OTCPK:APHWF - Post by User
Comment by
zalmonellaon Aug 17, 2021 2:14am
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Post# 33715384
RE:RE:RE:Bad time for release.....but not all negative
RE:RE:RE:Bad time for release.....but not all negativeWhat is motivating you to stick around? Why not sell and move on to a more growth oriented stock? This is going to be a value play all the way through.
It is? With a new plant running at less than 50% capacity? The decision to move on isn't made any easier by being underwater now, but I remember at the time, I thought "Hmmm, JWEL or ACH,... JWEL or AHC?" My decision was JWEL was a value play in a mature market, while AHC was all turned around, looking at entering some big new markets, and with a COVID boost to help out, should have been anything BUT a value play. Never mind that the MD&A specifically states that they've hired a consultant to find them new opportunities to buy with their $50M war chest. AHC has 'go-go' stock written all over it.
No, this is no value play. But it has to be run responsibly nonetheless, so when ther'es a huge writeoff of inventory that Finnish Flash thinks is accounted for in revenues off by more than 50%, don't you think that's a germane item to comment about? Especially when it's due to a sourcing error by management?