P/E of high 20's is still relatively cheap compared to the premium you pay for almost all other growth stocks on the asx. While A2M is a consumer staples company, its business model is more about branding, putting it into a different category than say a pure consumer staples pureplay like coles for example.
As for the declining revenue, that is only a short term forecast. Long term, this company is still pegged to grow at a high percent. Sure, you'd be wary if you have an outlook of 6 months to 1 year, but anything longer than that, you'd be picking up A2M here.
This is a once in a lifetime stock, like buying Coca Cola as it was taking off, or nike or any established brand for that reason..
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Last
$5.60 |
Change
0.070(1.27%) |
Mkt cap ! $4.025B |
Open | High | Low | Value | Volume |
$5.56 | $5.64 | $5.54 | $5.444M | 976.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30242 | $5.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.32 | 12260 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30242 | 5.990 |
2 | 382 | 5.880 |
2 | 932 | 5.780 |
11 | 5106 | 5.760 |
6 | 4491 | 5.600 |
Price($) | Vol. | No. |
---|---|---|
5.320 | 2439 | 2 |
5.420 | 4157 | 6 |
5.440 | 12306 | 3 |
5.550 | 3506 | 2 |
5.580 | 40282 | 2 |
Last trade - 15.59pm 10/09/2024 (20 minute delay) ? |
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A2M (ASX) Chart |