Jane said after the China and US, they will expand to other markets. She knows of the growing middle class in Asia.
Note: They will double the marketing spend 2H 2019 and continue their marketing in FY 2020.
Therefore, We can see more revenues in FY2020 (Can it reach NZ 2B+ ?and beyond (although some analysts expect full year FY 2019 NZ1.3B). In my opinion, A2MC will break even in the US in FY 2020 (Although they said FY 2021).
Most Asians follow the trend in the US, If it is highly in demand in the US, they will follow them.
If the exponential grow continues, I can not fathom the Revenue, NPAT and share price in 5 years. Would it be over sp 50?
All in my opinion. DYOR.
Media Updates, page-1407
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Last
$5.69 |
Change
0.880(18.3%) |
Mkt cap ! $3.808B | |||
| Open | High | Low | Value | Volume |
| $5.59 | $5.72 | $5.38 | $36.34M | 6.552M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 43983 | $5.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.69 | 21695 | 15 |
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| Last trade - 13.40pm 22/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |
