XAO 0.04% 8,019.4 all ordinaries

Short Term Trading Weekend Lounge: 23-26th Mar, page-129

  1. 13,316 Posts.
    lightbulb Created with Sketch. 168
    STTCOMP AHF, FA Long​

    MC $48m​

    Cash: $5.1M ​

    SOI:$241.7M

    Australian Dairy Farms Group owns 5 dairy farms in Vic and just announced today moving into organic instant baby fomula market. Now given running and already near double what was trading at yesterday why recommend it. Well given infant baby formula flavour of the month and BAL trading at $2.5B and A2m at $9.3B on FA grounds I can easily see AHF trading up to $200m short term based on pure peer comparison valuation grounds, stage of development etc. Hence time to nominate this to test how accurate my FA call is.
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.