RE:74.88 Per share - 2019 - Analyst will upgrade Aphria shortlyMoneyMa., youd best have a sit down with Prof Corn on Cob.
According to his current 24hr post info, Diageo or some other Behemoth will be making a
play for APH in a few months. (2018)
Remember Prof Corn on Cob is NEVER wrong...willing to sell for a lot less than $ 74.88 sp
APH., $ 74.88 sp take out price aint in the picture... 2018
just saying....
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MoneyManager313 - (6/20/2018 7:00:28 PM) 74.88 Per share - 2019 - Analyst will upgrade Aphria shortly
Current profit margins are 30% for Aphria. In 2019, Aphria expects profit margins to increase with streamline operations to 42% profit margin. Simply put, every gram Aphria sells they make a profit of 2.86$ per gram in pocket. This is assuming average sale price of 6.82 per gram in store. I Know i low balled the price per gram, but im basing it on Oregons supplu and demand projections. Simply put, 2.86$ x .70 % (projected sale of product @ 70% production) x 175 million grams produced = 351 million in pocket (pure profit baby!) divided by shares (225 million with dilution) = eps 1.56 per share x 48 X projected multiple = 74.88 per share.
2019 you will likely see 74.88 $ per share.
You're gonna see analysts start increasing price projections on Aphria. Which is already at 20 low 25 med and $27 per share high.