Fundamentals have deteriorated considerably with global cVD policies.
A2 wont go bankrupt with huge piles of cash,
but have they got a moat?
Purely of a technical perspective, no body is talking about A2.. its off the media, it's not on the headlines, these are the types of plays Peter Lynch likes, unloved, unwanted, but with solid balance sheets, average holding time for a turnaround like this is 5 years, so patience is the key, but wise to keep an eye on competition to see if they are taking market share in the meanwhile. It may be an asx market darling again at some point and it is all swings and roundabouts,
It really has held up bvery well IMO considering the somewhat orderly sell down in equities over the last several months.
We will see if this Bullish wedge can hold.
A2 wont go bankrupt with huge piles of cash,
but have they got a moat?
Purely of a technical perspective, no body is talking about A2.. its off the media, it's not on the headlines, these are the types of plays Peter Lynch likes, unloved, unwanted, but with solid balance sheets, average holding time for a turnaround like this is 5 years, so patience is the key, but wise to keep an eye on competition to see if they are taking market share in the meanwhile. It may be an asx market darling again at some point and it is all swings and roundabouts,
It really has held up bvery well IMO considering the somewhat orderly sell down in equities over the last several months.
We will see if this Bullish wedge can hold.
評論:
A2m released their report and surprised to the upside, margins have expanded, market share is back, growing revs and NPAT. price is starting to appreciate the fundamentals. Happy to continue holding.
評論:
In the money on this thesis. seem to be gaining market share. Continuing to hold the position.