Tag: ASX:A2M

A2M:ASX is a high-risk recovery play into the second half of 2021. The driver will be a stabilization in the earnings picture and/or the potential for a takeover offer.

Investors may consider delaying the entry until we see a break above the 10 day average.

A2M:ASX is a high-risk recovery play into the second half of 2021. The driver will be a stabilization in the earnings picture and/or the potential for a takeover offer.

Investors may consider delaying the entry until we see a break above the 10 day average.

The A2 Milk Company is under Algo Engine buy conditions and has been among the worst-performing stocks within our ASX 100 model portfolio.

Downgrade to earnings as a result of the impact on the Daigou channel sales into China has resulted in EPS likely to be down 32%.

The market is not expecting any further negative surprises, as the company last provided an update in December. 1H21 results to be announced on 25th February 2021.

The A2 Milk Company has now broken through the 10-day average and may be in the early statges of a recovery bounce.

Remain cautious and consider a stop loss should the price action reverse back below the average.

The A2 Milk Company has now broken through the 10-day average and may be in the early statges of a recovery bounce.

Remain cautious and consider a stop loss should the price action reverse back below the average.

The A2 Milk Company is under Algo Engine buy conditions and we highlight the price support that may be in the early stages of building near the $13 level.

Watch for the short-term momentum indicators to turn higher.

The A2 Milk Company is under Algo Engine buy conditions and we highlight the price support that may be in the early stages of building near the $13.50 level.

Watch for the short-term momentum indicators to turn higher.

The A2 Milk Company buy at market and apply a stop-loss on a break below $16.00.

The A2 Milk Company is under Algo Engine buy conditions and we highlight the price support at $16.50.

Watch for the short-term momentum indicators to turn higher.

The A2 Milk Company is now under Algo Engine buy conditions and has recently been added to our ASX 100 model portfolio.

A2M reported 2HFY20 earnings showing strong EPS growth underpinned by higher infant formula volumes.

The result fell slightly short of high expectations, although revenue growth remained strong, increasing by 30% on the same time last year and FY20 EBIT jumped from $410mn to $550mn.

FY21 consensus for EPS growth is 15%.

At 30x forward earnings and no dividend yield, A2M is expensive but the growth metrics remain attractive.