Showing posts with label A2 Milk Corporation Ltd. Show all posts
Showing posts with label A2 Milk Corporation Ltd. Show all posts

Thursday, February 22, 2018

Share Investor Buys ATM - A2 Milk Ltd

Well Ive finally done it.

I bought 2000 ATM @ $12.85.

It is purely (perhaps) a temporary thing. I have not decided yet ;)

The shares are rocketing up again and I could stand by no longer.

It makes an interesting in demand product with independent scientific studies done to back it up.

It is making an increasing profit and that looks set to continue.

It is however overvalued but you cant argue with what is going on in the market since ATM announced their profit yesterday, plus there's the added bonus of all that lovely volume of shares - its big - for this country.

Let the momentum continue.

ATM @ Shareinvestor

ATM Milk Corporation
Share Investor; Guest Post: Study suggests link between A1 Beta-Casein and Type one diabetes 

Share Investor 2018

Wednesday, September 27, 2017

A2 Milk Corporation

A2 Milk Corporation Ltd [ATM.NZX] chart looks like a plane is taking off, as it does it appears to be dropping left-lets over China because that is where the buying and selling of this stock is coming from.

There has been $22 million passed today, so far.

A chap asked yesterday via this website what I thought of this stock now it was over 6 bucks and heading over to over 7.

I said something like it was a stock based on true value but like Fisher & Paykel Healthcare Ltd [FPH.NZX] and Mainfreight Ltd [MFT.NZ] amongst other stocks, it was getting way beyond its value.

It has a PE ratio of over 50, more than both MFT and FPH and 12.49c in earnings per share.

To be fair it will continue to go up with earnings approaching 20 cents per share next year but which ever way you look at it it is overvalued.

I also think I said that this stock looks like it is on the (Chinese) fast track to the stratosphere so would be surprised if it put on 2 bucks (conservatively) before xmas.

I politely refused to utter anything material on the stock, except to say I had been watching things from late last year.

Good luck.

c Share Investor 2017