"A2m is a hell of a lot better value at 1,40 Than it was at 2,36 but the fact remains the market cap does not justify the current SP it is my belief the FY will sort the wheat from the chaff"
Okay buddy...honestly had enough.
Would like to see how you get out of this one.
At yesterday's close, A2M had a market cap of $932 MIL (I hope you know how you come to that figure but just in case you don't - because you may actually not, I will post a screenshot from Commsec)
View attachment 192351
Similarly at yesterday's close, BAL had a market cap of $1.03 BIL (again, just incase you don't believe me, I will post the screenshot).
View attachment 192352
Here, let's point out that from the most recent upper guidances from both companies: A2 was forecasting 350mil in revenue and an EBITDA of $49 mil. BAL was forecasting 260 mil and achieved an EBIT for the first half was 19.1 mil but did not give a forecast for the second half.
Now here comes the funny bit. In terms of simple valuation for the two companies, the two companies are pretty similar in size in terms of how much net profit (taking into account that A2 is making further investments in the US and BAL increasing their profit for H2), they are pumping out. Yet you seem to be downramping A2 like no tomorrow and upramping BAL
View attachment 192359
Oh and if you pay a little more attention, the price at posting was actually a lot higher than yesterday's close ($11.49 as opposed to yesterday's close of $10.66). At that price, BAL's MCAP would have been approx $1.11BIL. I find that very strange...why are you being so positive about a company with a bigger market cap (making a very similar net profit and a lot smaller gross revenue) yet be very negative about a company with a smaller market cap (making very similar net profit and a lot larger gross revenue). Would love to hear your thoughts....(if I am not once again ignored...like you always do when I ask questions that requires a semi brain to answer)
Please explain.
(20min delay)