ATM - A2 Milk Corporation Limited

[Joshuatree]

Its a really sexy, hot ,crema stock in Aus still, the number 1 stock or close to, talked about on H/c for quite some time now so lots of traders and FOMO jumper ins. Whether to sell into the momentum before their span of attention is exhausted and they move on and bet on buying back later, or sitting on it and ignoring the fear and greed and thinking longer term depends on ones age and investment/ trading style.Congrats to all holding and a wealth of health and a lindauer Summer or three.. Special thanks to KW who helped my decision to hang in on this stock.

[MPC]

I had to take a little profit today at 1.99, paid for xmas pressies. Loads of interesting chat about this share and I will be keeping my core holding through the expected downs and hopefully larger ups. Best wishes,

MPC

[see weed]

Must say as a holder that it's getting far too frothy... $1.4 billion company at forward looking PE of over 45...

Sure there is great potential but let's not lose our heads...

I was thinking the same at $1.40. Just a bit of trivia...over 615,000,000 ATM shares traded on the NZX since 1/6/15. Merry Christmas and happy A2's

[Snoopy]

PE is share price / eps , with eps measured from net profit. There is no net profit forecast for FY2015. The year just gone produced at net profit of $11,000. Based on the number of shares on issue being 660m this gives eps of:

$0.0011/660 = 0.0000016cps

Based on a share price of 60c, the PE was 36,000,000 (36 million)

Looks like you guys need some assistance in calculating PE ratios. The above calculation was based on the FY2014 results. The FY2015 results include a one off $1.681m charge related to listing on the ASX. I wouldn't count that as part of a normalised result.

So actual ongoing earnings for FY2015 were -$1.137m + 0.7($1.681m) = $0.04m, or $40,000.

In fairness ATM were forecasting zero underlying earnings, so I guess in that context the result was quite good.

No. of share on issue is 723.3m

So eps is currently: $0.04m/723.3m = 4,000,000c/723,300,000 shares = 0.00553c/share

At $2, this gives a PE ratio of: 200/0.00553 = 36,000

That is a big improvement on last years 36 million I grant you. But 36,000 is more than a little north of 45!

SNOOPY

[kura]

Snoopy, Think the PE would be different if you based the profit on guidance they issued a week or so ago !

Disc: Got in a few days ago, up 20% already ( suspect increase a touch excessive )

[blobbles]

Looks like you guys need some assistance in calculating PE ratios. The above calculation was based on the FY2014 results. The FY2015 results include a one off $1.681m charge related to listing on the ASX. I wouldn't count that as part of a normalised result.

So actual ongoing earnings for FY2015 were -$1.137m + 0.7($1.681m) = $0.04m, or $40,000.

In fairness ATM were forecasting zero underlying earnings, so I guess in that context the result was quite good.

No. of share on issue is 723.3m

So eps is currently: $0.04m/723.3m = 4,000,000c/723,300,000 shares = 0.00553c/share

At $2, this gives a PE ratio of: 200/0.00553 = 36,000

That is a big improvement on last years 36 million I grant you. But 36,000 is more than a little north of 45!

SNOOPY

Dude. I did say "forward looking", I mean next year's guidance based on today's SP.

Actually it should be 39 (1.98x723m)/37m.

I think of more interest today was the notice that Geoff Babidge selling a million at 1.68m.

If the CEO is selling, I am thinking about it too...

[blobbles]

Can I also claim victory in my Snoopy contrary indicator considering someone was trying to convince us to sell at about 50c?

:-P

[mfd]

Looks like you guys need some assistance in calculating PE ratios. The above calculation was based on the FY2014 results. The FY2015 results include a one off $1.681m charge related to listing on the ASX. I wouldn't count that as part of a normalised result.

So actual ongoing earnings for FY2015 were -$1.137m + 0.7($1.681m) = $0.04m, or $40,000.

In fairness ATM were forecasting zero underlying earnings, so I guess in that context the result was quite good.

No. of share on issue is 723.3m

So eps is currently: $0.04m/723.3m = 4,000,000c/723,300,000 shares = 0.00553c/share

At $2, this gives a PE ratio of: 200/0.00553 = 36,000

That is a big improvement on last years 36 million I grant you. But 36,000 is more than a little north of 45!

SNOOPY

Does a PE ratio tell you much when the company has historically been taking the profits from Australia and using them to build new markets? If all the earnings are being re-invested, doesn't leave much for the ratio. I find it quite interesting that given that strategy and the recent $43 million capital raising, they're now forecasting EBITDA > $33 million. Perhaps they're now earning more than is needed to get going in America, or the pick up from formula has been too sudden to allocate elsewhere.

Share price has been a bit of a rollercoaster though, I've sold out about a third of mine which I picked up in the 60s, mostly because it's become too big a chunk of my portfolio.

[Joshuatree]

Quick popularity check on A2M on H/C.Still number one most talked about stock re 100 % higher than next closest(FAR energy). Trend is your friend till the bend at the end but never forget Mothers finest.

[see weed]

Some people have made a hell of a lot of money in the last couple of weeks. Still can't believe it is going up up up. UP a dollar in one week! When is it going to stop? I am too scared to buy anymore and too scared to sell.