A2M 0.44% $6.85 the a2 milk company limited

Chart Update, page-17851

  1. 1,338 Posts.
    lightbulb Created with Sketch. 221
    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
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$6.85
Change
-0.030(0.44%)
Mkt cap ! $4.952B
Open High Low Value Volume
$6.93 $6.98 $6.83 $10.27M 1.490M

Buyers (Bids)

No. Vol. Price($)
7 18844 $6.84
 

Sellers (Offers)

Price($) Vol. No.
$6.85 41602 1
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.