RE:RE:RE:RE:Good reading for Due DilligenceN00bInvesT0R wrote: Vinny57 wrote: Westboro1 wrote: What really makes Aphria stand-out is the new CEO. A proven winner - Irwin's success thorugh his own company Hain Celestial Group and his enabling relationship(s) with the food and berverage industry like Whole Foods says it all. One of the key factors in regaining the respect of Wall Street was to have professional management. Aphria attracted one of the best in the business, and now will get the management and Wall street support it needs.
You are obviously new to this board. Simon has done little for this company and us shareholders. He has systematicly crippled the share price every few months for reasons nobody here can figure out. He has proven to be no better (if not worse) than Vic.
"A proven winner".........I think not!
All the values are in canadian dollar unless stated otherwise Canopy Growth Corporation
- Impairment on assets
- Billions of dollar of Cash Burn but they can afford it
- No profitability in sight or Ebidta Positive
- Closing facilities
- Laying off workers
- Losing share in the recreational sales
- 2 B$ Cash on hands
- Market Cap rounded up 8 B$
- Fiscal 2019 Revenue 399 M$
- Market Cap/Yearly Revenue = 20 rounded up
Aurora Cannabis - Diluting shareholders to acquire alot of companies (they have like 20+ companies)
- Diluting shareholders to raise more cash
- Reverse split to raise more cash 1:12 ratio
- No profitability on sight
- Laying off workers
- Halting construction of new facilities
- Putting on sale greenhouse
- 230M cash on hands
- Market Cap 2B $
- Fiscal year not over, one quarter left 206 M$ Revenue
- Unless they surprise the universe they will end the year with a 9-10 ratio
They show hopes of being back on track, they have an increase in recreational revenues, big pump of the share price, they back at diluting shareholders again with an acquisition.
Aphria - Ebidta positif 4 quarters in a row
- Layed off only marketing people
- Didn't halt construction plans or close any facility
- Serious contender to reach profitability
- 515 M Cash on Hands
- Cash burning like everyone but responsable since Ebidta Positive 4 Q in a row
- Partial share dilution for cash raise, 100M from a institution that payed more than 7$ a share.
- Dilution Senior convertibles notes like all the canadian cannabis companies
- Never reported decrease in recreational sales market in a quarter
- Reported increase in recreational sales 2 out the last 4 quarters
- Market Cap 1.6 B$ Rounded up
- 391M Revenue and missing 1 more quarter to finish Fiscal 2019
- We looking at a Market Cap/Yearly Revenue ratio of 4 no Sweat.
Now lets compare the share price from January 2019 to today.
Aphria
Share price at high of the month of january 2019 : 11,74 $ / share
Share price at the close of June 12 2020 : 5.88 $ / share
Shareholders today have a return on investment of minus 50%
Canopy Growth
Share price at high of the month of january 2019 : 67,62 $ / share
Share price at the close of June 12 2020 : 22,44 $ / share
Shareholders today have a return on investment of minus 67%
Aurora Cannabis (If we compare prices without the 1:12 reverse split)
Share price at high of the month of january 2019 : 9.95 $ or 119.40$ / share
Share price at the close of June 12 2020 : 1.49 $ or 17.91$ / share
Shareholders today have a return on investment of minus 86%
So honestly Vinny, you are sitting on a gold mine right now and Irwin is amazing.
If you are impatient or still feel that it's only Aphria that is taking a hit then I can't enlight you more.
Patience kid and enjoy the free due dilligence that you clearly didn't do. I just wasted 1 hour to do this post, if anyone has a problem with the numbers, you can go have fun and surf between those 3 companies financials and all the news about Aurora/Weed/Aphria
Enjoy the saturday reading.
Well NoobieInvestor, it's nice to have a new target. First of all, it's easy when you "pick" your month isn't it? Let's move ahead 1 month when ACB and WEED were about the same as you quoted but Aphria was $13.50 not $11.74. Secondly, we are far and above (miles ahead) of the other 2 lame ducks when it comes to financials and execution. Therefore, we should be miles ahead in share price and in share holder confidence. Thirdly, I would not say I am "impatient" as I have been a share holder for nearly 4 years now with a fair bit of skin in the game.. Fourthly, "patience 'kid"????????. I would call that a little condecending concidering I am most likely older (and a little wiser) than you.
There are few on this board with more confidence than I have in the success of Aphria. The company is rock solid. The CEO is not. Dilution again and again is not what we 'longs' want to see. More shares out and the timing of "no guidance" were absolute boners. The QR in October will be great. The QR in July will be good. I just hope Simon doesn't do something stupid again to keep the share price down.