Everyone needs to read the story on the Grizzle website entitled, “Hindenburg Hit Piece-FYI Aphria Upside Not Driven by Latin America.”
Before all u naysayers come out, I say if u take the time to read all the negative articles u better take the time to read this one!
The article has a lot of valid points that provide a great defense on Alphria’s behalf to all these accusations against Aphria.
The main points I take away from the article are as follows:
1) Regilators will not find enough material to come down on Aphria
2) Hindenburg’s attempt to portray the Latin American assets as worthless while ignoring thee real value in Canada
3) Aphria is not a worthless stock as they r the 3rd largest revenue generating pot company w/$314 million in cash just with their Canadian assets even if u eliminate all these other country’s sites with unforeseen income potential from their Canadian site alone. The company only generates 10% of their income outside Canada presently
4) The amount that Aphria paid for the LATAM deal is inline with Canopy Growth’s and Aurora’s acqustions in the same space
5) Quintessential Capital Management has chosen to piggy bank of the back of Hindenburg’s short report for drama purposes only
6) QCM’s prior track record may have contributed to the other company’s downfall, but those reports sidn’t Contribute to those other company’s downfall as much as u would believe
7) When Grego presented his report at the Kase Conferece, he wasn’t able to answer simple questions regarding the tangible value of assets of Aphria’s Canada operation/this he didn’t study Aphria’s financial information very indebtly
8) There is very little information in the report on the person behind Hindenburg’s Research Nathan Anderson. They don’t any credentials showing he is a qualified forensic research expert
9) The short report is a classic case of cherry picking numbers
10) Aphria’s top management team did visit the sites themselves and did do their due diligence before they purchased the assets on the other countries and did acquire 3rd party fairness opinions before buying
11) There is no proof whatsoever Aphria’s pot has any mold or quality issues, as there are no reports filed about the quality of their products/they would be shut down by the health inspectors if there were
12) The fact that upper management is buying more shares is a powerful contra-indicator for the validity of these accusations
13) The allegations of condemned buildings &foreclosed buildings probably reflect more on prior owners of the LATAM assets than on Aphria’s ownership
14) The reports conclusion basically says, the most important/main company’s assets are in Canada and once the company starts generating millions in cash flow on 2019 investors will look back at this point in 2018 as a rare buying experience
15) The report indicates the stock value at no less than $20 to $35 per share
Wow that’s a lot of work from a non texter like me!
Haters are going to hate and I’m sure some people will try to pick this apart, but so be it!
If u can believe the other negative reports then u should be able to read this one with an open mind! If u already have your mind made up against this company, u will never be open to those whom oppose your point of view!
Remember that u need to view the world with an open view and remember, if u r not the lead dog, the view always remains the same!
Give this report a read as it refutes the shorter’s report quite confidently!
AI
