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23-10-2018, 08:04 AM
#11301
Originally Posted by Balance
"Both A2 and Synlait are speculative stocks with prices that rose by $10 over the past two years before the recent retreat."
Interesting perspective?
Snakk and Plexxxure are speculative in my books but hi, who am I to argue with a journo if he writes athat companies which have real operations making hundreds of millions of dollars of sales and profits are speculative!
I thought the exact same thing. How long will they remain speculative......... when they make half a billion dollars in profits?
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23-10-2018, 08:27 AM
#11302
Originally Posted by Ggcc
I thought the exact same thing. How long will they remain speculative......... when they make half a billion dollars in profits?
When they become like Fonterra if you read the article - fat, lazy and going downhill.
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23-10-2018, 08:52 AM
#11303
Originally Posted by Ggcc
I thought the exact same thing. How long will they remain speculative......... when they make half a billion dollars in profits?
Imo when growth rates down to the teens or single digit numbers and the p/e comes back down. And you are correct that this could be when they have grown to have a half billion profit and market cap a bit over $10b. The p/e would then be slightly over 20.
Till then there is a lot of speculation in the share price that rapid growth will be achieved. Probably well justified speculation, but still speculation.
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23-10-2018, 09:03 AM
#11304
Originally Posted by Scrunch
Imo when growth rates down to the teens or single digit numbers and the p/e comes back down. And you are correct that this could be when they have grown to have a half billion profit and market cap a bit over $10b. The p/e would then be slightly over 20.
Till then there is a lot of speculation in the share price that rapid growth will be achieved. Probably well justified speculation, but still speculation.
Over thinking it. The author probably just equates a high p/e and the recent emergence of good profits as being speculative.
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23-10-2018, 09:08 AM
#11305
Originally Posted by Scrunch
Over thinking it. The author probably just equates a high p/e and the recent emergence of good profits as being speculative.
And low asset backing.
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23-10-2018, 11:27 AM
#11306
Originally Posted by Balance
"Both A2 and Synlait are speculative stocks with prices that rose by $10 over the past two years before the recent retreat."
Interesting perspective?
Snakk and Plexxxure are speculative in my books but hi, who am I to argue with a journo if he writes athat companies which have real operations making hundreds of millions of dollars of sales and profits are speculative!
Good example of very poor journalism.....
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23-10-2018, 02:50 PM
#11307
A good stock can be speculative at a particular price.
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23-10-2018, 03:47 PM
#11308
Aussie are paying a 20c NZ premium at the mo the sp is $10.52 over there,is this a good guide to the price going up over here?
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23-10-2018, 03:52 PM
#11309
Originally Posted by steveb
Aussie are paying a 20c NZ premium at the mo the sp is $10.52 over there,is this a good guide to the price going up over here?
They are not paying a premium, SP is tracking currency conversion or close to it eg $9.58AU equals $10.34 NZ
Last edited by couta1; 23-10-2018 at 04:00 PM.
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23-10-2018, 06:31 PM
#11310
https://www.9news.com.au/2018/10/23/...instate-limits
And still they keep on buying!
"A2 has also doubled production of its premium formula, but that's not enough to meet supply."
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