Wow ! Very good result indeed, better than I expected actually!
Why on earth some other posters come here trying to down ramp this kind of result ? Keep talking about 19 FY forecast ? The fact that the company honestly point out slower cross boarder sales in the overall market condition seems quite down to earth.
Just took a look @ A2’s outlook (see below). They didn’t even quantify the sales growth (you might wonder why, given the broad market issue pointed in our report) & consistent EBITDA to sales ratio. However it didn’t stop the market cap picking up by billions of dollars post the report.
Wake up shorters, this is going to run higher from here IMO.
BAL Price at posting:
$11.13 Sentiment: Buy Disclosure: Held
