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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 of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Bullboard Posts
Comment by kingbearon Aug 08, 2019 1:17pm
128 Views
Post# 30007609

RE:It’s staggering how underpriced APHA is.

RE:It’s staggering how underpriced APHA is. It truly is puzzling. Overall we have only pulled back 9%, but still, these financials should have brought us to $11-13. Not much more the company can do. It's also tough when our own Canadian banks do not support Aphria and have such low price targets.
Thewanderer wrote: We are trading at around 1.5 X book value when everyone else in the industry is priced at around x 6. Buyout offer came in around equivalent to 11 $ Canadian and this is before the turnaround and good quarter. We should be trading at the bare minimum 14$ Canadian right now and that’s being conservative. 


Bullboard Posts