Just one that I can think of mate :)
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beagle says — this company is shaping up as the premier growth stock on the NZX ....
NO NO you are WRONG
It’s the premier growth stock in the world
Already getting US punters interested .....watch the rush as they come after your shares
Do you really expect to buy a company growing earnings at 150% on a market average PE for 2018 earnings of about 22 ? If so its time for a serious reality check mate.
Companies growing earnings at this rate on the NASDAQ can trade at 100 times earnings or even more ! Bottom line is the PEG (Price earnings to growth) is just on 0.2. Anything less than 1 is considered good value. 0.2 is exceptional value and I would reiterate, for much of this half they were product supply constrained !
My one reservation with this company about how they are going to source enough A2 raw milk in the future has been solved with the Fonterra strategic agreement.
the average pe for dairy companies is what should be compared against , its not a tech company lol