ATM - A2 Milk Corporation Limited

[King1212]

I lucky enough sold at $2.80... will wait till $2.30 to position myself again!

[Leftfield]

Totally agree with consensus of other posters, outstanding result. Assuming 11 cps earnings at 2.64 that's a current year PE of 24. Seems very reasonable to me considering the growth rate.

I suspect with ATM's growth a forward PE of 28 to 30 is fair and likely......so perhaps this baby heading towards $3.00 sooner or later?

[sb9]

I lucky enough sold at $2.80... will wait till $2.30 to position myself again!

I pretty much doubt if we'll see that level again....

Totally agree left field, we might see it inch towards $3 pretty soon.

Apparently Pater Nathan A2 CEO was interviewed on sky business au after the results were out and asked the same question re slowdown of IF sales in 2nd half. His response was they're being very conservative with their estimate, as the problem is with supply not demand as the stuff seems to be flying out of door pretty rapidly.

If some one can post the link to that interview, that's greatly appreciated.

[King1212]

I pretty much doubt if we'll see that level again....

Totally agree left field, we might see it inch towards $3 pretty soon.

Apparently Pater Nathan A2 CEO was interviewed on sky business au after the results were out and asked the same question re slowdown of IF sales in 2nd half. His response was they're being very conservative with their estimate, as the problem is with supply not demand as the stuff seems to be flying out of door pretty rapidly.

If some one can post the link to that interview, that's greatly appreciated.

you never know, just wait till all big boys or shorters book in profit...

[couta1]

you never know, just wait till all big boys or shorters book in profit...

Yep, she's highly volatile as we all know, $2.30AU maybe.

[Beagle]

You must be buying or about to then mate? Go on you know you want to.

Bought some at $2.50 a few days ago mate.

I suspect with ATM's growth a forward PE of 28 to 30 is fair and likely......so perhaps this baby heading towards $3.00 sooner or later?

All of that I would have thought at first glace but I've been out all day so haven't had time to digest the detail of the announcement at all. First impressions I am surprised its at where it is in the mid 260's a few minutes ago. Might have to double down First half profit nearly quadrupled on an EPS basis and was well above average analyst expectations.

[couta1]

You must have taken my phone tip the other week Roger?

[Beagle]

You must have taken my phone tip the other week Roger?

Always a real pleasure chatting with you mate and yes I was listening as you can see, many thanks

[Lola]

You must have taken my phone tip the other week Roger?

So whats your "tip" for SML?

[couta1]

So whats your "tip" for SML?

Be Patient.