gottahunch wrote: Is the glass half full or half empty? Point is it all depends on how you want to look at it.
Given the 90 day plan was communicated with earnings April 15th, my assuming is that at a latest it started then, which brings us to 60 days left. Tick Tock.
Tipranks.com maintains an $18 US target on the stocks from analyst research.
In terms of the market never being wrong, I would say the market can temporarily be wrong LOTS. Was the market wrong when we went to $5? I would say yes our value is obviously much more. Same with VFF's recent attack and recovery. We have a stain on us from the short report and earnings mentioned it will take time, so perhaps one more bad q. But Irwin has committed to 1 billion in 2020 and it's easy to do the napkin math. That's why the analyst predictions remain where they are.
Things change in a heartbeat and you don't know what next week brings. We do have HC approval pending and hopefully we get that soon. Maybe they will surprise us with some sort of other news. Prof mentioned some tours recently at the new facilities. I have no reason to doubt that the mgmt team isn't doing everything they can to get the value of the company up, after all many of them are shareholders as well, and have been buying. You need to look no further than the new guys comments on linkedin that was posted here hinting about amazing things that are coming.
I choose to believe, at least until November's earnings call, then I'll re-evaluate. GLTA
Daredevil1964 wrote: I am not bashing here either. The fact is no one knows what the 90 day plan that Irwin was referring to. When does it start? It also means that all the work previous in terms af a diriection are finished and wasted. The 3 months it took to refute the QCM claims could of been done much quicker. The guidance going forward for the next quarter that was stated tells me that this upcoming quarter will not be very good either. In fact could there be another write down? The market has valued Aphria minus Nuuvera and LATAM. Those assets are not worth nearly what was paid for them. Whether you like it or not the share price is validation of the early December woes. The market is never wrong. We have no idea about Irwin's 90 day plan initation, we have a President departing, we have a questionable past, we are not going to meat MJ production deadlines set out by Vic. We have no partner nor is there one lined up. This stock is trading like an over the counter penny stock. No news on the horizon and a continuing down trend since the Nuuvera deal. This will take several months before advance. The German license and P4 and 5 approval did not help the SP. Aphria only owns half of Diamond, the extraction centre should give us a boost on would think, but who knows. The 255,000 KG production which was promised and the date has passed is a weight on the SP. Irwin will have 6 to 12 months to right the ship by market standards, if there are problems who knows how the market will react. Institutions want to make money in houes, minutes and seconds, not months and years. Aphria is not a stock that has any respect. IE ACB earnings were short but, the market overlooked it. The allegations that hit Aphria will be very challenging to overcome. If someone wanted to partner up, now would be the time, Aphria is cheap for any global player to get into. However, there isn't a stampede breaking down the doors. The price to book is a great measured investment, agreed, but the drama is killing us and the SP. I know you all will hate me and say I am bashing, trhat is fine, but the truth is the truth.