Aerogrow International Inc. (fka AERO)

[A go go]

Exactly, I thought we found a good company and we did. Management screwed us. I’m just flabbergasted that the buyout went through. It was a no vote to sell at $3 from last I recalled. I live an hour away from Boulder. I’m so tempted to drive up there and be like wtf. Doubt I get my foot in the door but, I’m sure tempted. Guess all that extra money I was gonna throw at AERO will just go into ERJ, pffff. Sad days guys. We’ll get ours!

[jjr04001]

We found a good company in AERO and that's our reward. $3. Idk how they got away with this.

[Renee]

You should contact both companies to ask when the buy-out will be paid.

[A go go]

There are going to be some lawsuits for sure. I thought the buyout at $3 was voted against. What gives?

[jjr04001]

Any idea when? I didn't see it in my account and my AERO shares went to 0.00

[jjr04001]

Holy crap I thought for a minute that we got suspended.

[Renee]

AERO: Merged with Scotts Miracle-Gro (SMG); Shareholders will receive $3.00 per share.

FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[A go go]

Just hold

[WWOE88]

Hello everyone,
I have some VERY old shares of "AERO Performance Prods Inc Com". Is this the same company I bought? years ago? Thanks for any information you can give me re this.

WWOE88

[Worlds777]

Headed up 6-12$

[Termite7]

It could be that the $5s & $6s were only a short-term promotion. I'm not saying $5s & $6s won't return in the future, but we may have to wait 2-3 years to get there. I've seen this type of thing dozens of times before......

[swampboots]

Yea, what made it lose the 5-6's?

[Termite7]

Down from where? The $6 high?

[swampboots]

AERO: I care what is up with this stock, did it go down because of cash distribution?

[Termite7]

LoL! I see nobody's paid enough to care!!!

[Termite7]

Saw a 120-second commercial on Fox News.....




....they played it MANY times just two weeks ago!!!

[Termite7]

Saw a 60-second commercial two nights ago.......

[banellie]

I am also looking forward to their Grow Everything Appliance (GEA) too. They say the market for it is a billion dollars worldwide, so it will be interesting to see how much of this market they can actually end up capturing. I also wonder what their margins will be on this product, but in their 10-K they stated that their newer products have higher margins so maybe this will hold true with the GEA too. I have several questions though so if anyone could answer them that would be great.

Even without their new and likely best selling future product, their most recent earnings report still showed sales increasing over 3x y/y due to COVID-19, and they expected that growth to last for their full fiscal year of 2021. That sure is some confidence, so how accurate has management been in the past when it comes to guidance?
If that is the case, their net income could be around 20 million this year alone since they won't have to pay taxes due to NOL's. What are you thinking their net income could be this year?

If they do end up making 20 million this year, what kind of multiple should this company receive? Let's just say management is right and sales do increase over 200% this fiscal year. What will their sales be like in the years after that? Will they go back to normal, decrease, or increase? A lot of that will depend on the progression of the virus/vaccine, but their new product launch this upcoming quarter does give me hope of increasing sales from here on out for years to come. Furthermore, I am looking forward to actually seeing what their GEA looks like, but it sure sounds interesting and promising.

It appears to me that this company is undervalued by quite a bit so long as management is correct in their estimation of sales being up over 3x y/y for their current fiscal year. I would think that estimate doesn't even include the GEA, but I am not positive on that. Also, does this company have any recurring revenue? It looks like their seed pods need to be bought for each new crop, but I don't know the margins on that product or what % of their overall revenue it is since in their 10-K they attach "accessories" to their seed pod sales. Any insight would be greatly appreciated, especially since I have never used any of their products. Thanks!

[Pennystomper55]

Hopefully much higher, been a rough few years for this ticker. Hoping the Grow Everything Appliance will sell well when released next year. Hard not to like this company in the long run with Scott's/Miracle Grow owning 75% of it. Few years back they issued a dividend that is more than the current share price when Scoots acquired more shares.

[Maketa]

How high will she go? My godnes...

[Pennystomper55]

How low does she go? My god...

[Pennystomper55]

Good to see, wish they were bigger.

[Traderseppel]

Insider buy's:
https://www.marketbeat.com/stocks/OTCMKTS/AERO/insider-trades/

[Pennystomper55]

Different company, back in 2007 this was still a privately held company. Now its public and a subsidiary of Scott's Miracle Grow.

[WWOE88]

Hello. Can anyone here tell me if this symbol (way back in 2007) use to be AERP ? Thanks for any help you can give me.

[Pennystomper55]

Yuck! Nice punch in the face to start my morning.

Still long term hold!

[Traderseppel]

https://www.investingdaily.com/45679/our-aerogrow-international-stock-prediction/

[PeaceKeepr]

This is going to boom.

