an awareness of different companies that may be invested in. Any third party images fall within fair dealing under Canadian Copyright law.
A quick review of the ROI from last month’s case studies:
Being the first in connecting the dots that turn
green into gold has always been the
CannaInvestor Advantage.
263% ROI in about three months and that does not include the dividend paid by Quinsam on November 22 for shareholders of record. The index itself had an ROI of 103% over that period. For those who invested in Isodiol and Namaste when we introduced them in May the ROI of the above company mix increases from 263% to 392% - that is the CannaInvestor Advantage.
As I wrote in the table itself, it does seem strange when an 8% ROI over three months is considered “low”. However, in November, Delivra announced record revenue growth. At time of writing, DVA has a market cap of only $14.2M with a low number of shares outstanding and a share price of $0.33. For the nine months ended September 30th, DVA has $3.3M in revenues but September alone was almost $1M. Projecting that to monthly revenues at or just over $1M per month translates into a current market valuation not far off of 1 x (annualized forecasted) sales. DVA NEWS RELEASE.
The year in review. How did several of our case studies, strategies, and feature companies perform?
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