If you account for growth you have locked yourself into that growth materializing. Although I see nothing wrong in being bullish in the right industry, you still need to balance your growth expectations with the threats to that growth.
I have read a number of your previous posts and you are very focused on growth and attempting to correlate that into future value. I also don't have an issue with that. But once again you are tying yourself to these expectations.
Many people invest on fundamentals - guaranteed growth is not a bankable fundamental. Fundamentals are facts you can bank on. If those who are in control of the majority of capital invested in this company deem the current price too high, then it will get adjusted down accordingly. The funds that have exited A2M didn't exit to just lock in profits. They ran the ruler over it and deemed it had risen beyond its true value.
On another matter, where are your projected capital investment outlays to match your growth in output etc etc. Like many on here you have skipped a fundamental requirement of sustaining the growth your bullish sentiment is based on.
Don't take this as targeted criticism of you personally. I genuinely think A2M has a chance of being a stock of the future, but my sentiment is tempered by the current reality.
On another matter. I recommend everyone stop comparing the performance of one stock 'v' another, unless you are specifically comparing their respective performance on business model/marketing/cost base etc etc. Comparing share prices etc etc is an irrelevant exercise.
Peace
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Last
$4.87 |
Change
-0.055(1.12%) |
Mkt cap ! $3.522B |
Open | High | Low | Value | Volume |
$4.95 | $4.95 | $4.81 | $3.467M | 714.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 3881 | $4.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.87 | 954 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 4123 | 4.870 |
14 | 14836 | 4.860 |
11 | 14984 | 4.850 |
11 | 5157 | 4.840 |
10 | 34321 | 4.830 |
Price($) | Vol. | No. |
---|---|---|
4.880 | 1771 | 2 |
4.890 | 19538 | 13 |
4.900 | 17669 | 10 |
4.910 | 11054 | 8 |
4.920 | 22600 | 5 |
Last trade - 10.48am 12/11/2024 (20 minute delay) ? |
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