The road to future prosperity is seldom wide, smooth and without bumps along the way. I will probably be telling myself that all day lol
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Currently trading on a historical PER of 27 times.
We may see re-appraisal of growth prospects down to 20X - 22X in the next few days - $8.36 to $9.20.
As my investment mentor used to tell me, don't wait for others to move or follow when facing a downgrade - move fast and move first!
Not impressed at all, was sooo close to dipping my toes into this one but ended up with a few more OCA instead. Was only looking at it to diversify the portfolio a little but best to just stick with what I know, the milk industry isnt for me "yet"
The big over reaction on the market about to take place on a measly 20000 odd shares.
$9.85 in pre-open. We are going to get smashed today!
pe silly for a manufacturer wise people should have taken profit before result in knowledge that a2 screwed them on price
Ouch! Down 144 ...
Ah well - I had a bad feeling when the new CEO introduced during last years AGM this new colour schema. Is it just me getting goosebumps with that much pink? I guess we are here still selling milk, aren't we? Prefer as well black numbers instead of soft red-ish (sorry, is this pink?) bars.
Net debt as high as it ever was and predicted to increase. Lets hope interest rates stay low - shall we?
Attachment 10403
Ah yes - and the gross profit trend dows not really look encouraging. Sure - one number does not make a trend and two is still a bit light, but now with three HY results it does look like an established downtrend:
Attachment 10404
Appologies for the colour schema - I know it looks terrible, but I don't know how to get rid of this ugly pink ...