Of course coys pullback noting goes up in a straight line until the trend changes mate you go with the trend an for these dairy vitamin stocks its down right now that can an may change but 2.36 to here with predicted earnings is a real red flag in my opinion
the EPS looks sensational on paper an growth looks good however questions burn why no trading update if things are gang busters why let the market cap get smashed for holders ?
Will they need to raise capital to fund expansion marketing the new plant in Sydney etc where will the funding come from I have made provision for 40 million funding gap in my valuation model
will the coy have to drop the price at the farm gate an the supermarket as major competitors are doing ?
tell me this all we hear here is going gang busters sales are huge massive profits coming US gang busters then why on earth are you seeing the SP carted to here just three weeks to the EOFY 16 something does not compute there
The more expectation the more the fall will be on disappointed in that expectation so I think if no huge upgrade an they only meet guidance or the lower end this will get smashed in my view
How well are the US an UK markets performing will this be seen as a drag or a positive in my view a drag as they wont make any real huge profits given the half year info UK only just broke even this year after how long ?
They had a go at the US market once before its a very tough market to break into anyone have sales figures from the US not stores sales data ?
A2M Price at posting:
$1.41 Sentiment: Sell Disclosure: Not Held
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