STTCOMP JAT TA LONG
Market Cup: $48 mil
Producing and exporting dairy products.
FY2019 report should show +3000% revenue increase compared to FY2018 report.
Fundamentally look great and undervalued compared to other milk companies. With recent aquisition of Australian Natural Milk Association Pty Ltd (ANMA) dairy product manufacturer with CNCA/SAMR approval to export infant formula to China this problem mentioned on 8th August announcement will be resolved: "The Company’s recent growth in sales and distribution partnerships has brought the sideeffect of difficulties in securing sufficient manufacturing capacity to meet demand for its products."
Share price on support. 2 big share price spikes with big volume in a month shows that price want to go higher and pullback on low volume gives great opportunity for entry.
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Change
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