ATM - A2 Milk Corporation Limited

[Beagle]

Welcome back Mr Couta, we missed you

Hear hear, you have been sorely missed mate, welcome back ! For what its worth I think ATM is about fair value at present and the share price should grow roughly in line with eps growth in the year ahead.

[couta1]

This share has a habit of dropping after the results come out, I looked at it a number of times when results predicted to be good, and was, and noticed it drops after- may be as Bull said results built in and takes a while to pick up again

Initially but check out the stats over the month following the results in previous years.

[Ted2]

Initially but check out the stats over the month following the results in previous years.

Spot on. Nothing short of a significant over-delivery on the April forecast was going to lift the price today. Good result was pretty much built in, and a drop was always the $1.05 favourite. But..........when the dust settles and sense starts drifting back, price will continue to rise. Continued strong profit growth, USA almost doubling, almost a billion in the bank....... what is there not to like about Mummy's milk?

[percy]

Initially but check out the stats over the month following the results in previous years.

Hello hello,nice to see you here again,you have been sorely missed.

[tomm]

A2 Milk benefits from Covid-19 'pantry stocking', posts record $386 million profit.
https://www.stuff.co.nz/business/ind...million-profit

[trader_jackson]

Currently down 3.3% - I suppose the market has agreed with me (at this point in time): that outstanding results is the minimum expected from a company with a PE of over 40, and hence if they are actually below consensus, well, they are slightly disappointing
Maybe the Aussies will think otherwise and provide support - or perhaps push it down even further.

Not ideal I was nearly shouted out the room earlier for merely pointing out some facts... it seems the Aussies are not liking it - A2M down over 4% currently on the ASX.

[bull....]

Aussies not liking it at all - A2M down over 4%, and pushed ATM here down well over 4% here.

there forecast was for a possible softening in consumer as well as margin decrease on this report

[JeremyALD]

Not ideal I was nearly shouted out the room earlier for merely pointing out some facts... it seems the Aussies are not liking it - A2M down over 4% currently on the ASX.

I'd like to see a company on the NZX growing at 30% p.a. with over 800m in cash with a better p/e ratio?

[tomm]

As expected the insto's knew the actually Sp in hand and now shaking the tree to harvest for the next phase LOL.

[Hello123]

Will push to $22 by this afternoon. $23 tomorrow.

I mean anything is possible right? haha