Jacob Legein, CPA

Chartered Professional Accountant | Level 1 CFA | Canadian Corporation, Value Investor, Contrarian Approach

[Jacob Legein, CPA @PeachFinancial]

@polish_man23 @alleria_eh Do either of you have the slightest clue what Canada would look like without the USA?

[Jacob Legein, CPA @PeachFinancial]

@mtaaafm Competition **

People are afraid government filing for free will hurt them but governments rarely ever make good products

[Jacob Legein, CPA @PeachFinancial]

@mtaaafm I started a small position at $310 … $META I started my position at $272 got it as low as $89

I am waiting for lower prices to possibly load up as I have been too early many times

Vibe coding will not ruin them, and fear of government completion is overblown

[Jacob Legein, CPA @PeachFinancial]

@kelkun @ph32121991 @its_ryan_jensen @V_arrell @JeremyJon8 @TheDankInformer 3/ every time I talk about $TLRY everyone thinks I am a happy stock holder . I am not, but dilution to grow is different than dilution to restructure or survive .. all 3 are very different

He should cancel the ATM have the stock pop and then and only then issue shares

[Jacob Legein, CPA @PeachFinancial]

@kelkun @ph32121991 @its_ryan_jensen @V_arrell @JeremyJon8 @TheDankInformer 1/ I agree with you stock will go up - ATM is fully priced in evident by the fact it dropped 20% over a month after being announced when it was ~20% dilution - what I am saying is this , if they made an acquisition for $300M that made them profitable the stock is worth $18 USD

[Jacob Legein, CPA @PeachFinancial]

@kelkun @ph32121991 @its_ryan_jensen @V_arrell @JeremyJon8 @TheDankInformer 2/ the math is simple companies that make money should over the long run be priced at a minimum of book value - that means that they hold assets less liabilities that create economic profit making a $ today worth more than a $ tomorrow discounted to its present value

[Jacob Legein, CPA @PeachFinancial]

@kelkun @ph32121991 @its_ryan_jensen @V_arrell @JeremyJon8 @TheDankInformer $tlry ATM is still undrawn yet fully priced in , majority of the dilution was corporate structure restructuring (equity for debt) I have said this many times this is dilution for growth (it’s different) they are going to acquire something for $300M or at least try to

[Jacob Legein, CPA @PeachFinancial]

@IcedKnife What are you holding ?

[Jacob Legein, CPA @PeachFinancial]

$tlry continues to drop on an ATM offering that is undrawn and rotation to $MSOS on up listings to NYSE

Dilution for cash burn vs investment is another, Tilray does not need cash at its current state

Can’t ever call a bottom on Tilray but it has to be close

[Jacob Legein, CPA @PeachFinancial]

@DaveI682678 I am with you - my comment is more about salvage value

If you were to dissolve $TLRY tomorrow at 1.5x sales plus cash you get about 3x from here

I would love it to be liquidated at this point

It’s worth $1.5B USD shut down

[Jacob Legein, CPA @PeachFinancial]

$TLRY now stands at 44.8% cash to its market price

Meaning for every $1 you invest in Tilray you are buying $0.448 in cash

The rest of that dollar gets you the business

[Jacob Legein, CPA @PeachFinancial]

@canucks604stm @__OuttaControl_ They are taking on a strategic partner who is taking equity to sell the company

[Jacob Legein, CPA @PeachFinancial]

@canucks604stm @__OuttaControl_ Don’t forget about me

[Jacob Legein, CPA @PeachFinancial]

@NoLimitGains $META looking good

[Jacob Legein, CPA @PeachFinancial]

If @IrwinDSimon was replaced by $TLRY how much would the stock pop on the first day of that news?

[Jacob Legein, CPA @PeachFinancial]

@NoLimitGains Selling of Todd Combs holdings as he has left for JP Morgan

[Jacob Legein, CPA @PeachFinancial]

@VladTheInflator They are liquidating Todd Combes portfolio as he want to JP Morgan - they are not familiar with his holdings and they don’t want them on their books anymore

[Jacob Legein, CPA @PeachFinancial]

@BottleneckFindr I heard the old CEO Enrique Lores talk about the 100% FCF return to shareholders many times

However, I am not sure what is going on

Last quarter they had FCF of $756M and only returned $374M

The same quarter last year they returned the same amount when FCF was negative

[Jacob Legein, CPA @PeachFinancial]

@PabloInvestobar @Boris_Jordan @srg444 What pending acquisition? Was it filed with the SEC?

[Jacob Legein, CPA @PeachFinancial]

@DianeCox741868 @Tablesalt13 Why would you take a shot at a conservatives or blue collar. Elbows up was a very lame slogan I associated with the Liberals

We were wrong the entire time to not view the USA as a big brother - USA is very important to Canadians