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Fire & Flower Holdings Corp. (FAF.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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1.6900+0.0700 (+4.32%)
At close: 03:59PM EDT

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  • c
    chris
    Anyone seen the new circle K location? Thoughts
  • M
    Mark
    I think this stock may have one of the lowest valuations as of now. Price to book of 0.6 obvious buy for the long run.
  • B
    BmF
    Series B warrants expire today 🤔
  • f
    frank
    I'm don't buying this stock. stuck at 6$ a share ...however will not selling keep till I make my money back...or not? But not selling.
  • J
    Josh
    I noticed the other week that there was one if these co-located stored in Spruce Grove. I wonder how they are doing. Seems like a no Brainer but it will be interesting to see the results.
  • R
    Rich
    Tomorrow's predictions?
  • J
    Josh
    I bought more today...
  • T
    Tim
    Are people really gonna buy weed with their gas and chips? I guess we'll find out.
  • M
    Mike
    I just listened to the Earnings call. My takeaways were:

    -It was a resetting quarter, with positive trends (seen at end of quarter) anticipated to continue
    -New pricing in mid-May lead to 3% increased revenue qr/qr, despite having shed 9 stores
    -New pricing has also lead to significantly increased foot traffic and increased market share
    -They closed 11 underperforming stores, and opened 2 in better locations (down 9).
    -They said they expect to maintain or grow store count going forward
    -Trudeau says he anticipates having “200 stores” in coming years
    -They plan to open 10 co-located Circle K stores in the next 12 months
    -“A handful of co-located stores have been built out, and are just awaiting license”
    -Firebird delivery is working, and ppl are paying a premium for the service
    -Firebird margins will increase with economies of scale. Price of gas/labour has hurt

    All in all, what I heard was far more positive than what the numbers on paper look like. I’d say they were somewhat critical of old management, and it appears they’ve made some positive moves to ‘trim the fat’. Despite having only a short time with the new management/strategy, they’ve seen upticks in key metrics, and they anticipate this continuing.
  • J
    Josh
    Now we get a real life business case of a retrenchment strategy (Faf) vs. growth strategy (Hiti). It will be interesting to see their earnings tomorrow.
  • N
    Nick
    New hard lows , double the share volume

    Couche Tarde was wise to choose a conversion price of 1$ on top of the 8% coupon , as concerns their recent
    $5 million injection .

    It may be time for
    the co. to announce a share buyback plan to provide support , with their cash on hand ??!
  • i
    idontgivafuk
    ATD needs to buy more or avg down 😂
  • T
    Tom D
    just here to say before the reverse split, this would of been 17 cents a share right now.
  • J
    Josh
    70 Million dollar market cap...just buy the company already ATD. You already got your guy running it. Put me out of my misery.
  • A
    Arne
    did they just close 13 stores? just heard on the hiti board
  • I
    I
    Great, market is tanking, they always find the worst days to release results.
  • R
    Rich
    Nice, 52 low...
  • J
    John
    Just saying, don't be surprised if there's a considerable drop in revenue tomorrow. Competition is heating up and everyone is price warring. Thesis hasn't really changed just the timeline. All of the independents are feeling the same struggle and will eventually be pushed out and you'll be left with the 5 national chains controlling most of the market 2-3 years from now. Some will rely on bottom of the barrel financing and their stocks will suffer in the long run. As long as ATD is in FAFs corner we have a leg up. It sucks but have patience.
  • D
    Daenrico
    When more people are here to bash than pump its a buy . If you buy at this level its a no brainer than you gonna make profits ,today next week or next year but it is a sure bet .
  • J
    Jupiter
    @Rob and @I Hiti made over 95 Million this ER. Have a great night. I know I will.