It becomes a matter of relativity and perspective djenrod,
The share price ran up 2,100% over a period of five years, last year it was up 445% from its lows to peak at the blow off top in December at NZ$2.50
The big gains to be made in A2M have already been made, and the share price is now in overvalued territory for the first time in years.
That’s not just my opinion, here are some facts and evidence,
> The big shareholders Freedom Foods, Mountain Road and others all but sold completely late last year.
> The insto’s, Greenscape, Harbour, Milford sold down below 5% during the blow off top and may still be reducing.
> Geoff Babidge, CEO, sold a hefty proportion of his shares for the first time in December.
> Three out of four analysts have hold or underperform ratings on A2M, only one has a buy rating.
> Analyst consensus price targets are at NZ$1.49 based on the A2M December guidance.
http://www.4-traders.com/A2-MILK-COMPANY-LTD-11384022/consensus/
I’m not being negative, I’m A2M’s biggest supported and have been for years, I’m just realistic on valuations as an investor must be.
How is it that you expect A2M to miraculously outperform 2016 guidance by over 100%, just interested ?
- Forums
- ASX - By Stock
- A2M
- A2M $3 Party
A2M $3 Party, page-357
-
- There are more pages in this discussion • 1,899 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
(20min delay)
|
|||||
Last
$5.99 |
Change
-0.150(2.44%) |
Mkt cap ! $4.336B |
Open | High | Low | Value | Volume |
$6.18 | $6.21 | $5.98 | $13.00M | 2.146M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7221 | $5.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.03 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7221 | 5.980 |
3 | 11154 | 5.970 |
2 | 33247 | 5.960 |
3 | 10367 | 5.950 |
2 | 10420 | 5.940 |
Price($) | Vol. | No. |
---|---|---|
6.030 | 2000 | 1 |
6.040 | 7420 | 1 |
6.050 | 9441 | 2 |
6.060 | 7420 | 1 |
6.070 | 9420 | 2 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online