Good to see someone else agreeing with my $3 valuation.
SNOOPY
Printable View
Would have thought the valuation is whatever someone is prepared to pay...
If you're prepared to pay only $3...probably need to accept that 99.9% of people would not sell to you for that price.
Even my rather conservative cashflow modelling is coming up with something over $5...and that's with a HEFTY discount rate to account for the risk. If I apply a more normal discount rate, coming up with something around the current share price.
Disc: hold (again).
Watching closely on the sidelines for Tuesdays comments, I will be back in if the forward projections look good,otherwise happy to let the dust settle.
Needs a wee rest.
I take it you have read last weeks info.
http://www.asx.com.au/asxpdf/2017111...38mqwxnyjp.pdf
How much extra are they likely to say at the AGM considering this is so recent except for details of any dividend in the near future.
You will notice from the presentation that a2 are now making a point of saying their products are A1 protein free. The forward ramifications of this will be huge in the future. IMO
discl. Hold