A2M 0.87% $6.85 the a2 milk company limited

$11 tomorrow, page-95

  1. 886 Posts.
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    IMO this share is way overpriced it has a 13.6 cents per share earnings only slightly higher than last years 12.7 cents on a PE of 33 (which would be generous) the value of this would be about $4.20 per share, Can't see it keeping up a growth rate to support a PE 79
    The current price is all hype driven, the old saying goes when everybody is talking about how much it will be by the end of the week its time to sell, as by the time a weeks gone by people will have done the maths seen whats required to sustain that kind of growth and sell.
 
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