Hi Swage,
Thanks for the heads up on Morningstar coverage. I think AUD 13.30 / NZD 14.60 is a 12 months forward price target. Their report says " justifying the lofty 40.6 price / FORWARD earnings multiple our valuation implies".
Their 30/6/19 price target calculation from their report is 40.6 X 30/ 6/19 estimated EPS .357 = NZD 14.49 which is more or less the 14.60 above.
This is conservative because A2M is a big cash box and their capital management will become an increasing positive.
A2M must be a prime takeover target.
I cannot think of a better stock to buy as a trade or long.
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Last
$5.78 |
Change
0.130(2.30%) |
Mkt cap ! $4.178B |
Open | High | Low | Value | Volume |
$5.73 | $5.81 | $5.66 | $8.811M | 1.518M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 14633 | $5.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.79 | 19580 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 5097 | 5.780 |
17 | 21520 | 5.770 |
12 | 24615 | 5.760 |
9 | 33755 | 5.750 |
14 | 15705 | 5.740 |
Price($) | Vol. | No. |
---|---|---|
5.790 | 23261 | 28 |
5.800 | 34643 | 17 |
5.810 | 51923 | 18 |
5.820 | 28235 | 10 |
5.830 | 8723 | 6 |
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