AAC 0.00% $1.38 australian agricultural company limited.

Yes, my estimated forward P/E of 11 makes AAC look like a great...

  1. 17 Posts.
    Yes, my estimated forward P/E of 11 makes AAC look like a great opportunity (especially for a supposed growth company) but it is contingent on so many things. The low fuel price, the tariff reductions, the weather and especially the cattle prices have to be maintained. And as Lindo says , this year the $100 million, has to flow back into the bottom line. Most important is that the massive cattle price increases have to flow to their main "boxed beef" product. at the moment this output isn't getting the same benefit as live cattle price increases. You would think market forces would mean that it soon will but in this industry how would you be sure.
 
watchlist Created with Sketch. Add AAC (ASX) to my watchlist
(20min delay)
Last
$1.38
Change
0.000(0.00%)
Mkt cap ! $852.9M
Open High Low Value Volume
$1.38 $1.39 $1.37 $277.1K 201.0K

Buyers (Bids)

No. Vol. Price($)
7 2173 $1.38
 

Sellers (Offers)

Price($) Vol. No.
$1.38 7980 8
View Market Depth
Last trade - 12.38pm 04/12/2024 (20 minute delay) ?
AAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.