-
02-07-2019, 01:10 PM
#13251
Bought more yesterday, seems to be moving higher every day. Good value under $15, reasonable value at $16. Fair price around $16.50. forward pe for fy20 approx 30, pe of 35 for current fy19 which is now over. Plenty of growth left in a2 even if it's of a larger base therefore smaller percentage wise. Cash flows are very tidy, China risk hurting us a bit but I see Chinese consumers still wanting nz/aus product vs local and paying for the privilege.
-
02-07-2019, 02:04 PM
#13252
Originally Posted by NZSilver
Bought more yesterday, seems to be moving higher every day. Good value under $15, reasonable value at $16. Fair price around $16.50. forward pe for fy20 approx 30, pe of 35 for current fy19 which is now over. Plenty of growth left in a2 even if it's of a larger base therefore smaller percentage wise. Cash flows are very tidy, China risk hurting us a bit but I see Chinese consumers still wanting nz/aus product vs local and paying for the privilege.
Likewise, did another small top up y'day just to ride in with upcoming earnings report in Aug or a trading update sometime this month.
An expected (my own) 40% growth in earnings is not something to be sneezed at when most companies are struggling to grow earnings in single or low double digits.
Big thing i'll be watching from FY report is re growth momentum in the US.
-
02-07-2019, 06:02 PM
#13253
As expected, sp drops away in aus. after our close 5pm. Like it when that happens, hopefully cheaper buy in tomorrow morning.
-
03-07-2019, 08:39 AM
#13254
An article showing another great reason for farmers to change their herd to A2A2
https://www.weeklytimesnow.com.au/ag...f1b8aec6b087d5
-
03-07-2019, 04:44 PM
#13255
Knocking on $15.00
https://www.shortman.com.au/stock?q=a2m
The shorts are gonna get burned again!
Rest of us cannot but wonder.
Last edited by Balance; 03-07-2019 at 05:05 PM.
-
03-07-2019, 05:19 PM
#13256
Originally Posted by Balance
>6% shorted, they are on the wrong side of the momentum, enjoy the run.
-
04-07-2019, 07:15 AM
#13257
Int. markets humming on trade "promises" between China and Trump. See how long it lasts. Should be good run for ATM - heading towards $15.50? Momentum continues and shorters in trouble. I still see this moving to $16 as current fair value.
-
04-07-2019, 10:32 AM
#13258
Originally Posted by NZSilver
Int. markets humming on trade "promises" between China and Trump. See how long it lasts. Should be good run for ATM - heading towards $15.50? Momentum continues and shorters in trouble. I still see this moving to $16 as current fair value.
New uptrend formed in last 2 weeks. Looks to be going up 50c a week until next update. I'm liking the look of $17 coming soon.
-
04-07-2019, 11:31 AM
#13259
Originally Posted by see weed
New uptrend formed in last 2 weeks. Looks to be going up 50c a week until next update. I'm liking the look of $17 coming soon.
The number of A2M shares shorted says ATM sp will reach a new high on the next update.
-
04-07-2019, 03:27 PM
#13260
The shorters must being working their magic........ Oh well it was fun while it lasted, until they feel the burn off the great result coming up.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks