Australia almost closed 30% up in one day......... over $12 tomorrow morning in Nz . It baffles me that this company maybe well over $15 by the end of the year if numbers keeps coming
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Australia almost closed 30% up in one day......... over $12 tomorrow morning in Nz . It baffles me that this company maybe well over $15 by the end of the year if numbers keeps coming
All a little silly now..still i will take it..a modest shareholding which is now worth a reasonable amount :-)
What a day.. wonder where the a2 story will be at, in another few years.
NZs largest company and many kiwis have never heard of it.....yet.
As stated earlier today I think 20 cps is achievable for the second half so 33.7 cps for the full year, current year PE is thus 35 based on my forecast. Looking further out the runway to future profit growth is abundantly clear for anyone with a modicum of vision and perception. 35 is not by any means unprecedented on the NZX and there are several stocks on the NZX trading on similar multiples ALL with VASTLY more modest growth prospects. Examples that spring readily to mind off the top of my head are AIA, POT, FPH.
Did the Australians like the result ? Well I think we can now say that was a very emphatic YES !!
Big volume here just over 5m shares traded for $56m in value and closed at $11.75 but what about in Australia !
A whopping 27m shares for over $A290 million in turnover and closed at $A11.30 = $N.Z.12.09 !
Well that's another day done and dusted, a very good one, must be time for the beagle's milk and cookie for supper.
On another forum KW said she is hoping that ATM becomes the next Danone. Danone's market cap is 43 Billion Euro's.
Give it ten years, I wouldn't bet against that happening, such is the remarkable power of very high compounding earnings growth.
My shares are in the bottom drawer and someone will need to prise them out of my dead lifeless hands at some stage, (hopefully in the long distant future)
Share price well over $12 today ....maybe $13 I hope
Been pretty spot on with my ATM ‘predictions’ lately ....even if only a few days too early
ATM my first ever 20 Bagger!! :t_up:
Forbarr revised price target $13 - outperform.