A2M is expensive.
- It has a high PE ratio.
- It has uncertainty regarding CBEC not dispelled, which will perpetuate if not eliminated in the next announcement.
- It has a CEO that sold all of her shares.
- It has many positives in terms of demand for their product, but supply can't meet all the demand.
- It has a growing market share in China and strong Synlait ties
- It has a Fonterra alliance that appears to have delivered very little
- Cash is growing
- Australian competitors are suffering (BAL)
- We know very little about their foray into the USA despite a strong distribution network
The numbers will speak for themselves on AGM day. In my opinion, anything below NZD 350 million in sales will see a major sell off.
Fingers crossed that the numbers are better than what analysts expected.
Singles Day Sales Data!, page-86
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Last
$5.32 |
Change
-0.085(1.57%) |
Mkt cap ! $3.924B | |||
| Open | High | Low | Value | Volume |
| $5.38 | $5.47 | $5.31 | $5.567M | 1.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 16421 | $5.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.32 | 6708 | 14 |
View Market Depth
| Last trade - 13.32pm 18/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |