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$6.24 the a2 milk company limited

Yes just stupid, even boring old no growth Telcos trade on a PE...

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Kasper61

3,435 Posts.

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19/12/20

07:50

Post #: 49697298
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Originally posted by Swage_17: ↑

A PE of 12!? Are you even thinking this through? A PE of 12 would give it a market cap of 3bn. That is beyond ridiculous. Just as Ludacris as me suggesting a PE of 60.
Im really glad to see so many on here predicting lower prices. It gives me comfort because if everyone on the forum thinks price will go up it seldom does. Vice versa. This has given me comfort in my decision to top up. When price is going down people come up with figures like 5 dollars per share which are just as (or even more) unlikely than suggestions of a 30 follar SP when the stock is heading up.

as long as the business model is intact the SP will not drop below $8 and the bottom could already be in. I am expecting consolidation in the 11 to 12 dollar range until Feb. If they can show improvement and tracking towards the upper end of guidance the SP will reach $15. Not closed to the stock price dropping to $8.14 before then.

ofcourse if there is another dowmgrade it could go lower but I am assuming that won't happen as the targets arent lofty.

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Yes just stupid, even boring old no growth Telcos trade on a PE of 20.

A2M Price at posting: $10.14 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $6.24		Change -0.010(0.16%)		Mkt cap ! $4.517B

Open	High	Low	Value	Volume
$6.24	$6.37	$6.17	$22.92M	3.661M

Buyers (Bids)

No.	Vol.	Price($)
1	45332	$6.23

Sellers (Offers)

Price($)	Vol.	No.
$6.28	9001	4

View Market Depth

No.	Vol.	Price($)
1	45332	6.230
2	14713	6.220
1	600	6.210
3	201003	6.200
2	9347	6.190

Price($)	Vol.	No.
6.280	9001	4
6.300	3661	4
6.310	14884	3
6.320	19347	2
6.330	5196	2

Last trade - 16.10pm 30/09/2024 (20 minute delay)

A2M (ASX) Chart