People are letting their profits run. The company is growing exponentially and so is the share price. The market is forward looking and everyone can see that as revenue grows the margins are getting much better. Revenue grew 56% last year and npat grew 198% and this was after 40mil spent on the Synlait share purchase (which is also growing exponentially). Formula from Synlait is tipped to double this FY again and so it's fairly safe to say we can expect similar results again. Yeah sure if revenue went flat we are over valued, but we are far from flatlining, and as when China tapers off we should see the UK and US contributing significant revenues, when they taper then we have SEA. And this doesn't even take into account all the new products they are bringing to market with existing customers to leverage off. So, the only irrational people are the ones selling thinking that the SP has gone up too high and not looking at the facts in front of them.
If people had listened to you they would have missed out on 100% gain. Your track record on all counts seems to be abysmal. I think you should concentrate on your own stocks and start trying to make a profit. I think you have a lot to learn about the stock market yet. On your current path you are going to be broke.
A2m - time to short, page-387
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Last
$5.19 |
Change
-0.130(2.44%) |
Mkt cap ! $3.757B |
Open | High | Low | Value | Volume |
$5.26 | $5.29 | $5.19 | $21.70M | 4.165M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 11002 | $5.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.23 | 19654 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 11002 | 5.190 |
5 | 25881 | 5.180 |
8 | 31307 | 5.170 |
8 | 19416 | 5.160 |
7 | 16978 | 5.150 |
Price($) | Vol. | No. |
---|---|---|
5.230 | 19654 | 8 |
5.240 | 9938 | 1 |
5.250 | 9938 | 1 |
5.260 | 7873 | 2 |
5.270 | 15000 | 2 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
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