Remember me with WOW in 2016
doomed and finished...all traders were ramping WOW.....there was no hope....WOW crashed to $16 from high $30....
gone.... business collapsed...WOW no longer a good business....low margin. People did not need supermarket, coles in in etc etc...bla...bla...bla...many posters ramping. All sold in loss....no hope. All HC members cried...swore not to buy sick dog anymore.
then WOW is trading at $40 ish now....
Is the A2 Milk share price a bargain buy?While opinion is admittedly very divided on where the A2 Milk share price is going next, one top broker expects it to rebound higher.According to a recent note out of Bell Potter, its analysts have retained their buy rating but trimmed their price target on the company’s shares to $7.70.Based on the latest A2 Milk share price, this implies potential upside of 34% over the next 12 months.What did the broker say?While Bell Potter has reduced its earnings estimates materially, it still believes the A2 Milk share price offers value for money. Particularly given the good work the company has done rebalancing its inventory after a disastrous FY 2021.Commenting on its inventory, the broker said: “We think the market is underestimating the impact that inventory swaps and sales pullbacks [had] on FY21 and while this is unlikely to be recovered in FY22e, it gives a glimpse of the relative FY21 under earn relative to baseline. As YOY comparisons become softer in 2H22e and with inventory positions reduced we would anticipate a resumption of top line growth to ensue.”“Our Buy rating remains unchanged. Sell-in rates materially lagged sell-out rates in 2H21, implying steps to reduce channel inventories have been effective. As revenues more closely align to point of sale trends we would expect top line growth to return, which could well be complemented by internalising supply chain costs in FY23-25e,” it added.Overall, while the last 12 months have been bitterly disappointing for the A2 Milk shareholders, Bell Potter appears cautiously optimistic that it will be a different story over the next 12 months.
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Remember me with WOW in 2016doomed and finished...all traders...
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Last
$5.56 |
Change
0.030(0.54%) |
Mkt cap ! $4.025B |
Open | High | Low | Value | Volume |
$5.50 | $5.61 | $5.49 | $7.155M | 1.289M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6277 | $5.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.57 | 11611 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3438 | 5.520 |
2 | 2700 | 5.500 |
1 | 3000 | 5.490 |
2 | 6000 | 5.480 |
2 | 4049 | 5.470 |
Price($) | Vol. | No. |
---|---|---|
5.580 | 1000 | 1 |
5.610 | 1553 | 1 |
5.630 | 5000 | 1 |
5.650 | 220 | 2 |
5.660 | 4000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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