Is CANNTRUST Stock a Buy? (CTST TRST Stock Analysis) скачать в хорошем качестве

Is CANNTRUST Stock a Buy? (CTST TRST Stock Analysis)

Is CANNTRUST Stock a Buy? In this CTST TRST Stock Analysis video we discuss Canntrust Stock and find out if it's a good stock to buy or not. CTST Stock (TRST Stock) has been making headlines recently as the stock has tumbled over 86% in the past year - and this has investors worried about this stock heading to $0. I personally am not a CannTrust shareholder but there are some big red flags I see about this company which keeps me away. I want to explain in this video why this may not be a great investment, and why this stock may actually be on it's way to even lower prices in the coming months. CannTrust Stock Analyst Price Target from TipRanks: http://bit.ly/2l7E62w A quick summary on the company first before we dive in. CTST Stock is a Canadian licensed and regulated producer of medical greens, with 40 years of experience in the industry. Over the years they have invested heavily in their facilities, currently with a 430k sqft greenhouse, and plans to expand that even larger in the coming years. They sell many types of medical products in the forms of oil, dried, or even capsules, for their patients. From a surface level, this seems like a company with a ton of potential - especially with that greenhouse space - so what's the issue? It actually gets quite bad, so let's kind of rewind to a few months ago here. Back in early July of this year, the company was accused of operating rooms without a license, and growing product even though they were not authorized to. Nearly 13000 kg of product was confiscated from their facility because of this. This of course shook investors and everyone in the space had their eyes now on the company. Then, news broke that the executives of the company actually knew about this for quite a few months, and turned a blind eye - which is when things started turning for the worse. This led to heavy selling in the stock as you can see, with volume spiking, and the stock dropping over 20% in a single day. Fast forward to September and now we see that the company has confirmed that health Canada has suspended their license - meaning they cannot sell any product right now. Until this suspension is lifted, they cannot propagate new lots or batches of product or engage in the sale or distribution of product - ultimately hurting their financials and bottom line. They are also unfortunately laying off 20% of their workforce because of these issues, which is a sign that they are losing too much money and want to contain it as much as possible. The financials of this company are not too bad surprisingly, and it is better than many others in this sector. They have around $55.5M in cash and about $13.8M in debt, so they do have enough cash ready FOR NOW. However, when looking at their FCF, this is where I am very concerned as this was a -$53.7M last year and if they have another year of this, which is VERY likely to happen and even come in worse because of the suspension, the company may actually run out of cash and have to resort to bankruptcy here because their expenses will be too high for them to handle. Honestly if I was a shareholder of TRST Stock, I would be looking long and hard at my investment because this is concerning, and they could realistically face bankruptcy very soon. We've gone from a high of $12, to a current price of $1.31 - essentially wiping out over 90% of the companies value in just 1 year. Things can get a lot worse from here as well if they report bigger losses or if they don't get their license back from Health Canada, or, if they are fined large amounts which they cannot pay off. There's a lot of negative here and if you wanted to invest in this space, companies like APH, ACB, and CGC have already proven themselves to be better bet.You can go indirectly and pick up something like MO, which has a stake in Cronos indirectly. #Canntrust #CTST #TRST #PositiveInvesting 🔴 VIP Membership Group 🔴 View my portfolio & every single trade I make! Join now ► http://bit.ly/2Gk9JfW ☀️ Referral Tools ☀️ TradingView (Stock Charts) ► https://bit.ly/3475WzJ Webull (US Broker + Free Stock) ► http://bit.ly/2VS0QR2 Questrade (Canada Broker + Free Credit) ► http://bit.ly/2ZjQLi6 My Amazon Store ► https://amzn.to/2Dxsf3U ☀️ Follow me on Social Media ☀️ Facebook Group ► http://bit.ly/2v6UfGM Twitter ► https://bit.ly/3dENukp Instagram ► https://bit.ly/3dFQyNh Please LIKE, COMMENT and SUBSCRIBE to support the channel - it helps the channel immensely! Remember to invest positively. Disclaimer & Affiliate Disclose: The information in my videos is strictly for educational purposes only. I will not be held liable for any gains or losses incurred. I'm affiliated with TipRanks, TradingView, Questrade, Webull, and Amazon, however this doesn't influence my opinion on these services. Subscribe for more videos like this: http://bit.ly/2V3mKDZ