P/E of high 20's is still relatively cheap compared to the premium you pay for almost all other growth stocks on the asx. While A2M is a consumer staples company, its business model is more about branding, putting it into a different category than say a pure consumer staples pureplay like coles for example.
As for the declining revenue, that is only a short term forecast. Long term, this company is still pegged to grow at a high percent. Sure, you'd be wary if you have an outlook of 6 months to 1 year, but anything longer than that, you'd be picking up A2M here.
This is a once in a lifetime stock, like buying Coca Cola as it was taking off, or nike or any established brand for that reason..
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Last
$6.99 |
Change
-0.120(1.69%) |
Mkt cap ! $5.053B |
Open | High | Low | Value | Volume |
$7.00 | $7.07 | $6.96 | $10.80M | 1.545M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 13394 | $6.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.99 | 4946 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1658 | 6.950 |
1 | 144 | 6.910 |
2 | 301 | 6.850 |
1 | 10000 | 6.810 |
5 | 5678 | 6.800 |
Price($) | Vol. | No. |
---|---|---|
7.000 | 2777 | 2 |
7.080 | 3000 | 1 |
7.100 | 2044 | 2 |
7.120 | 2248 | 2 |
7.130 | 250 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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