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25/02/19

20:26

Post #: 37562643
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Originally posted by h man in au: ↑

avagardo
To say "surely " "at some point" it would be healthy to retest into the high 12s I guess is a fair call as at some point has an infinite use by date.
Baring news we don't know about being released, I'd like to give you the other side of that coin
The earnings report was above most expectations on almost all metrics
The guidance , especially the commentary on China, was boardline amazing.
The sales guidance was higher than reported at the AGM
Close to a new China CEO, ( personally if a high profile hire I expect this to be the next catalyst to the upside.
The distribution network established in the US is stunning given the time period and learning curve for Americans of the value of our milk.I now see tv commercials in NY
Fontera seems much more interested in us . This is also a possible catalyst to move the stock higher as details are released.
Anyway, you may be right, maybe we will test back into the 12s, I think it's more likely we move into the mid 15s then retest 13.70-14
The 25 million shares purchased from the open on Wednesday was at about 13.40( I think) so those holders I believe your referring to with out a"strong hand" really havnt made the. profits we have.
My bet is that they would like to be posting a yr from now what we have been posting for a few years.
Just my view, either direction short term doesn't blur the long term prospect.

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Agree. I think it will hit 15 before 13. We are still working through the shorts. They are working hard to close out. But you can see the eagerness to buy their shares back when the volume is there. The closing auction had very high volume and closed close to day highs. Trying to keep under physiological $14 mark all day, but couldn't hold by end of day.

Don't forget we recently had a high conviction US value find buy into this stock. Imagine what growth fund managers would be thinking. The growth projection will keep most longs still in the stock at these prices and keep attracting new funds, imo.

A2M Price at posting: $14.05 Sentiment: None Disclosure: Held
23 Upvote

9 Great analysis

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