Why the highly rated Sequoia Fund recently added A2M to the 23 stocks it holds worldwide. Here FYI.
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Why the highly rated Sequoia Fund recently added A2M to the 23 stocks it holds worldwide. Here FYI.
And she’s off.
I thank Bull who counters the over the top protective bias hubris that flys on here and elsewhere..
ATM up heaps and SML down...thats unusual .
Wow!
Not a single comment yesterday even as ATM moved relentlessly towards its previous high since beginning of the year.
Maybe the shorters are rather quiet after feeling the 'burn' as A2M has put on A$1.89 since Dec 31st and on short positions of 50m shares, that's a burn of A$94.5m in a month.
So here's waiting for the panic covering which should take A2M back to previous high when it reports its 1h19 results.
https://www.fool.com.au/2019/01/30/w...ice-was-a-buy/
Good summary of why A2M is indeed an outstanding story.
Meanwhile, UBS joins the upgrade party but behind the curve on valuation.
A2M – UBS rates the stock as Neutral By Broker News on 31 Jan 2019
In the wake of in-house research into the Chinese infant formula market, the broker is more cautious on market outlook but positive on a2. The company is expected to outperform and gain share given its product is the highest regarded yet under-penetrated, and there is scope for price increases. The broker lifts its target to NZ$12.80 from NZ$11.80 while retaining Neutral.