Go A2, go!!!! Here we come, China!!!!
Printable View
Go A2, go!!!! Here we come, China!!!!
Well the seller does not seem to be that impressed by the announcement. If it is still AMP then there is potentially another 37 mill to sell boys!
If it is AMP then I stick with my supposition that the sales are driven by mandate not logic. How much more good news can there be? Chinese distribution networks increasing, sales up in Aussie, product diversification, dual listing, scientific evidence on the rise, revenue multiple to market cap falling, expanding o/seas markets etc.
Well, I guess a buyer has typically a different perspective than a holder and / or a seller ...
Looking at the stock - yes some of the promises don't look too bad. However - if I look at the forward PE (60), than the share appears to be currently even at 30+ percent growth rate quite dear. Might be tempted though below 50 cents .. who knows, if the long term trend continues, maybe we get there before Christmas? :sleep:
Correct me if I am wrong, but is P/E a good measure with ATM who are using all the E side of the equation to grow sales (and doing so successfully)? Their just reported earnings were 10k, they used all their dosh to jump into other markets, 3m in the UK alone for instance.
I wonder if they just stuck to Aus, what would their real profit be?
Just using the updated numbers NT's broker provided blobbles. 37mil, 30mil, 25mil, 20mil...it doesn't really matter, its still an awful number of shares which would seriously affect SP for some time if they were dripped into the market.
I do agree with you response to P/E though based on the june 30th earnings. P/E for this company is virtually irrelevant as it is for most growth companies.
Even to do a DCF under a EBITDA multiple method or perpetuity growth method is difficult. Assumptions around earnings growth factors, terminal value etc are pretty loose.
Speaking of CCL I think they're a BUY right now :) CCL.ASX
Milk and coke.
Maybe they could merge and make cokemilk.