[Pennystomper55]

Company will become profitable this quarter, why on earth would anyone be selling their shares here for only $2?

I know the stock hasn't really done anything for awhile but this is defiantly not a $2 stock in the next couple years.

[Pennystomper55]

AERO-GROW - is a Amazon deal of the day for cyber Monday again this year!

Way to go AERO marketing team, keep up the great work!

[Pennystomper55]

Strong financials,

Looking forward to seeing the next batch after the Christmas season!

[Pennystomper55]

Strong financials,

Looking forward to seeing the next batch after the Christmas season!

[Pennystomper55]

Nice day, glad Sessions resigned. Hopefully more green tomorrow, a little volume could do wonders.

[thelionwarrior]

Right. So its only on the list cause SMG.... got it

[Pennystomper55]

As of now basically nothing but the idea IMO is to establish a brand line that is in Walmart, Lowes, Home Depot, Target, Bed Bath and Beyond and create brand awareness Like they have been doing these last few years. They are continuing to release larger and larger AERO-GROW systems and strengthen the financials. As laws continue to change i believe they will release MJ specific Aero-Grow gardens with the same type of Seed Pods but with strains like White Widow, Green Crack, OG Kush, Girl Scout Cookie. Most of their distributes are LARGE box stores and most of them wouldn't be happy selling marijuana growing systems yet because of the federal laws.

In your DD i'm sure you found out Scott's-Miracle Grow has bought out the majority stake in AERO and is issuing loans at reasonable rates to fund our expansion. Things have never looked better for this company, strengthening financials, growing revenues and improving sales verticals. AERO IMO is a sleeping giant in the industry but not yet in the industry if that makes sense. But when AERO joins the party they will have the best sales verticals in the business and a trusted known brand name to sell their products under. Might not be in the next few years but this stock is a long buy and hold here, heck they might even break even this year W/O the marijuana aspect of the business. Great green days ahead here in the future. Hope this helps, happy trading/investing!

[thelionwarrior]

Possible investor. I'm confused. I personally own an Aerogarden. I love the product! However, I'm very confused as to why this stock is on the list of pot stocks? What foothold do they have in the cannabis market?

[Traderseppel]

Good news for #aero: https://realmoney.thestreet.com/articles/09/20/2018/aerogrow-international-ready-sprout-cannabis-surge

[Ed Jucator]

ACCUMULATION!...now just need some analysts to initiate coverage. It should be coming, this company is due to turn a profit as early as next Q.

[Pennystomper55]

;P Loving it! Great volume!

Imagine what volume in the millions could do here ;P

[jjr04001]

Finally, $AERO let's do this.

[Pennystomper55]

Very impressive growth, looking forward to seeing the rest of the year play out!

[Ed Jucator]

Earnings just out...Q1 Rev rose 52% to $3.7M
http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20180813:nGNX6ql3v2

[Pennystomper55]

Looks like Scott's gave AERO another 6M loan to prepare for this winter. 10% interest.

Scott's ownership continues to grow.

[Pennystomper55]

Nice growth of sales within the company, hopefully this next year of financials bring the same. 35% growth in a year is pretty solid.

[Ed Jucator]

http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20180628:nGNX9N8JvQ

[Pennystomper55]

I don't think there will be anything major, hopefully just continued growth in sales and improved margins.

I haven't really looked in 6 months or so but AERO should be getting close to being profitable.

That would be a big step.

[Ed Jucator]

I believe earnings after the close today, as they have a conference call tomorrow(a.m.?) Any thoughts?

[Pennystomper55]

AERO has the best sales verticals in the business.

They do not have a bunch of publicity but are growing very steadily.

And... They have not released any AERO-GROW gardens that are MJ specific, my guess is they are waiting for changes on the federal level. Whenever they do release those products they will be in every Home Depot, Walmart, kohl s, Bed bath and Beyond and many more right along side the normal Aero-Gardens.

Might take a few years but IMO this is one of the safest "MJ" stocks on the market.

Watch out for the SCAMS, the MJ sector is filled with companies pretending to be in the MJ business but their only real business is selling shares.

Check their financials
*Should have substantial revenue - Millions
*Should have financing in place - Not issuing tons of shares for 50% off the lowest 52 week closing price incurring 10% interest to debenture holders
*Should have a A/S in the millions not billions

Lots of pretenders out there.. Make sure to do proper DD and GOOD LUCK!

[Ed Jucator]

Happy, the Co has been quiet aside from last few quarterlies. SMG is their parent Co and they own an 80% stake. I consider it a safer play then straight MJ stocks as they sell LED grow units for all types of plants. They seem to have a firm footing into large retail stores as well as Amazon and other online vendors. Signs of paying off debt and getting leaner here...time will tell.