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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
Comment by bionicjoeon May 20, 2019 10:21am
116 Views
Post# 29760602

RE:RE:Best is yet to come!

RE:RE:Best is yet to come!These type of intended comforting posts are best saved for when Aphria's sp gets back to where shareholders feel more comfortable that the market shares the opinions expressed. At present that is not the case with the CDN sp mired at $9.21 from a 52 week high of $22 bucks. Somehow the rah rah sentiment doesn't ring true when Aphria has yet been able to stage even a minor valuation comeback.

Maybe a shareholder who bought in 4 years ago when the price was a lot cheaper has the luxury to be magnanimous but for others who invested at a much higher figure and likely in the red it is becoming increasingly frustrating to say the least. It's truly amazing how quickly the market will turn against you and just importantly, fail to embrace Aphria's corporate re-structuring plan. I believe had the last quarter's financials not shocked the market as it did, the sp would have a healthier glow about it that one financial report has put a hammerlock on the ability to move on.  All the best to Irwin Simon in turning this ocean liner around. I'm not ready to pop the champagne cork on Aphria just yet but maybe soon.
Bullboard Posts