A2M 1.67% $6.48 the a2 milk company limited

Just had a quick look at AGM papers which I thought were very...

  1. 252 Posts.
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    Just had a quick look at AGM papers which I thought were very good.

    I have the observations from the slide show pages 8 & 9 that NPAT was approximately 150 million which included losses in USA 23 million and MVM 27 million.

    If these losses can be negated and holding all else static NPAT could be increased by approximately 33% (23m + 27m = 50m divided by 150M) and thus EPS could be increased by 33% from .21 cents to .28 cents by just sorting out USA and MVM.

    A multiple of 25 X .28 cents = share price $7.

    Multiple of 25 simply implies a return of 4% ie .28 divided by $7.

    Will be interesting if the shorts stay in the game or move on.

    Think Bortolussi is doing a fantastic job. He must be very happy with re-positioning the company in a new challenging environment.

    GLTALTSH.
    Robert 23 over and out









 
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