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Bullboard - Stock Discussion Forum 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... see more

NDAQ:APHA - Post Discussion

Aphria Inc. > A word of caution
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Post by stocktradinguru on Apr 14, 2020 10:30pm

A word of caution

If you read the details of the financials, APHA can no longer provide revenue/sales guidance for next quarter due to the pandemic. 

And so, this stock will not continue to show higher highs on the weekly.

In fact, the longer the pandemic, the greater the possibility that 4th quarter earnings ( July) will be lower than reported revenue this evening.

Comment by savantsguard on Apr 14, 2020 10:34pm
Except OCS sales are up 400%
Comment by adonis87 on Apr 14, 2020 10:37pm
This is copied from this los”r earlier post “Zacks tends to be very accurate in its earning estimates, and so we have probably topped out at $5.21... Pull the slot machine...Flip a coin...You never know the day before earnings. I will call it a lower high tomorrow. Hahahahaha wrong 
Comment by ProfCornelius on Apr 14, 2020 10:41pm
$$$$$$$$$$$$$$$$$$$$$$$ You forgot one important fact moron. In Q4, (the last 45 days) Aphria has already done 65%-70% of the rec sales that it did all last Q. Do the math! Boom. Prof
Comment by Knewbie on Apr 14, 2020 10:47pm
Sales in cannabis in Canada has exploded because of covid. People stay home get baked!! 
Comment by KnowNot on Apr 14, 2020 10:44pm
A word of caution ... Pay no attention to someone who doesn't know we are presently in 2020 Q4.
Comment by Aphriacusty on Apr 14, 2020 10:57pm
No, this pandemic was the one thing no one could have predicted to funnel customers into the legal market from the blackmarket. Prices are now competative and the last of the blackmarket store fronts are finally closing, the government is incentivized to help finally as they need the tax $ . This is almost a perfect storm for Aphria!!!! Congrats boys!!!!!!
Comment by hightimes on Apr 14, 2020 11:07pm
Not to mention sliding out " if we are not going to meet our annual financials we will let you know sometime next year"- after germany/EU is killin it, might have a JV(LHS, Diegeo, Coke), might have a legal USA, pumping out 255, 000 under a buck- about the same time we forgot all about it. Enjoy the ride up again
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