A2M 1.13% $6.25 the a2 milk company limited

I’m absolutely impressed with how A2M has blown expectations out...

  1. 74 Posts.
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    I’m absolutely impressed with how A2M has blown expectations out of the water, leading to a number of brokers updating their positions.

    The management team are truly professionals. They are just so smooth, they kept quiet after their Aug announcement, even when the SP dipped to $6.35 earlier this month... their SP had the highest close ever.

    A2 also didn’t provide a forecast for 2019, most people would guess 2019 rev would be ~$800m, however Synlait have just opened their second processing plant this week. This is going to provide so much more capacity for A2 to pump out more IF from say Dec onwards. Also, with PRC delaying the registration process until later next year - A2 can continue pumping out the IF provided they have the milk.

    I cannot wait to hear SM1’s update next week.

    I also cannot wait to hear what a2 has to say in Feb 18.

    I note that between now and Feb, Bub, bal and wha might throw some curveballs (i.e negative news etc) which would impact A2s SP but i have confidence that the management team will be able to steer the company away from any obstacles.

    The surge i pricee reminds me of Nov 2015 when a2 skyrocketed past $1. People were downramping and talking abt Bal being the darling.

    Downrampers, sorry that you guys missed the boat but i think it’s time you guys pick on another stock.

    I’m not a TA or FA expert, i’m neither an active trader, just someone who got in early and thank you to all contributors to this forum... anyone hear from mark06?!!
 
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Last
$6.25
Change
0.070(1.13%)
Mkt cap ! $4.518B
Open High Low Value Volume
$6.20 $6.25 $6.10 $21.79M 3.517M

Buyers (Bids)

No. Vol. Price($)
1 6450 $6.21
 

Sellers (Offers)

Price($) Vol. No.
$6.26 1000 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
$6.21
  Change
0.070 ( 0.66 %)
Open High Low Volume
$6.18 $6.25 $6.10 841704
Last updated 15.59pm 29/03/2024 ?
A2M (ASX) Chart
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