Hi Swage,
Thanks for the heads up on Morningstar coverage. I think AUD 13.30 / NZD 14.60 is a 12 months forward price target. Their report says " justifying the lofty 40.6 price / FORWARD earnings multiple our valuation implies".
Their 30/6/19 price target calculation from their report is 40.6 X 30/ 6/19 estimated EPS .357 = NZD 14.49 which is more or less the 14.60 above.
This is conservative because A2M is a big cash box and their capital management will become an increasing positive.
A2M must be a prime takeover target.
I cannot think of a better stock to buy as a trade or long.
Hi Swage, Thanks for the heads up on Morningstar coverage. I...
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Last
$5.75 |
Change
0.100(1.77%) |
Mkt cap ! $4.142B | |||
| Open | High | Low | Value | Volume |
| $5.73 | $5.76 | $5.66 | $5.368M | 923.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 12354 | $5.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 15817 | 18 |
View Market Depth
| Last trade - 12.03pm 22/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |