hi Guys
My take on the results.
* Net profit of $155 million was higher than consensus
* in the short term, it seems organic growth is limited to single digits without new products and entering new markets.
* if DB is right about his view of the short term delay in having babies due to Covid in China, then A2 will be in a great position to capitalise on this in 12 months time.
*DB made some other cryptic comments regarding new projects, alliances, products especially regarding an additional SAMR license. Hence, I am not that disappointed about the no capital return announcement conditional that in the next 6 months or so, we can see a new earnings accretive acquisition/ alliance that bolts on another business to the Group. This money provides the flexibility to achieve this outcome.
I would have thought the weak outlook was already factored into the share price when it was $7 back in February.
hi Guys My take on the results.* Net profit of $155 million was...
-
- There are more pages in this discussion • 1,009 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.64 |
Change
-0.110(1.63%) |
Mkt cap ! $4.800B | |||
| Open | High | Low | Value | Volume |
| $6.73 | $6.73 | $6.59 | $9.976M | 1.499M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 37684 | $6.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.65 | 1001 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |