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Alliance Growers

CNSX:ACG
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ACG
CNSX
CA$3M
Market Cap
  1. Home
  2. CA
  3. Pharmaceuticals & Biotech
Company description

Alliance Growers Corp. engages in acquiring investments in and developing projects in the medical cannabis sector in British Columbia. The last earnings update was 54 days ago. More info.


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ACG Share Price and Events
7 Day Returns
0%
CNSX:ACG
-5.9%
CA Pharmaceuticals
1.3%
CA Market
1 Year Returns
-77.8%
CNSX:ACG
-46.7%
CA Pharmaceuticals
-0.1%
CA Market
ACG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alliance Growers (ACG) 0% 0% -27.3% -77.8% -20% -
CA Pharmaceuticals -5.9% -3.4% -24.8% -46.7% 217.3% 286.4%
CA Market 1.3% 4.2% 1.6% -0.1% 8.4% 5.7%
1 Year Return vs Industry and Market
  • ACG underperformed the Pharmaceuticals industry which returned -46.7% over the past year.
  • ACG underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
ACG
Industry
5yr Volatility vs Market

Value

 Is Alliance Growers undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Alliance Growers. This is due to cash flow or dividend data being unavailable. The share price is CA$0.04.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Alliance Growers's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alliance Growers's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:ACG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-31) in CAD CA$-0.04
CNSX:ACG Share Price ** CNSX (2019-09-20) in CAD CA$0.04
Canada Pharmaceuticals Industry PE Ratio Median Figure of 13 Publicly-Listed Pharmaceuticals Companies 15.3x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Alliance Growers.

CNSX:ACG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:ACG Share Price ÷ EPS (both in CAD)

= 0.04 ÷ -0.04

-1.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alliance Growers is loss making, we can't compare its value to the CA Pharmaceuticals industry average.
  • Alliance Growers is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Alliance Growers's expected growth come at a high price?
Raw Data
CNSX:ACG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Pharmaceuticals Industry PEG Ratio Median Figure of 7 Publicly-Listed Pharmaceuticals Companies 1.56x
Canada Market PEG Ratio Median Figure of 245 Publicly-Listed Companies 1.02x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Alliance Growers, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Alliance Growers's assets?
Raw Data
CNSX:ACG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-31) in CAD CA$0.04
CNSX:ACG Share Price * CNSX (2019-09-20) in CAD CA$0.04
Canada Pharmaceuticals Industry PB Ratio Median Figure of 151 Publicly-Listed Pharmaceuticals Companies 2.36x
Canada Market PB Ratio Median Figure of 2,457 Publicly-Listed Companies 1.43x
CNSX:ACG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:ACG Share Price ÷ Book Value per Share (both in CAD)

= 0.04 ÷ 0.04

1.12x

* Primary Listing of Alliance Growers.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alliance Growers is good value based on assets compared to the CA Pharmaceuticals industry average.
X
Value checks
We assess Alliance Growers's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Pharmaceuticals industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Pharmaceuticals industry average (and greater than 0)? (1 check)
  5. Alliance Growers has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Alliance Growers expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Alliance Growers has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
97.7%
Expected Pharmaceuticals industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alliance Growers expected to grow at an attractive rate?
  • Unable to compare Alliance Growers's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Alliance Growers's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Alliance Growers's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:ACG Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Pharmaceuticals Industry Earnings Growth Rate Market Cap Weighted Average 97.7%
Canada Pharmaceuticals Industry Revenue Growth Rate Market Cap Weighted Average 56.5%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:ACG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:ACG Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
CNSX:ACG Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-05-31 -2 -3
2019-02-28 -2 -3
2018-11-30 -2 -6
2018-08-31 -2 -5
2018-05-31 -1 -4
2018-02-28 -1 -4
2017-11-30 -1 -2
2017-08-31 -1 -2
2017-05-31 -1 -1
2017-02-28 0 -1
2016-11-30 0 -1
2016-08-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Alliance Growers is high growth as no earnings estimate data is available.
  • Unable to determine if Alliance Growers is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CNSX:ACG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Alliance Growers Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:ACG Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
CNSX:ACG Past Financials Data
Date (Data in CAD Millions) EPS *
2019-05-31 -0.04
2019-02-28 -0.04
2018-11-30 -0.08
2018-08-31 -0.08
2018-05-31 -0.08
2018-02-28 -0.09
2017-11-30 -0.05
2017-08-31 -0.05
2017-05-31 -0.04
2017-02-28 -0.03
2016-11-30 -0.02
2016-08-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Alliance Growers will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ACG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Alliance Growers's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Pharmaceuticals & Biotech companies here
  3. Alliance Growers's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Alliance Growers's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Alliance Growers has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Alliance Growers performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Alliance Growers's growth in the last year to its industry (Pharmaceuticals).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Alliance Growers does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Alliance Growers's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Alliance Growers's 1-year growth to the CA Pharmaceuticals industry average as it is not currently profitable.
Earnings and Revenue History
Alliance Growers's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Alliance Growers Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:ACG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-31 -2.79 1.25
2019-02-28 -2.86 1.21
2018-11-30 -5.50 3.81
2018-08-31 -4.69 3.69
2018-05-31 -3.99 3.80
2018-02-28 -4.09 3.95
2017-11-30 -1.77 1.60
2017-08-31 -1.83 1.63
2017-05-31 -1.42 1.28
2017-02-28 -1.03 0.99
2016-11-30 -0.53 0.52
2016-08-31 -0.28 0.32
2016-05-31 -0.93 0.29
2016-02-29 -0.93 0.23
2015-11-30 -0.90 0.24
2015-08-31 -0.99 0.34
2014-08-31 -0.32 0.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Alliance Growers has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Alliance Growers has efficiently used its assets last year compared to the CA Pharmaceuticals industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Alliance Growers improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Alliance Growers's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Pharmaceuticals industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Alliance Growers has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Alliance Growers's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Alliance Growers's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alliance Growers's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Alliance Growers has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Alliance Growers's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 60.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Alliance Growers Company Filings, last reported 3 months ago.

CNSX:ACG Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-31 3.05 0.00
2019-02-28 3.33 0.00 0.20
2018-11-30 3.22 0.00 0.13
2018-08-31 2.55 0.00 0.46
2018-05-31 2.87 0.00 0.53
2018-02-28 2.31 0.00 1.35
2017-11-30 0.98 0.00 0.90
2017-08-31 0.17 0.00 0.19
2017-05-31 0.25 0.00 0.10
2017-02-28 0.02 0.03 0.18
2016-11-30 0.09 0.00 0.17
2016-08-31 -0.14 0.00 0.18
2016-05-31 -0.11 0.02 0.11
2016-02-29 0.08 0.00
2015-11-30 0.43 0.00 0.00
2015-08-31 -0.02 0.00 0.00
2014-08-31 0.28 0.00 0.03
  • Alliance Growers's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Alliance Growers's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Alliance Growers has less than a year of cash runway based on current free cash flow.
  • Alliance Growers has less than a year of cash runway if free cash flow continues to grow at historical rates of 71.6% each year.
X
Financial health checks
We assess Alliance Growers's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Alliance Growers has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Alliance Growers's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Alliance Growers dividends.
If you bought CA$2,000 of Alliance Growers shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Alliance Growers's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Alliance Growers's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:ACG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
North America Pharmaceuticals Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.8%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

CNSX:ACG Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Alliance Growers has not reported any payouts.
  • Unable to verify if Alliance Growers's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Alliance Growers's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Alliance Growers has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Alliance Growers's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Alliance Growers afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alliance Growers has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Alliance Growers's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dennis Petke
COMPENSATION CA$491,037
AGE 54
TENURE AS CEO 3.8 years
CEO Bio

