There was a segment on "Which milk is the best for you" on Australia's Sunrise programme: https://au.news.yahoo.com/milk-best-233451804.html
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There was a segment on "Which milk is the best for you" on Australia's Sunrise programme: https://au.news.yahoo.com/milk-best-233451804.html
I think the SP has found a fair and comfortable spot until the next update. Been interesting watching SML catch up
Probably just got a bit oversold down at around $12 and once we saw upside momentum building today there was probably some short covering going on.
(Watch for a higher exchange rate adjusted price on the ASX to test the validity of my short covering theory at 6.00 p.m.).
a2 milk has been surprisingly quiet, what are you thoughts on them doubling profits in their next earnings announcement, because the PE ratio demands that kinda growth.
Not really. Im expecting 200m NPAT for the full year. Given their increased marketing spend, global expansion and large reserve of cash a forward PE of 45 seems very reasonable. If ATM again surprise with let's say 220 NPAT + then you could be looking at a PE under 40.
Despite categorizing this stock as an overvalued stock after stellar run, still it is maintaining its uptrend. Who thought this will trade PE ratio over 60. In my opinion it seems mainly growth players are having some faith on this stock. Could there be some correction on the way?
I quoted from the following link.
Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment.
https://simplywall.st/stocks/nz/food...zeatm-at-9-05/
http://quotes.morningstar.com/stockq/analysis-report?&t=XASX:A2M®ion=aus&culture=en-
https://milfordasset.com/insights/fo...done-whos-next