Halo Collective 2021 Guidance: Key Analysis By RichTV

For as long as investment has existed individuals have been looking for a slight edge in the market and that edge can take a variety of forms. One of the most common forms of the edge is knowledge and in the age of the internet, it is possible for investors to be highly well informed about almost any stock in the market.

There are plenty of platforms that provide highly reliable information about various stocks and YouTube has recently become one of the more popular platforms. If you are looking for a reliable YouTube channel, then you could take a look at RichTV Live. It has emerged as one of the more reliable channels in recent times and in its latest video, the channel looked into Halo Collective Inc. (NEO: HALO) (OTCQX: HCANF) (FRA: A9KN).

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Major Analysis

There was a good reason why Halo Collective was covered by RichTV Live yesterday. The company had announced its projections for the financial year 2021 and that almost always makes for interesting reading for shareholders as well as prospective investors.

The Halo management has projected that the revenues for the year ending on December 31, 2021, is going to be $75 million. The company has also projected gross profits of $27 million for the year with margins of 5%. On the other hand, the EBITDA losses are projected to be $1 million for the year.

However, it is also necessary to point out that the Halo Collective management has projected that the EBITDA is going to be positive for the quarter that ends on December 31, 2021.

While the RichTV analyst did point out that penny stocks can be ‘super risky’, he was also quick to talk about the sort of gains that the Halo Collective stock has generated in recent times.

In addition to that, the analyst also pointed out that there has been a steady flow of news with regards to the company in recent times and that has also had an effect on the company’s stock price.

While it is true that RichTV does not make any recommendations to its subscribers, the channel has managed to unearth plenty of under-the-radar stocks over the course of recent months.

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