I'm sure if your negative comments were well thought out, coherent and reasonable that there would be few attacks on you.
i.e.
A2M = Fonterra well they both use milk I guess...........
SP going south before north = that may well be true but if we look at historical prices for this stock I suspect we are very close to the bottom unless guidance says we will reduce sales again. PE of ~27 for A2M is fairly low for its recent history. Will it hit $20, not soon IMHO, but if sales are imporoving again $13+ would be easily achievable.
A2M only sells A2 Milk = well yeah in high margin Formula, fresh milk etc. Better margin than Fonterra's butter and cheese I'm sure.
Negative posts and opinions are ok. Its just that few negative posters actually put up a lucid argument.....
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Last
$6.23 |
Change
-0.090(1.42%) |
Mkt cap ! $4.510B | |||
| Open | High | Low | Value | Volume |
| $6.30 | $6.31 | $6.17 | $6.785M | 1.089M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5458 | $6.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.24 | 13490 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |