AFT Pharmaceuticals

[trader_jackson]

https://www.nzx.com/announcements/337220

So virtually $0 cost to AFT, with potential millions and millions in upside? Sounds good to me!

Reading between the lines, they are also saying the $9-$12m FY20 operating profit guidance is an absolute worst case scenario.... it could in fact be double that bottom ($9m) figure.

The excitement continues!
and (still) nothing to do with medical cannabis

[winner69]

Mention of the famous Mayo Clinic worth a bit to the share price I reckon

[BlackPeter]

Mention of the famous Mayo Clinic worth a bit to the share price I reckon

For sure - why else would they mention it three times in a one page announcement?

[trader_jackson]

For sure - why else would they mention it three times in a one page announcement?

Jeez, they should have mentioned it a bit more... For example, Timber is mentioned 13 times.
Bit like the subtle potential massive profit upgrade... AFT clearly like to understate the big stuff.

[BlackPeter]

Jeez, they should have mentioned it a bit more... For example, Timber is mentioned 13 times.
Bit like the subtle potential massive profit upgrade... AFT clearly like to understate the big stuff.

Well ... talk is cheap. Lets see, whether the money follows ;

[percy]

I keep a very good product in my car and medical chest .
It is "Crystaderm" a first aid cream.
Brought more the other day, and noticed it is distributed in NZ by AFT.

[trader_jackson]

https://www.stuff.co.nz/business/ind...y-worth-us300m

Market cap is only $300m, they just signed a deal that could be worth that (on top of the $85m+ in annual revenues they already have)... Shares should definitely go up Monday, and with results due in 2020, $3 could be dirt cheap come this time next year (and if you got in at $1.70 a couple months back... well that was really stupidly cheap!)

Worst case (ie the deal is a complete failure), AFT has spent $0 and still has its existing product line (with double digit revenue growth since founding pa, and increasing margins)... best case... well the sky's the limit!

Substantial earnings growth in FY20, potentially game changing contract beginning in FY20/FY21 (with $0 cost to AFT), AGM in less than a months time... exciting times ahead!

[Chanchay]

https://www.stuff.co.nz/business/ind...y-worth-us300m

Market cap is only $300m, they just signed a deal that could be worth that (on top of the $85m+ in annual revenues they already have)... Shares should definitely go up Monday, and with results due in 2020, $3 could be dirt cheap come this time next year (and if you got in at $1.70 a couple months back... well that was really stupidly cheap!)

Worst case (ie the deal is a complete failure), AFT has spent $0 and still has its existing product line (with double digit revenue growth since founding pa, and increasing margins)... best case... well the sky's the limit!

Substantial earnings growth in FY20, potentially game changing contract beginning in FY20/FY21 (with $0 cost to AFT), AGM in less than a months time... exciting times ahead!

The $300m is the market opportunity in USA for that disease, the deal struck is not anywhere near that kind of money. The deal is good. But the $300m number thrown around by media is sensationalist lazy reporting of the press release.

I think we will see some modest gains next week. Maybe to the 3.30 level or so we have already had great gains since the 1.70 level a few months ago. Just my thoughts

[trader_jackson]

Share price up again, now at $3.15... less than 1.5% from an all time high now. Wow.
Probably will slip back to somewhere between $3 and $3.15, but after AGM will be probably be $3.30+... one thing is for sure: the naysayers probably still in denial.

[BlackPeter]

Share price up again, now at $3.15... less than 1.5% from an all time high now. Wow.

...

one thing is for sure: the naysayers probably still in denial.

Interesting oxymoron - but name calling always ugly. Do you really need to lower yourself to such a level?
It just shows how insecure you are that you need to call the people you disagree with "naysayers". Pretty trumpesk.