http://nzx-prod-s7fsd7f98s.s3-websit...651/285117.pdf
They are increasing their stake
Printable View
http://nzx-prod-s7fsd7f98s.s3-websit...651/285117.pdf
They are increasing their stake
News on Walmart is now selling A2 milk over in States.
https://www.thedailytimes.com/busine...cfc210c4a.html
Hi MauroNZ. The market is always a forward looking beast. Average analyst forecast shows a forward PE of about 30 at the current price which I think is pretty reasonable for such a high growth company. You need to look at the EBITDA loss of (nearly $30m from memory) on U.S. operations to understand that the PE could be lower if they were not investing heavily for future growth.
Honestly I think this is a bit of a lottery where to from here in the very short term. Once we have more data in terms of first half sales for FY19 we'll be in a far better position to understand how their growth is currently tracking. Long term they are probably a good hold but could range trade in the ~ 10.50 - $12 range for a while.
As others have been.
https://finance.yahoo.com/news/bulli...003452713.html