Mr. Dennis Edward Petke, C.A., served as the Chief Financial Officer of Easy Technologies Inc. since September 2016. Mr. Petke has been the Chief Executive Officer of Alliance Growers Corp. since February 1, 2016 and its President since November 1, 2015. He serves as the President of Crux Industries Inc. He has been the Chief Financial Officer and Corporate Secretary of Aucxis Corp., since August 21, 2001. He serves as the Chief Financial Officer of Aquarian Gold Corp. He serves as Secretary of Mantra NextGen Power Inc. He served as the Chief Executive Officer, President, Secretary and Treasurer of American Paramount Gold Corp. since October 8, 2015 until April 6, 2017 and served as its Chief Financial Officer. He served as the Chief Financial Officer of Sheslay Mining Inc. since June 8, 2015. He served as the Chief Executive Officer of Golden Raven Resources Ltd. and served as its Chief Financial Officer from April 5, 2007 to April 23, 2012. He served as the Chief Financial Officer of Montello Resources Ltd. from June 23, 2009 to February 2014. He served as the Chief Financial Officer of Litewave Corp. since August 2011. He served as the Chief Financial Officer of Canyon Gold Corp from March 22, 2013 to August 2, 2013. He served as the Chief Financial Officer and Principal Accounting Officer of Mantra Venture Group Ltd. from July 1, 2008 to October 2009. He served as the President of Sonora Gold & Silver Corp., since October 2003, Chief Executive Officer from September 23, 2005 to August 1, 2008 and also served as its Chief Financial Officer from September 23, 2005 to August 1, 2008. He served as the Chief Financial Officer and Secretary of Bonaventure Enterprises Inc. (now Iconic Minerals Ltd.) from January 6, 2006 to July 10, 2006. He served as the Chief Financial Officer and Secretary of Altima Resources Ltd. from May 3, 2006 to June 26, 2006. He served as the Chief Financial Officer and Secretary of TransAmerican Energy, Inc., from July 28, 2005 to January 16, 2006. He served as the Chief Financial Officer and Secretary of Odyssey Petroleum Corp., (now Petrichor Energy Inc.) from August 25, 2005 to May 26, 2006. He served as the Chief Financial Officer and Secretary of Opawica Explorations Inc. since August 26, 2005. He has been a Self-employed Consultant through Q4 Financial Group Inc. for public and private companies since 1998. He has accumulated experience in the area of corporate finance, including negotiating and implementing private and public company mergers, as well as facilitating private placement, preference share, convertible debenture, special warrant and debt financings. He provides contract and consulting services to public and private companies including quarterly reporting and corporate secretary services. He specializes in working with early stage companies. He worked with junior oil and gas companies since December 2003. He has been a Director of Montello Resources Ltd. since July 1, 2009, Alliance Growers Corp. since November 1, 2015 and American Paramount Gold Corp. since October 8, 2015. Mr. Petke is a Chartered Accountant at Q4Financial Group Inc. He serves as a Director of Aquarian Gold Corp., and Mantra NextGen Power Inc. He served as a Director of Litewave Corp. since August 2011. He served as a Director of Easy Technologies Inc. since September 2016. He served as a Director at U.S. Oil and Gas Resources Inc. He served as a Director of Sonora Gold & Silver Corp., since September 7, 2001. He served as a Director of EGX Group Inc. since September 2005. He served as a Director of Horizon Health International Corp. (also known as Horizons Holdings International, Corp.) from February 2007 to August 15, 2009. He served as a Director of Mantra Venture Group Ltd. He has been a Member of the Institute of Chartered Accountants of British Columbia, Canada since 1995. He is qualified as a Chartered Accountant in Canada.

CEO Compensation
  • Dennis's compensation has increased whilst company is loss making.
  • Dennis's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Alliance Growers management team in years:

3.3
Average Tenure
  • The tenure for the Alliance Growers management team is about average.
Management Team

Dennis Petke

TITLE
CEO, President & Director
COMPENSATION
CA$491K
AGE
54
TENURE
3.8 yrs

Harvey M. Lawson

TITLE
Chief Financial Officer
COMPENSATION
CA$67K
AGE
71
TENURE
3.3 yrs

Deanna Sauve

TITLE
Corporate Secretary
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Alliance Growers board of directors in years:

3.7
Average Tenure
54
Average Age
  • The tenure for the Alliance Growers board of directors is about average.
Board of Directors

