Post by
sthinei on Feb 28, 2021 12:04pm
Is Aleafia close to bottom or topping out?
I would have to think closer to a bottom than topping out. Comparatively aleafia is ageat bargain in this sector that would addsignificantly to another companies forward guidance in an acquisition and allow for an acceleration to lower cost production. Either the stock goes up on its own or hhey may be subject to MA activity. Why? Cronos just posted results and they had revs of 17 million in this past qtr. They have been buying product from wholseslers likely Aleaf periodically. ALEAF is going to post similar type revenues in their december qtr. Buying from aleaf cuts into their margins. Cronos has a market cap of 3.8 billion with over 1.3 billion in cash. Makes no sense that aleaf can post back to back revs similar to cronos and be lowest cost producer in sector .10 outdoor and .50 indoor have largest clinic network in Canada and be trading at 5% of the market cap of CRONOS. Something has to give.
Comment by
stockboy52 on Feb 28, 2021 12:38pm
And why is it we are bullish at x5 market cap and other companies x10 and higher? Market sentiment or are we just not there yet? Good company bad stock vs bad company good stock scenario? Aleafia is doing things right (cheap grow, medical, EU etc) just don't get why this sp isn't higher.
Comment by
stocktracker101 on Feb 28, 2021 2:44pm
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Comment by
stockboy52 on Feb 28, 2021 4:25pm
Hey Stocktracker...thanks for your post. Informative and appreciated as always.
Comment by
lmplications on Feb 28, 2021 6:11pm
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lmplications on Feb 28, 2021 6:19pm
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Comment by
Obserrverr on Feb 28, 2021 2:48pm
What Aleafia needs to do is establish a pattern of good growth, earnings and net profit. They just started this process in September with the greenhouse and a outdoor crop in October, OCS SKU's etc. How much faster do you expect it to happen?
Comment by
GoldenEra on Feb 28, 2021 3:24pm
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lmplications on Feb 28, 2021 6:09pm
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lmplications on Feb 28, 2021 6:07pm
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