Exactly mate.
Between A2M and BAL, I see more growth potential in A2M with IF and fresh milk, with ANZ, China UK and US. Therefore A2M is trading at a higher PE than BAL.
One day not far from now, the domestic and China IF market will be consolidated and companies no longer enjoy the exponential growth like what happened to BKL, share prices will be adjusted to a lower PE.
This is a good time to use positive cash flow, growing China market to fund expansions into other markets. Last minute IF effort of BKL is only proven to be a big fail when you try too hard to expand. I say two years from now, everyone will be glad that the hard work in UK and US finally pay off and you will no longer hear the comparison between A2M and BAL.
Exactly mate. Between A2M and BAL, I see more growth potential...
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Last
$6.32 |
Change
-0.090(1.40%) |
Mkt cap ! $4.575B | |||
| Open | High | Low | Value | Volume |
| $6.33 | $6.38 | $6.24 | $13.98M | 2.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2794 | $6.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.33 | 27645 | 5 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |