Sharechat news says - A2 disappointed investors with its May forecast when it said first-half gross margin of 49.8 percent was likely to carry through into the second half
Wonder what second half margins ended up being?
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It worries me that bull trusts Goldman's. Lol.
past experience shows if it drops hard in aus it bounces quick ... see if the same happens better than a slow grind down lol
30% margin on sales of nearly billion dollars, not sure anyone with a right mind would disagree with that kind of profitability.
We’ll be over 12 bucks by days end
Woohoo !!!! They just did $262m for the last quarter against guidance of $250m (4.8% beat for the quarter against mid point of forecast for those that want to know the facts) so I'd say they're comfortably on their way to your target for FY19. http://www.4-traders.com/A2-MILK-COM...ncials/Trading on a forecast FY19 PE of 31.