LOW Float LuxUrban Hotels (NASDAQ:LUXH) Has 124% upside & is trading under $2, NOT FOR LONG!
LuxUrban Hotels (NASDAQ:LUXH) could be a little missile and trading under $1.50 and positioned to soar like a eagle with just the slightest volume. We could see $2.00+++ tomorrow with modest volume!
Think about this:
Higher LOWS +
Low Float +
Bouncing Off Incredible Support and Creating A New Higher BASE +
Walking into the vacation season, ONE of the busiest seasons of the YEAR!
= EXPLOSIVE POTENTIAL GAINS COME EARLY FOR CHRISTMAS
Let’s take a close look at the top 3 catalysts that could ignite this missle!
I can’t stress this enough, this is low float is a HUGE cataylst!
TWO points we would like to make!
#1
4.4 Million shares in the float is TINY! That is a little over $6M in total volume to trade the whole float in a day! That is not out of the realm of possibility for tomorrow!
#2
LUXH ONLY trades 55,000 shares daily! That is $70,000 +/-!
Are you kidding me? Lux will trade that in the first 30 minutes tomorrow!
What does that mean? Hmmmm… We will SEE!
I do predict, a massive spike in volume and a potential rocket ship in price per share!
Christmas could be tomorrow for our subscribers!
Record Quarterly Net Rental Revenue of $11.6 Million
Significant Increases in Gross Profit, RevPAR, and Occupancy Rates
Adjusted Net Income of $0.6 Million Excludes $4.6 Million of Non-Cash and One-Time Expenses
Adjusted EBITDA Rose to $2.4 Million
Reiterates Annual Guidance for 2022 and 2023
MIAMI, November 14, 2022–(BUSINESS WIRE)–LuxUrban Hotels Inc. (or the “Company”) (Nasdaq: LUXH), which utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities, today announced financial results for the third quarter (“Q3 2022”) and nine months ended September 30, 2022.
2022 Third Quarter Financial Overview Compared to 2021 Third Quarter
- Net rental revenue rose 74.2% to $11.6 million from $6.6 million
- Gross profit improved to $4.9 million, or 42.2% of net rental revenue, from $0.8 million, or 11.9% of net rental revenue
- Net loss of $3.2 million, or $(0.13) per share, was primarily impacted by a one-time, non-cash $2.4 million warrant expense and a one-time cash expense of $1.8 million related to the Company’s planned exit from its legacy apartment rental business as part of its rebranding initiatives; net loss in Q3 2021, which did not include these expenses, was less than $0.1 million
- Adjusted net income (a non-GAAP measure; see reconciliation tables in this press release) improved to $0.6 million, or $0.03 per share, from a net loss of less than $0.1 million
- Adjusted EBITDA (a non-GAAP measure; see reconciliation tables in this press release) increased to $2.4 million from $0.5 million
Operational Highlights
- For the 2022 nine-month period, RevPAR rose 30% to $149 from $115, and occupancy rates improved to 87% from 71%
- Currently operate approximately 1,200 short term hotel rental units, which have been fully funded
- Expect to operate a total of approximately 1,500 short term hotel rental units by or around December 31, 2022, with no outside funding required for the additional 300 units
- Launched corporate rebranding initiative
- Implemented initiatives to expand margins, generate positive cash flows, and drive profitability
“Our performance in Q3 2022 validated the growth, sustainability, and predictability of our operating model,” said Brian Ferdinand, Chairman and Chief Executive Officer. “We recorded the highest quarterly net revenue in our history, expanded our operating portfolio of short-term rental hotel units, and grew RevPAR and occupancy rates across the portfolio. Excluding the one-time, non-cash warrant expense charges and one-time costs associated with our planned exit from our legacy apartment rental business, adjusted net income improved to $0.6 million and adjusted EBITDA rose 348%, respectively, from last year’s third quarter.
“We are confident in the trajectory of our business and excited about our performance through the first nine months of the year, reporting net rental revenue of $30.9 million, adjusted net income of $3.5 million, EBITDA of $4.3 million, and adjusted EBITDA of $6.5 million. As such, we are pleased to reiterate our full year 2022 and 2023 net revenue and EBITDA guidance.”
He concluded, “As a complement to anticipated net revenue growth, we have commenced initiatives designed to expand margins, generate positive cash flows, and drive profitability. This includes our agreement with Rebel Hotel Company, which we estimate will deliver margin enhancements that we would not have been able to realize until at least 2024, and our recently announced agreement with a new credit card processing company that eliminates the need for reserves and reduces associated processing expenses by approximately 400 bps compared to our former processor relationships. As a result of this new relationship, our former credit card processors will release to the Company approximately $5.5 million in reserves over the next 12 months.”
