A2M 1.69% $6.99 the a2 milk company limited

Chart Update, page-15470

  1. 2,807 Posts.
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    I guess at $10 this one is 20 P/E so happy to hold at this level. As pointed out historical PE was 30 for A2 so 50% up potential on L4L basis just a change of sentiment. Obviously as the daigou temporary issue is resolved it will go ballistic with the growth trajectory gaining gradually momentum+new CEO will have to shot some bullets, shall he? I reckon the borders would reopen on a country incremental bubble basis and China is in a lot better space than EU and US in terms of COVID. I have a colleague relocating on a temporary visa from Beijing and landed ten days ago here in WA. China coudl be part of an APAC travel bubble. It could be a good test to re build the commercial relationship with China as Scomo understand the importance of it and will be a lot easier for him with Trumpet gone.
 
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