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

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NDAQ:APHA - Post Discussion

Aphria Inc. > Swampwater????????

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Post by Vinny57 on Nov 06, 2020 2:07pm

Swampwater????????

The aquisition has NOT been well received. As I do some DD, I realize that this was NOT a great move after all. WAAAAAY overpaid. I retract my comment the other day. Simple Simon did it to us yet again. Ziggy, you are still correct. Sooooooooooo........... Aphria continues to be the red-headed stepchild, sucking the hind T!T.

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Comment by kingbear on Nov 06, 2020 2:09pm

Vinny, it was a bad play, no doubt. Dilution, 100M of added debt for a non-cannabis play. Simona nd the C-Suite just do not get it. Put it this way, ACB is now going to be in better financial shape than Aphria, they will have less debt, more cash and less goodwill. Vote Him Out.

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Comment by Daredevil1964 on Nov 06, 2020 2:30pm

One of the biggest issues is that the market maker's do not trust Aphria's deal making history. By far the best deal was the least expensive. CCPharma. Well we know how well LATAM and Nuverra went. The market does not forget these things. Honestly thou the whole Canadian MJ sector has made bad deals. But, honestly 12.5 times EBDITA is way too much good will. Aphria should have done a JV ...more

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