GREY:ALEAF - Post by User
Comment by
sincitywizardon Jul 13, 2020 12:20pm
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Post# 31260838
RE:RE:Aphria up over ten percent today..
RE:RE:Aphria up over ten percent today.. What''s up, is that Stifel analyst upgraded Aphria today. Basically saying that it trades for 4.4 X next years (2021) predicted sales, while it's peers trade at a higher multiple of 5.4. As profits grow at Aphria, the analyst thinks Aphria will trade at 6X sales.
Now let's extrapolate... Seeing that ALEAFIA currently trades at a much lower multiple,about 2X sales... We have a gem in the rough here... Let's say we just get 4x sales, that's a quick double from here. 6X .. Well that love from investors is coming eventually... You can do the math.. (3x current share price to get to 6X) It's all good from here... Every day we are a step closer to Harvest of Outdoor, and now we have perpetual indoor as well. Things are looking UP!