OTCPK:APHWF - Post by User
Post by
Jimmycashon Aug 14, 2021 10:16am
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Post# 33705978
Bad time for release.....but not all negative
Bad time for release.....but not all negativeI agree, reporting the quarterly report on a Friday at 5pm is about as juvenile as you can get. Its like they don't want their parents to know they recieved bad marks. They did forcast that things were settling down bs wise, so no surprise there and mention was made on the release of an accelleration going into 2022, so thats a positive as well. As far as the debt, if you look at page 5 on their financial results on sedar you will see current debt stated as - (nil). Line 10 was for redemption of class B shares. So, very un proffessional but indeed debt free and forcast of an uptick. My quick math on their 10M adjusted earmnings going forward that would value them a 10 times yearly (40M) puts them at a 400M valuation right here (north of $5 p/s.) and things to get better.