RE:Positive thinking neededAPH LATAM investment in Brazil
Election looming, economy, citizens suffering.
Could this affect APH share price ?!
Oct 05, 2018 1:52 PM ET Brazil's 'Donald Trump' gains ground
Jair Bolsonaro, the controversial far-right presidential candidate, appears to be heading for victory in the first round of Brazil's election this weekend.
The 63-year-old former army captain has gained 12 percentage points in the polls since he was stabbed at a campaign rally early last month. And he now enjoys a 13-point lead — 35 per cent to 23 per cent — over his primary competitor, Fernando Haddad of the left-wing Workers Party.
The crowded field of 13 candidates makes it unlikely that anyone will obtain the required majority for a clear first-round win on Sunday. But if, as expected, Bolsonaro is among the top two finishers, his chances of taking the presidency in the Oct. 28 run-off vote seem strong. A Datafolha opinion poll this week gives the populist firebrand a two-point advantage over Haddad in a head-to-head matchup, 44 per cent to 42 per cent.
Voting is compulsory in Brazil, and 147 million people are expected to cast their ballots this weekend.
Bolsonaro, who was discharged from hospital last weekend, returned to the campaign trail last night — giving a one-on-one interview to a sympathetic television network. The sitdown overshadowed the final debate of the campaign, which was being broadcast at the same time on another channel.
He hit some familiar themes, vowing to crack down on Brazil's soaring crime — more than 62,000 people have been murdered in the past year — and reinvigorate a stumbling economy that has left 13 million people without a job.
But Bolsonaro's promise to unify the country behind him will be a stretch.
Over his 27 years representing nine-different parties in Congress, the self-styled political "outsider" has offended freely and frequently, making disparaging remarks about visible minorities, women, homosexuals, the poor, and expressing his preference for a military dictatorship over democracy.
Bolsonaro is drawing much of his support from Brazil's large Evangelical Christian community, who are enthused by his vows to limit gay rights, get rid of sex education and ban abortion.
In fact, the polls suggest that Brazil is becoming as polarized as the United States, with 45 per cent of respondents saying they would "never" vote for Bolsonaro and 42 per cent expressing the same sentiment about Haddad.
Yesterday, the Workers' Party — whose most popular figure, the former President Luiz Inacio "Lula" da Silva, is in jail serving a 12-year corruption sentence — debuted a new campaign commercial on its Twitter feed.
The black-and-white spot features clips of some of Bolsonaro's most controversial remarks, intercut with footage of Adolf Hitler.
A stand-in for the right-wing candidate is seen struggling to control his arm — la Dr. Strangelove — before he finally gives the "Heil" salute.
The last image is a drawing that turns the 'L' in #ElNao into a nose, with a familiar mustache underneath.
Tens of thousands of Brazilian women took to the streets last weekend to protest his candidacy, waving signs and banners emblazoned with a popular hashtag #EleNao (NotHim.)
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| Advanced member | Duediligence33 - (10/5/2018 7:16:52 PM)
Positive thinking needed Is the actual business plan on track ? 700,000 sq ft to be added to the 300,000 at Aphria One and 1,000,000 at Aphria Diamond on track with state of art robotics and self contained electrical co generation. Low cost production and positive Ebitda. Any one looking at a real business after the NYSE listing will be impressed to buy a sustainable business. A multinational relationship with Diageo and/or Pharma is in progress. As shareholders we focus excessive energy on daily share price swings. Recent selling by Scynthian has put pressure on sp but that will end and we have enormous LATAM resources to show for it. Remember just 3 weeks ago the entire float was turned over at much higher prices with Credit Suisse a major buyer and NOT seller in the $ 20 range. Smart money is in and retailer buyers for a quick flip got "stopped put" and had to cover margin as the loan risk was reduced from 50 % to 25 % on all POT stocks by all the 5 banks due to excessive speculative buying on margin. The share price will stabilize around $ 16 ..... |
| Advanced member | Duediligence33 - (10/5/2018 7:16:52 PM)
Positive thinking needed Is the actual business plan on track ? 700,000 sq ft to be added to the 300,000 at Aphria One and 1,000,000 at Aphria Diamond on track with state of art robotics and self contained electrical co generation. Low cost production and positive Ebitda. Any one looking at a real business after the NYSE listing will be impressed to buy a sustainable business. A multinational relationship with Diageo and/or Pharma is in progress. As shareholders we focus excessive energy on daily share price swings. Recent selling by Scynthian has put pressure on sp but that will end and we have enormous LATAM resources to show for it. Remember just 3 weeks ago the entire float was turned over at much higher prices with Credit Suisse a major buyer and NOT seller in the $ 20 range. Smart money is in and retailer buyers for a quick flip got "stopped put" and had to cover margin as the loan risk was reduced from 50 % to 25 % on all POT stocks by all the 5 banks due to excessive speculative buying on margin. The share price will stabilize around $ 16 |