A2M market cap about $5.4B .
SP $8. It was $1 barely 2 yrs ago. Can't rem, someone will need DYOR but may have listed about 80c 2.5yrs ago. So its 10 bagged. It is looking abit expensive trading at PE Ratio 50
BAL market cap about $1.3B .
SP $12.2. PE Ratio 33 listed around $1.6 i thk 3 yrs ago.
BKL market cap about $2.8B.
SP $168. PE Ratio 44
The whole milk powder business has gone bananas. Yes A2M was $2 a yr ago but it was pretty stagnant for the 1st yr sitting $1.6 - $2. Rem roughly 2 yrs ago both Bal & A2M MC was way lower both similar around $180-200 mill. In 1 yr, they ve both had Cap Raises but grew pretty quickly- A2M steadily around $400mill MC but BAL just went ballistic to over $1bill! BAL exploded further then down & recovered. A2M rest is history. Both are valued much higher premiums even than BKL due to Milk Powder, even though BKL is a more established diversified still high growth business.
POPs market cap of $54mill + $42mill CR = 96mill... compare the potential growth profile. ☺
POP certainly starting out MUCH cheaper ( but obviuosly diff assets, brands, goodwill etc).
So how many more times does POP need to *pop*!!??
With Laura at the Helms, a new A2M, a new BAL. Why not? Disallowed 1yr? 20bag 2yrs? Dont know but each investor draw their own similarities.
BluSky .
POP Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
