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Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Bullboard Posts
Post by MoeMoney101on Aug 07, 2018 4:38pm
230 Views
Post# 28423578

Aphria now trading @ 47.5 X

Aphria now trading @ 47.5 XI never thought i'd see the day that Aphria would be below 50 X multiple prior to legalization.  Technicals tell me (Hint to those downplaying Aphria) that major resistance is 9.62 - 10.11 $ ps. Seeing that Aphria is the lowest cost producers and Tetra Bio pharma surged 16% (Aphria owns 1 million shares), Liberty Health sciences surged 4 % (still owns some 27% i believe), Medlab surged 3.3%, Fire and Flower is higher, etc... Not one stock was down on the day that Aphria has a stake.  Moreover, Aphria is leading in a number of metrics including cannabis production, earnings, cash flow, and even global expansion.  Moreover, Its forward looking earnings and profit margin with unrealized growth for international expansion is looking some delicious. Heres another point, I can read charts! Look at me! (MACD, RSI, Moving Averages, etc..) I see alot of uncertainty on direction. I do see, major resistance at 9.62 - 10.11 $ ps.  I also am aware that stocks surge towards the end of prohibition. I also have two eyes, the stock has dropped 22 times out of the last 31 days.  The most recent losing streak was the past week and a half. Now when i compare APH to other LPS (All metrics involved) Aphria is so grossly undervalued that I'm not even sure people are aware the stock in no way shape or form is destined for 8 - 9$ as people make you believe. After a 40% drop in a month and a bit, all I can say, I bought in at close today.  Not sure if people have been reading up on forecast multiples for Marijuana stocks in 2019. Ill tell yeah, its much higher than 47.5 X   
Bullboard Posts