Great stock I don't own unfortunately.
next market downturn and I'm in
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take on A2
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Warren buffet said he would rather own a wonderful company at a fair price than owning a fair company at wonderful price. A2 is one of those that has never been cheap if investors are not forward looking. However it isn't all that expensive neither, kraft Heinz and nestle is trading at PE 27 to 30+ with no growth, Danone at 18 also with no growth, A2 on the other hand has 30 to 50% yoy growth in earning to justify it's current PE ratio. I have seen some members argue that it has been too expensive since it was $2 and then when it was trading sideway at $7 for several months.
It is a great company and can be a unicorn in ANZ region because we never have a F&B company that can serve such a vast market at such great margin. - There are more pages in this discussion • 9 more messages in this thread...
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Last
$5.67 |
Change
0.040(0.71%) |
Mkt cap ! $4.130B |
Open | High | Low | Value | Volume |
$5.69 | $5.74 | $5.65 | $1.850M | 324.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 16902 | $5.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.67 | 1805 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 17435 | 5.660 |
15 | 24196 | 5.650 |
12 | 25075 | 5.640 |
12 | 32567 | 5.630 |
5 | 4858 | 5.620 |
Price($) | Vol. | No. |
---|---|---|
5.670 | 615 | 5 |
5.680 | 38346 | 20 |
5.690 | 32956 | 18 |
5.700 | 34141 | 11 |
5.710 | 14225 | 10 |
Last trade - 11.51am 13/09/2024 (20 minute delay) ? |
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A2M (ASX) Chart |