Dennis Petke

TITLE
CEO, President & Director
COMPENSATION
CA$491K
AGE
54
TENURE
3.8 yrs

Ian Lambert

TITLE
Director
COMPENSATION
CA$83K
AGE
74
TENURE
2.7 yrs

Sina Pirooz

TITLE
Director
COMPENSATION
CA$30K
AGE
50
TENURE
3.7 yrs

Rupert Shore

TITLE
Director
COMPENSATION
CA$52K
TENURE
3.8 yrs

Edmund Obasi

TITLE
Member of Advisory Board
TENURE
2.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
17. Jun 19 Buy Ian Lambert Individual 17. Jun 19 17. Jun 19 50,000 CA$0.06 CA$3,000
23. Apr 19 Sell Ian Lambert Individual 23. Apr 19 23. Apr 19 -155,000 CA$0.09 CA$-12,900
17. Apr 19 Sell Ian Lambert Individual 17. Apr 19 17. Apr 19 -50,000 CA$0.08 CA$-3,800
15. Mar 19 Sell Ian Lambert Individual 13. Mar 19 13. Mar 19 -200,000 CA$0.10 CA$-19,000
15. Mar 19 Buy Ian Lambert Individual 13. Mar 19 13. Mar 19 200,000 CA$0.10 CA$19,000
26. Jan 19 Sell Ian Lambert Individual 25. Jan 19 25. Jan 19 -20,000 CA$0.12 CA$-2,300
08. Jan 19 Sell Ian Lambert Individual 04. Jan 19 04. Jan 19 -510,000 CA$0.07 CA$-35,700
08. Jan 19 Buy Ian Lambert Individual 04. Jan 19 04. Jan 19 510,000 CA$0.07 CA$35,700
19. Nov 18 Buy Ian Lambert Individual 19. Nov 18 19. Nov 18 1,000 CA$0.14 CA$135
29. Oct 18 Buy Ian Lambert Individual 29. Oct 18 29. Oct 18 10,000 CA$0.14 CA$1,400
23. Oct 18 Sell Ian Lambert Individual 23. Oct 18 23. Oct 18 -30,000 CA$0.16 CA$-4,575
23. Oct 18 Buy Ian Lambert Individual 23. Oct 18 23. Oct 18 20,000 CA$0.16 CA$3,000
22. Oct 18 Buy Ian Lambert Individual 19. Oct 18 19. Oct 18 425,000 CA$0.20 CA$85,000
X
Management checks
We assess Alliance Growers's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Alliance Growers has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Alliance Growers (CNSX:ACG) Has Debt But No Earnings; Should You Worry?

Check out our latest analysis for Alliance Growers What Is Alliance Growers's Net Debt? … CNSX:ACG Historical Debt, August 2nd 2019 How Healthy Is Alliance Growers's Balance Sheet? … Zooming in on the latest balance sheet data, we can see that Alliance Growers had liabilities of CA$413.1k due within 12 months and no liabilities due beyond that.

Simply Wall St -

Introducing Alliance Growers (CNSX:ACG), The Stock That Zoomed 200% In The Last Three Years

Investors will be hoping that Alliance Growers can make progress and gain better traction for the business, before it runs low on cash. … Alliance Growers has already given some investors a taste of the sweet gains that high risk investing can generate, if your timing is right. … There are plenty of other companies that have insiders buying up shares.

Simply Wall St -

Company Info

Description

Alliance Growers Corp. engages in acquiring investments in and developing projects in the medical cannabis sector in British Columbia. The company is headquartered in Vancouver, Canada.

Details
Name: Alliance Growers Corp.
ACG
Exchange: CNSX
Founded:
CA$3,427,274
85,681,861
Website: http://www.alliancegrowers.com
Address: Alliance Growers Corp.
666 Burrard Street,
Suite 500,
Vancouver,
British Columbia, V6C 3P6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX ACG New Common Shares Canadian National Stock Exchange CA CAD 23. Oct 2015
OTCPK ALGW.F New Common Shares Pink Sheets LLC US USD 23. Oct 2015
DB 1LA New Common Shares Deutsche Boerse AG DE EUR 23. Oct 2015
Number of employees
Current staff
Staff numbers
0
Alliance Growers employees.
Industry
Pharmaceuticals
Pharmaceuticals & Biotech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/22 00:34
End of day share price update: 2019/09/20 00:00
Last estimates confirmation: 2019/01/02
Last earnings filing: 2019/07/30
Last earnings reported: 2019/05/31
Last annual earnings reported: 2018/08/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.