A2M 0.16% $6.23 the a2 milk company limited

Chart Update, page-17851

  1. 1,339 Posts.
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    sorry to hear your loss, I bought in at around February and averaged down in March, was at break even point at $9.55, but didn't sell a single cent, im ok with a big sudden drop, but bleeding 1% everyday is indeed frustrating, like I've only been holding for 2 months, imagine people holding for the past 8 months, I completely understand why you've sold out, but why sell now when it is clearly oversold imo.

    I just want to give some calculations for people reading this, At 1H21 670m estimate and FY21 1.4-1.55B estimate, we stayed around $10 mark, and after last report, we have 677m 1H21 result and FY21 at estimate down to lower end 1.4b, a better than estimate 1H21 and a minor downgrade for FY21, but let's assume we stay 677m for the next half with daigou channel resuming at a similar pace, we will have revenue of 1.354B, this I think is the worst case scenario for A2M in terms of daigou channel, especially with vaccine rolling out, so it's another < 5% downgrade from the 1.4B, at 1.4B estimate we opened at $9 and reached lowest $8.33, taking into consideration the 5% for worst case scenario of revenue 1.354B, we have $8.33 - the 5% for worst case = $7.92. so anything below $7.92 is a bargin, and it's going to recover from here without anything else disrupting the business, if it continues to go down, it is illogical and I think someone is playing games.
    Last edited by yzwboy: 26/03/21
 
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Last
$6.23
Change
-0.010(0.16%)
Mkt cap ! $4.510B
Open High Low Value Volume
$6.23 $6.29 $6.13 $11.31M 1.822M

Buyers (Bids)

No. Vol. Price($)
1 6134 $6.22
 

Sellers (Offers)

Price($) Vol. No.
$6.23 5083 2
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Last trade - 16.10pm 01/10/2024 (20 minute delay) ?
A2M (ASX) Chart
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