Broker upgrades, page-2

I like what you mentioned earlier that A2 is a “new” company now. And it appears Market is re-valuing A2. No more regulational risk, no more court case, proven exceptional growth rate, binding hands with global player. If A2 just maintains first half growth rate,its forward PE is about 38 at today’s closing price. Is it too high? I don’t know. what I know is Market used to give Domino’s forwrad PE 40 if I recall correctly. And Market is giving another big growth company CSL forwrad PE 35. Furthermore, Look at what forward PE Market gives BAL,even though it hasn’t got license? But A2 is growing faster than them. Not to mention A2’s excellent management team. Like others mentioned, A2’s Managment team especially Mr Babidge has never put a foot wrong and I think the name needs to be remembered in World Dairy History. Once again, congratulations to all long term holders.