RE:RE:RE:RE:RE:Good reading for Due DilligenceVinny57 wrote: N00bInvesT0R 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.
The point of the post was to prove that it's not only Aphria that is having a rough time with the share price but the whole sector. Difference is that Aphria don't deserve this bad share price but it's not because of Irwin, it's because of the market that puts us in the same basket and doesn't see any difference between the companies. The only difference they see is cash at hands, the analysts and articles always brag about Canopy Growth Constellations cash on hands and Cronos Altria cash on hands. At least now the sync in the share price action has dramatically decoupled.
No one really cares for how long you been holding the stock because clearly you just like to complain in all your posts and focus on the negative aspects. Between 2018-2019, all the cannabis companies payed for the sins of other cannabis companies. From the short report to Aurora being super low in cash,to Bruce Linton fired, to Canntrust, to Ontario stores opening really slowly and causing cannabis companies to miss sales target, and many other bearish events.
My goal of my posts is to make you understand that you need to look at the overall market and what's going on with the competitors also before blaming a CEO and understand that in the environment we had in 2018-2020, if we go up everyone goes up and if everyone goes down we go down. We can't magically surpass everyone even if our performance proved we deserve it because that's just how the market was.
2020 is now a game changer, look how Aurora cannabis reported relatively "good results" and rallied while other cannabis companies didn't rally as much.Canopy was down more than 20% and we were only down by 3% that same day. Earlier this Week Hexo reported results, look how Hexo was green while the rest of the cannabis sector was red. If we were still in 2018-2020 we would of tanked or rallied the exact same percentages.
At least the posts I did so far will help shareholders that are feeling sad/angry/dissapointed to feel better because they now realise that amongst all the canadian cannabis companies out there, Aphria is the smartest choice. You are entitled to your opinion but making post where you always complain about the CEO really doesn't help anyone.
Specially when we see that Aurora doesn't have a CEO anymore and since Bruce Linton there has been 2 new CEO for Canopy Growth. So no offense but please spare us your annoying posts.