RE:RE:RE:same revenue as aphriaI think we see that SP range by FQ4 FOF, and based on Dhaliwal's guidance I don't see any good reason we shouldn't see the $2.30 range by FQ3 as long as they meet or exceed guidance.
We should see last quarter results in the next couple of weeks and if we are in the $25-30mil sales range we should be well on our way to $2...the in-house packaging progress is going to play a big part in the overall progress. We will see dried KK and pre-rolls on the shelf in the next couple of months, hopefully for Xmas and the oils both domestic and in Europe pick up significantly over the coming months.
With profit realized by FQ4, $3 should be in the rear view for good. All the best, everyone needs to do their DD and buy, sell or hold accordingly, JMHO...Opt
FOFOHIVE wrote: When you say 52wk high. Can you see it being between 2.30- 4.00?
OptGreen wrote: APHA is in the same boat as most in the sector jay, trading at 30-40% of their 52wk high. The question now is which companies will be moving north from here, what will their sales and net margins be going forward...the same criteria for every company in every sector. What is their potential for growth and profitability?
There are few, if any, that will preform better with FIRE from here...FIRE should realize better sales growth and show profit over the next couple of quarters, many will be some time before paring losses and some never will. FIRE will better it's 52wk and all time SP highs by end of calendar year 2020, of which there will be few if any that will even come close.
The MJ sector is going to be held to the same criteria of valuation as any other from here on, earnings and net margins will determine who survives and who doesn't or gets bought out. FIRE will be one that will survive, prosper and reward those that own, JMHO...Opt
jayc1 wrote: Fire made same amount of money as Aphria and we are way down. I understand we have 100 mil more shares then Aphria still its one of the few profitable companies in this sector. Am i missing something? why is market not recognizing this company?