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!
Nahh...look at BAL. A2M will suffer the same fate as per BAL....
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Last
$4.10 |
Change
-0.010(0.24%) |
Mkt cap ! $581.2M | |||
| Open | High | Low | Value | Volume |
| $4.11 | $4.15 | $4.05 | $221.4K | 54.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5106 | $4.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.10 | 813 | 10 |
View Market Depth
| Last trade - 12.22pm 04/07/2025 (20 minute delay) ? |
| SHV (ASX) Chart |