ATM - A2 Milk Corporation Limited

[Snoopy]

On ASB in research Morningstar puts ATM’s value as 3 average,.....

Good to see someone else agreeing with my $3 valuation.

SNOOPY

[couta1]

Good to see someone else agreeing with my $3 valuation.

SNOOPY

A lot could be said about this but it wouldn't be polite.

[Oliver Mander]

Good to see someone else agreeing with my $3 valuation.

SNOOPY

Would have thought the valuation is whatever someone is prepared to pay...
If you're prepared to pay only $3...probably need to accept that 99.9% of people would not sell to you for that price.
Even my rather conservative cashflow modelling is coming up with something over $5...and that's with a HEFTY discount rate to account for the risk. If I apply a more normal discount rate, coming up with something around the current share price.

Disc: hold (again).

[dumbfounded]

A lot could be said about this but it wouldn't be polite.

How true...can't even utter the words!

[moka]

Good to see someone else agreeing with my $3 valuation.

SNOOPY

Sorry to disappoint you Snoopy Morningstar is not agreeing with you.
On a scale of 1=high to 5=lowest, Morningstar is saying ATM’s value is 3 = average = fair value, while XRO's value is 5 = lowest = overpriced.

[blobbles]

Good to see someone else agreeing with my $3 valuation.

SNOOPY

I remember a 10c valuation from Snoopy a few years ago when the SP was ~50c. I encourage you to think about the future a bit more Snoopy, rather than where they currently are. Factor growth and potential into your calculations like the market does!

[kizame]

I remember a 10c valuation from Snoopy a few years ago when the SP was ~50c. I encourage you to think about the future a bit more Snoopy, rather than where they currently are. Factor growth and potential into your calculations like the market does!

If you look at the valuation snoopy has put on this at $3, and the 10c valuation when the price was 50c,can we now expect a share price of $15,another five bagger.

[kizame]

Watching closely on the sidelines for Tuesdays comments, I will be back in if the forward projections look good,otherwise happy to let the dust settle.
Needs a wee rest.

[777]

Watching closely on the sidelines for Tuesdays comments, I will be back in if the forward projections look good,otherwise happy to let the dust settle.
Needs a wee rest.

I take it you have read last weeks info.

http://www.asx.com.au/asxpdf/2017111...38mqwxnyjp.pdf

How much extra are they likely to say at the AGM considering this is so recent except for details of any dividend in the near future.

[greenglass]

You will notice from the presentation that a2 are now making a point of saying their products are A1 protein free. The forward ramifications of this will be huge in the future. IMO
discl. Hold