I have been amazed that people are shorting A2M. When you have a look at the risk vs reward scenario, it is almost irrational. When companies do updates 2 months before year end, it is more likely than not that they are conservative, so that their shares are hit by only one downgrade. Not meeting lofty 80% sales increase expectation because you have to change packaging to continue to sell in China is a very good explanation. Now we have confirmation Synlait have produced result at the upper end of the expectation (which is a good indicator of A2M’s expectation), and A2M’s holding of Synlait had increased significantly in value. I think the downside of A2M would be around $9.20 and upside around $15. That is a lot of risk to take on for very little reward and you have to pay someone to take that risk. It is never smart to betting against a company growing at 80%.
- Forums
- ASX - By Stock
- A2M
- Chart Update
Chart Update, page-188
- There are more pages in this discussion • 24,580 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
0.080(1.35%) |
Mkt cap ! $4.330B |
Open | High | Low | Value | Volume |
$5.92 | $6.00 | $5.92 | $5.887M | 984.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 11978 | $5.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.00 | 30149 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 11978 | 5.970 |
1 | 8422 | 5.960 |
2 | 8471 | 5.950 |
2 | 600 | 5.930 |
1 | 5000 | 5.890 |
Price($) | Vol. | No. |
---|---|---|
6.000 | 29649 | 6 |
6.010 | 38634 | 4 |
6.020 | 13952 | 6 |
6.030 | 23422 | 3 |
6.040 | 8422 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
$5.98 |
  |
Change
0.080 ( 1.20 %) |
|||
Open | High | Low | Volume | ||
$5.93 | $6.00 | $5.93 | 2721094 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
A2M (ASX) Chart |