Looks like buyers are coming ^^
Yahoo 7 finance updated A2M forward pe of 20.2
BAL is 20.
BKL 23.80.
Once real China boom get fired,
No one can stop, even professional down ramper.
I am korean, been to many china provinces,
U can pretty much put all EU countries in Land of China.
And China population is twice of EU.
I am really glad to see 800% revenue increase from FY15.
How big China market is ?
This is nothing to do with baby formula but,
One of the famous korean Actor entered Chinese market few years ago,
Then boom!
His income increased 130 times!
That big is China market.
Once get famouse, demand is strong.
How many TV station in Aus?
Only couple of ...
In China,
More 2000!
So imagine this korean actor's demand from lots of lots TV stations
China has more than 300 big cities across.
In terms of market size,
2~3 cities = 1 Australia.
That big.
From the very begining of my investment decision on A2 & BAL made by China demand.
South Korean's biggest market is China.
Used to be US before.
There are so many korean companies entering China Since 2009.
U know what?
Korean Cosmetic comapies Share price up by 1000~5000%.
Gaming software comapanies...
And Bio companies ...
Even, Korean bakery companies too.
One of korean bakery company has more than 1500 branches in China.
Do not just invest A2& BAL by their domestic sales figure increase.
(50% of cans go to china tho)
China is really big mate.
Any company entering china, if they successfully settle down,
Then growth rate is like bullet.
Even if u have small number of shares,
It will become a lotto.
Cuz many things will happen,
Like, maybe on of the big china company invest heavily on A2?..
Who knows.
From my experience from successful korean companys case,
So many good things will be happened to A2 & BAL.
We just wait and see.
Opps. Holding some shares . Dont forget.
There are many PSY like companies in Korea after successfully settle down in Chinese market.
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