I read the BP report, I think they were fair with their comments.
Change the rating from buy to hold, does not seem too much of its own interest to me. The report even noted opportunities for accumulation if stocks suffer short term impacts.
Of course one should always trust his own judgements, but to any others, a random opinion on hotcopper is not much better than a BP analyst report.
I think on the surface fundamentals still look strong, I am very interested in A2's freshmilk sales in China, as local fresh milk products in China is extremely expensive and this does give a comparable advantage to A2. Regulatory risk is what the market fear at the moment, recent insider sell out does create speculation on wether more regulatory changes will be imposed in the sector. Soon these speculations fade away, I am pretty confident share price will return to its fair value.
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- Good Old Bell Potter Downgrades from Buy to Hold
Good Old Bell Potter Downgrades from Buy to Hold, page-36
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Last
$4.81 |
Change
-0.090(1.84%) |
Mkt cap ! $3.482B |
Open | High | Low | Value | Volume |
$4.92 | $4.95 | $4.80 | $8.716M | 1.802M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10795 | $4.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.83 | 5662 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 26112 | 4.800 |
5 | 8198 | 4.790 |
4 | 2409 | 4.780 |
2 | 4629 | 4.770 |
6 | 10700 | 4.760 |
Price($) | Vol. | No. |
---|---|---|
4.840 | 6237 | 1 |
4.850 | 303 | 1 |
4.930 | 10000 | 1 |
4.950 | 2000 | 1 |
4.990 | 6521 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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