If I had a microphone I would DROP IT!
Stevie Wonder could see the potential!
I’m out of jokes, just go pull up LUXH right NOW because we have enough REGRET, we don’t need anymore!
DISCLAIMER:
Small Cap Exclusive is owned and operated by JBN PARTNERS LLC, which is a US based corporation has NOT been compensated for profiling LUXH. We own ZERO shares in LUXH.
We are paid advertisers, also known as stock touts or stock promoters, who disseminate favorable information (this “Article”) about publicly traded companies (the “Profiled Issuers”).
BCAN Stock Price Could Be Explosive: Signs First Cannabis Commercial Agreement
BYND Cannasoft Enterprises Inc. BCAN Stock Price could go to the moon.
It is an integrated software cannabis company, based in Israel with a disruptive platform for the $52 BILLION US Cannabis Industry
Lets Take a closer look at 2 talking points for this blossoming Cannabis Giant.
# 1 Talking Point
BYND Cannasoft Enterprises Inc. owns and markets a proprietary customer relationship management known as “Benefit CRM.”
For those of you reading that are not familiar with CRM, it is designed specifically to manage customers via SAAS platform.
BYND’s Benefit CRM software enables businesses to optimize their activities.
Imagine a software that manages sales, personnel, marketing and call centers, that is HUGE.
BCAN Stock Price could be greatly impacted by this news
# 2 Talking Point
Also BCAN plans include the construction of 4 state of the art greenhouses, housing approximately 2.5 acres of total growing area.
BYND Cannasoft Enterprises Inc. estimates that once fully operational, its Cannabis farm facility will be able to produce 7,500kg of raw cannabis each year.
And right now it has 4 potential catalysts that could provide a massive potential gain in the short term. Here we go:
Check out this float, 878K in THE FLOAT , BCAN has one of the lowest float I have ever seen.
When good or bad news hits a stock that has limited supply, it doesn’t take much for it to leave an impression on the market.
BCAN Stock Price could skyrocket because it is A low float stock.
This news could be revolutionary for women’s health.
Pay Close Attention.
BYND Cannasoft Enterprises Inc. Signs Agreement for the Acquisition of Israeli-Based Zigi Carmel Initiatives & Investments Ltd. In a Share Swap Agreement Valued at US $28Mn
VANCOUVER, British Columbia, Sept. 18, 2022 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) (CSE: BYND) (“BYND” or the “Company”) announced today that it has signed a share purchase agreement to acquire 100% ownership of Zigi Carmel Initiatives & Investments Ltd. (“ZC”) which holds the patent pending intellectual property for a therapeutic device (the “EZ-G device”) that uses low concentrations of CB oils, such as hemp seed oil and other natural oils, to treat certain women’s health issues…
The EZ-G device is a unique, patent-pending device that, combined with proprietary software, regulates the flow of low-concentration CBD oils into the soft tissues of the female reproductive system.
BCAN Stock Price could have a significant PPS increase due to this news.
BYND Cannasoft Enterprises Inc. Launches Beta Test for Managing Farms CRM Platform at Israel’s Weizmann Institute of Science
VANCOUVER, British Columbia, Sept. 28, 2022 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) (CSE: BYND) (“BYND” or the “Company”) announced that its subsidiary BYND – Beyond Solutions Ltd. has signed an agreement with the Weizmann Institute of Science for the use of its proprietary software.
Under the terms of the agreement, the Weizmann Institute of Science will use a beta version of the software provided as SAAS.
So, the beta version will include BYND Cannasoft Enterprises’ C.R.M. System – Job Management (BENEFIT).
Also is a module system (CANNASOFT) for managing farms and greenhouses with varied crops.
Therefore, BYND Cannasoft Enterprises will grant the Weizmann Institute a permit to use the license free of charge for a period of one year, after which the institute will have the right to extend the agreement and the Company will be paid a rate according to the agreement.
Yftah Ben Yaackov, CEO and a Director of BYND, said, “This is an extremely important step in the development of BYND Cannasoft Enterprises medical cann-a-bis software since the Weizmann Institute has many greenhouses of various types that can cover all the development possibilities of the software in the coming year…“
BCAN Stock Price is looking like it could be impacted by this news.
Israel’s Ministry of Health, through the Medical Cannabis Unit, granted BYND Cannasoft Enterprises Inc.’s Subsidiary, Cannasoft an Initial Approval to Engage in Medical Cann-a-bis Without Direct Contact with the Substance
Oct. 18, 2022
Received initial approval to engage in medical cannabis without direct contact.
The approval was with Medical Cannabis Unit at the Ministry of Health of the State of Israel.
So, Cannasoft received this initial approval as part of the process to obtain a full license.
This allows trading in medical cannabis products through an agreement with a licensed cannabis grower in Israel.
Cannasoft is in the final stage of obtaining the full license.
DISCLAIMER
Small Cap Exclusive is owned and operated by JBN PARTNERS LLC.
JBN is a US based corporation has been compensated $10,000 from Life Water Media for profiling BCAN. We own ZERO shares in BCAN.
We are paid advertisers, also known as stock touts or stock promoters, who disseminate favorable information (this “Article”) about publicly traded companies (the “Profiled Issuers”).
Why is Eloro Resources Ltd ELRRF Moving Higher in 2021?
Why is Eloro Resources Ltd (OTCMKTS:ELRRF) Moving higher in 2021?
The mining sector has been in focus among investors for quite some time and it has continued in 2021 as well. Among the many mining stocks which have recorded considerable gains this year so far, the gains made by the Eloro Resources Ltd (OTCMKTS:ELRRF) stock have been particularly eye catching. The exploration and mine development firm has seen its stock soar by as much as 135% this year so far.
Major Triggers
Considering the enormous gains recorded by the Eloro stock, it might be a good idea for investors to perhaps start tracking the stock. One of the major triggers behind the rally came about in the early days of January this year.
Back on January 5, Eloro announced that it concluded the bought deal financing deal that it had announced previously. In this regard, it should be noted that the over-allotment option was also exercised in full. In total, the company sold as many as 4080660 units in Eloro at the price of C$1.55 each. The transaction raised as much as C$6325023 in proceeds for the company. Each unit sold by Eloro consists of one common share in the company and a warrant that entitles the holder to buy half a common share.
It goes without saying that it is a significant development for the company considering the total proceeds that have been generated. Hence, the enthusiasm among investors is understandable. On the other hand, towards the end of January, the company also announced that it managed to intersect as much as 129.6 grams of silver per equivalent tonne of silver at one of its properties.
The property in question is the Iska Iska Property located in Bolivia. It is another significant development for the company and it remains to be seen if it can result in further gains for the Eloro stock. Investors could do well to keep an eye on it over the coming days.
Get started on your Due Diligence with the following links
American Airlines Gets Much Needed Love from the ‘Reddit Short Squeeze Rally’
AAL American Airlines has seen some massive interest recently, with all thanks going to the Reddit Crew. Unless you have been under a rock for the last few days, you are well aware of the “Reddit Crew” that is shaking up the market recently. They have specifically been targeting companies with heavy short interest, driving traders towards a dozen or so specific companies and creating massive short squeezes sending the share prices of these companies to the moon.
AAL American Airlines has luckily found itself in the small list of companies highlighted by the Reddit readers and I believe it was much needed. I do a great deal of flying over the last few years and find myself on American Airlines more than the rest. Flights have been gradually filling up more and more since the beginning of the pandemic. All of the airlines were hit hard by the pandemic and have since begun to trend uphill from the lows of last year.
Although all of the major US airlines have rebounded since the lows of last year, American Airlines has struggled to keep its share price moving uphill like the others, and along with that has seen the largest short position of all the major airlines.
Having that large short position however has gone from a thorn in the side to a flower on a crown for American Airlines
1/26/2021 AAL American Airlines closed just over $15.5
1/27/2021 AAL closed above $16.30
1/28/2021 AAL closed above $18
February 1, 2021 AAL is trading pre-market at $17.34
For those of you like myself that have AAL in our portfolio and have seen that it has been the underdog among the other major airlines, this last week has been worth the pain. I sold my AAL but will continue to watch for a new entry.
Current Airline Stock prices as of Monday 2/1/2021
DAL Delta currently $38.36
LUV Southwest Airlines $44.45
JBLU Jet Blue $14.50
SKYW SkyWest Inc $38.95
SAVE Spirit Airlines $26.20
UAL United Airlines $40.26
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Nio Inc (NYSE:NIO) Stock Rockets 1200% This Year: Time to Sell?
Why Lordstown Motors Corp (NASDAQ:RIDE) Stock Doubled in November?
Is American Airlines Group Inc (NASDAQ:AAL) a Good Investment Bet For 2021?
