Naturally Splendid Escalates 2016 Growth
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New $2.1 Million Purchase Order Shoots Growth Rate to 3000% Since 2015 - Seite 2
When applying a multiple of 8.32x, as being the case with biotechnology drugs, Naturally Splendid would be fairly valued at $2.25 CDN/share (+733% from current level).
In case management succeeds in growing Q3/4 sales figures stronger than Q1/2, an even higher valuation appears plausible. As per today's news, Naturally Splendid may exceed expectations again.
When looking at the company's share price development over the last two years, the following remarks can be made:
(1) Volume in Canada and Germany is picking up significantly since last week's unexpectly announced mammoth sales growth.
(2) Share price appears to have bottomed recently at $0.25 CDN and appears ripe for another upswing to the $0.48 CDN level.
(3) The explosive spike in share price in early 2015 demonstrates that similar price action may occur again, especially when rising above the $0.35-0.48 CDN levels.
(4) MACD indicator looks bullish at the moment and another run up may occur anytime now.
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According to a statement by Naturally Splendid:
"We looked at the history of hemp and came to one clear conclusion - it was time for a radical change."
To view the first graph associated with this release, please visit the following link:
http://media3.marketwire.com/docs/Graph-1.jpg
To view the second graph associated with this release, please visit the following link:
http://media3.marketwire.com/docs/Graph-2.jpg
The hemp, cannabis and healthcare sector is gaining momentum again, not only in North America but on a global scale, and as such an increased investor's interest has been noticed recently and is expected to accelerate in the foreseeable future.
Naturally Splendid is well-positioned to capitalize on this emerging market trend as being one of the first pioneering companies generating substantial sales.
Bottom-line: Naturally Splendid is poised to evolve as a leader in the global hemp space. The year 2016 is increasingly turning out to become the long awaited "company-making" year and as such should provide most upside potential for its shareholders.
Naturally Splendid continues to see increased interest for hemp food products in Asia. The company has made significant progress in the Asian region while attending tradeshows as Members of the Canadian Trade Delegation in Singapore and Seoul and more recently as official Members of the Premier's Trade Mission to Seoul, Manila and Tokyo, which was lead by British Columbia's Premier Christy Clark.