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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

Comment by CaneIsAbelon Apr 07, 2021 7:33pm
149 Views
Post# 32954338

RE:RE:The market in general was odd today

RE:RE:The market in general was odd todayYes that sometimes does occur my friend but always notice what happens a few days or weeks after that. The news sinks in and the SP begins to reflect the numbers. This analyst pricing in a disappointing quarter still rated Aphria a Hold with 17.50 target. That's assuming we disappoint and that's from that steifel article everyone seems to put stock in. It didn't scream sell sell sell or anything. If for a moment we lend it some credence it did say 17.50 price target based on their analysis on a disappointing quarter. They didn't take into account SweetWater is part of the equation. We have an upcoming merger and a stellar quarter and even if numbers do disappoint (they won't) Aphria will still trend to the upside in the coming weeks. Aphria reported the last quarter a massive growth in recreational revenue. We also reported a hefty loss. The loss was do in part many of Aphrias financial obligations were being paid down. Imagine you have 50 grand less in your chequing but fifty grand less in debt because that's what you used the money for. It's not so bad is it?  Aphria in the same way primed itself by taking the hit last quarter. It was all a plan that tilray run efficiently as possible and cut costs (they accomplished that). Irwin planned this with every T crossed and last quarter reflected that including tilrays cost cutting. He will report a stellar quarter leading into a massive merger creating a global powerhouse even Reddit kids won't deny. Aphria is trending fourth most talked about on wallstreetBets. These cheap prices are being noticed my friend. Just hang on because the roughest roads always lead to the top of the mountain. You ever climb a roof as a kid. Always the rockets dangerous narrowest part led to the very top. That's where we are now be patient 
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