No no mate ....$13 at least
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A great bounce back today.
Well done to all who held onto their ATM holdings yesterday (in the face of adversity)
Well done to those who upped their holdings yesterday.
Commiserations for the sellers, but this is one stock we shouldn't let the insto's rob us of our precious shares at crazy discounted prices. Take a long term view on this one and don't be blinded by short term manipulations.
I live in Hong Kong. And I concur the comments by Sideshow Bob. The A2 products are shelved in Mannings, as well as over 100+ Watsons stores and supermarkets chains owed by AS Watsons Retail group here in HK, a member of the CK Hutchison Holdings.
Although I don't have the sale figures and not standing in the store 24/7, I walk pass one of the most popular Mannings stores in HK, the one located at a Kowloon Tong shopping mall, I constantly see people ("ants") shopping for the A2Milks, and packaging them in their suitcases.
Last but not least, the recent field trip findings by Harbour aligns with what I see and experienced here in HK.
Too right, A2 made a right clown out of me yesterday. Bought 4000 on Tuesday for 13.38 sold them on Wednesday for 10.48 hopping to get in a bit lower, but it was moving so fast ended up buying them back for 10.84, 11.18 and then some new ones at 11.30, was ready to join the Circus, felt like a dog chasing his tail. Had a bit of a laugh at end of the day, lucky it was only a small percentage of holding.Going to hold on tight for next update/announcement:D.
great trading as usual down 2 up 1 lol great a
https://hotcopper.com.au/attachments...s-pdf.1106551/
Note their EPS estimate for FY19 of 43 cps ! Forward PE for FY19 at $11.70 is just 27, just a little more than Ryman and which company is growing faster !
I dug out this Feb 18 forecast from Macquaries...... (note not yet updated) However at FY18 27cps and FY19 40cps - it is pretty consistent IMO.
Attachment 9676
Having a look, GS have been consistently spot on with their A2 coverage over the past couple of years...
Attachment 9679