ATM - A2 Milk Corporation Limited

[Waltzing]

Does the US consumer believe in the product as the China market does. We have had contact with Bio Chem personal on the subject of proteins in milk products.

[dreamcatcher]

In response by Bull mentioning Bubs earlier. Expecting Bub's supply chain to be changing shortly with them purchasing a factory in Beihai - China (worlds fastest growing city) to manufacture IF from Australian product eliminating Daigou traders............

[Gregnz]

Does the US consumer believe in the product as the China market does. We have had contact with Bio Chem personal on the subject of proteins in milk products.

What I do know is that milk and dairy in the USA tastes like crap. Might be personal preference but I’m certainly not a fan of orange cheese which tastes like plastic, or milk that tastes like water.

My gut says A2 will make significant in roads in the USA, another big opportunity.

[Lion_graf]

UBS target of $22.50, this one at $23 and my own at $25, let's take the $23.50 average and be done with it.

And morning star has valued it at 16.30...
Gives you an avg of $21.95

[winner69]

Like this bit from Forbar:

ATM is trading at a one year forward PE of ~24x (~21x adjusted for cash and ~19x when also adjusted for US losses) — attractive against any benchmark.

Attractive ...and cheap

[bull....]

the market is right its only worth as much as the market says , broker reports are what they are and are adjusted all the time . probably down in time

[winner69]

the market is right its only worth as much as the market says , broker reports are what they are and are adjusted all the time . probably down in time

Guru analysts about as good as pollsters

[couta1]

He must genuinely believe what he says, otherwise he is wasting his time if he thinks he can any effect on its share price through this platform

Maybe, but a deluded sense of self importance can blind one to reality, unless you are an insto then your influence on the sp of this stock is zilch other than to shake a few newbies and fearful holders out.

[Biscuit]

the market is right its only worth as much as the market says , broker reports are what they are and are adjusted all the time . probably down in time

Market thought it was worth $21 a few weeks ago, now reckons its worth $14. Can't have been right both times.

[Gregnz]

Market thought it was worth $21 a few weeks ago, now reckons its worth $14. Can't have been right both times.

Funny thing this sharemarket, when things are on sale people run for the hills and dump their stock, but when things are selling at a hefty premium and high P/E people are lapping it up and buying up large. (FOMO drives most of the sharemarket I reckon, not fundamentals or technical analysis)
I only shop at sales.