ATM - A2 Milk Corporation Limited

[Ginger_steps_]

Whats going on here? A silent takeover. I am lost for words.

Hope your back in see weed?!

[Sideshow Bob]

At what point doe this get silly - up 14c today.

Here I was Friday thinking it was going to take a breather at $0.99 and consolidate there for a while.

[silu]

Sellers side is dry as. Wish I'd filled my boots more at 50c but hindsight and liquid money is a wonderful thing.

[gv1]

I think at this levels people should be careful...aussie speculators are running the price. SML makes formula for ATM.

[Nasi Goreng]

I'm no longer a holder but if I was I would be selling right about now. I like the product, I like the company, I like the vision but I can't imagine how much milk they will need to sell to support this valuation.

[black knat]

I'm no longer a holder but if I was I would be selling right about now. I like the product, I like the company, I like the vision but I can't imagine how much milk they will need to sell to support this valuation.

I just sold half of my holding. 900m market cap is a very big company.

[Sideshow Bob]

Was about to say current share price values the company at $884m, but then saw the share price has gone to $1.27 so means $912m. Or about 28% more than Friday, on a company with a forecast operating EBITDA of $12m.

But it is really about the growth story and the technology - what is it worth to someone. Only going to get more expensive to take them out.

Just wish they'd had a bigger public pool at 68c!

[sb9]

on a company with a forecast operating EBITDA of $12m.

Its $22m as per upgraded earnings from ASM last week.

[PartyPooper]

Just sold my holding as well.

53% return on 6 months of holding not bad at all.

*edit* compared Market cap, earnings and growth to SUM and HNZ similar size companies but much larger earnings both with good growth ahead.
there may be a bit of Xero/Tesla factor in ATM though.

[winner69]

Its $22m as per upgraded earnings from ASM last week.

Take off the I and the T gives NPAT of say $13m

So currently at a PE of about 70

But it's a believe the story investment so anything goes

Could get bigger than Xero at this rate