hey h man. I also have some mini long warrants for some icing on the cake. Do you have a target SP in mind for yours? I know you are a Fib guy, but not sure we are going to hit $17 in a hurry.
I think these results on a qualitative level show how good the company's strategy and market position is. Listening to Jayne on bloomberg, she was pretty keen to give it to the interviewer who was questioning why all the other IF manufacturers were indicating slow down. She outright stated 'we are not seeing it' and 'quite the opposite', ie we are taking share off these guys cause we are more nimble across our channels and have MEGA margins and we have a unique point of diff and are trusted (unlike Nestle copy cats etc).
So my thinking is that analysts will come out in next few days and loosen up their risk profile for A2M and actually believe both the great numbers and direction of the company given they are taking advantage of their huge margins to spend more money to develop China markets, especially lower tier cities. If that is the case, I think there will be some decent upgrades. I know a couple of analysts in the past have aggressively removed market development costs from figures (as well as cash/SML investment) to come up with compelling high valuations. If that is the case, I think the SP will push higher for next 3-5 days. May even withstand the usual management share sell off. Still many shorters way out of the money. My guess is that would be the period for short term peak in SP.
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hey h man. I also have some mini long warrants for some icing on...
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Last
$5.72 |
Change
-0.010(0.17%) |
Mkt cap ! $3.808B |
Open | High | Low | Value | Volume |
$5.73 | $5.75 | $5.68 | $3.318M | 580.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 13511 | $5.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.72 | 2051 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5399 | 5.630 |
6 | 17273 | 5.610 |
4 | 33072 | 5.600 |
4 | 20359 | 5.590 |
2 | 7656 | 5.580 |
Price($) | Vol. | No. |
---|---|---|
5.650 | 7091 | 2 |
5.670 | 9037 | 3 |
5.680 | 9833 | 4 |
5.690 | 6747 | 2 |
5.700 | 8222 | 4 |
Last trade - 14.19pm 29/11/2024 (20 minute delay) ? |
A2M (ASX) Chart |