OTCPK:APHWF - Post by User
Comment by
gary7789on Mar 24, 2021 12:39pm
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Post# 32866920
RE:RE:AHC common & warrant sale!
RE:RE:AHC common & warrant sale!Good points for sure. I guess one option is to be patient given the stellar balance sheet, the fact that its consumer staples & isn't going to become obsolete, and wait to see what the bros do with the cash that is being generated. No telling that that will happen anytime soon so patience is the order of the day. And I would guess that many are standing on the sidelines waiting to see the results post-COVID. To me, the very important key is if they are successful in selling other personal care products into Costco North Amierica/global. One major sku into Costco global could mean $50 - $100 million in annual revenue. However, they can't say anything! Costco would kill them and cut off the relationship would be damaged very badly if they said anything. Costco is like Apple with its vendors of its Kirkland products when it comes to that. One big hit there would certainly replace hand sanitizer which isn't going to go away completely for a long long time. The bros need to be "good corporate citizens and apply good governance" in the meantime and not slip up on that. That is really important obviously. The businesses they are in are NOT sexy categories.