ATM - A2 Milk Corporation Limited

[winner69]

GS Latest TP NZ$13.30

That’s good ...but they have lowered it from previous one eh

Target $13.30 sort of implies $11.40 / $11.50 today

Wonder what their ‘formula’ for coming up with price targets is

[winner69]

Heading back to 10 something by looks of it

Suppose $10 is about fair value for now based on GS target of $13.30 after discounting the GS hype factor and considering it’s a target for a year out

[Sideshow Bob]

Heading back to 10 something by looks of it

It is currently down 11c for the day - not $1.11.

[moka]

Heading back to 10 something by looks of it

Suppose $10 is about fair value for now based on GS target of $13.30 after discounting the GS hype factor and considering it’s a target for a year out

I agree the trend is down. The chart for the last month shows lower highs and lower lows, so heading back to where it was in May. Closed at $10.87 on 31/05/18.

[Dust]

That’s good ...but they have lowered it from previous one eh

Target $13.30 sort of implies $11.40 / $11.50 today

Wonder what their ‘formula’ for coming up with price targets is

They use combnination of DCF & EV/EBITDA, multiples roughly inline with peers now.

I added a handful today for a medium-long term hold, probably gonna get abit f* if this tries to test the A$10 level but I wouldnt be surprised if this becomes a buyout target given the brand has built some notoriety overseas.

[bull....]

Heading back to 10 something by looks of it

Suppose $10 is about fair value for now based on GS target of $13.30 after discounting the GS hype factor and considering it’s a target for a year out

yes nice rounding top formation under 12 resistance looks berish to me

[bull....]

hammertime is coming i can feel it

[winner69]

hammertime is coming i can feel it

That’s good ...isn’t it

Moosie was always into hammers

[bull....]

That’s good ...isn’t it

Moosie was always into hammers

even the fool was saying they wouldnt be surprised to see PE compression even with rising earnings as pe was to high for the growth baked in

[dreamcatcher]

That’s good ...but they have lowered it from previous one eh

Target $13.30 sort of implies $11.40 / $11.50 today

Wonder what their ‘formula’ for coming up with price targets is

Correct a few cents (-4%) with a Buy Rating

Maybe next catalyst for SP will come from August result announcement updating Chinese market share or Yuhan Corp distribution of a2 products in Korea kicking in second half 2018

Just thinking and continuing to hold