Nahh...look at BAL. A2M will suffer the same fate as per BAL. BAL net profit is forecasted to be $19M EBIT for half year, let's say it makes $40M EBIT for FY16, NPAT of circa $30M, it's trading on PER of 36. A2M is trading around PER of ~50 now.. This is the 'Great Repricing' period now, which means all high PER stocks will get smashed.
SHV is trading at PER of 5-6 now, very low risk for holders. Even if earnings is halved, the PER will be roughly 10-12. The stock has been shorted to no end, and when SHV releases its half yearly report, the shorters will be burned!
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Last
$4.07 |
Change
-0.040(0.97%) |
Mkt cap ! $578.3M | |||
| Open | High | Low | Value | Volume |
| $4.11 | $4.15 | $4.05 | $516.5K | 126.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2489 | $4.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.13 | 8000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| SHV (ASX) Chart |