ALL, CTD, CGC, A2M

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Question asked 17/03/2021

ALL, CTD, CGC, A2M

Afternoon James In your weekend review could you consider if ALL and CTD have much further to run and if so around what values. Has Costa also topped out at current levels - I am consigned to a loss on this one so it’s just a judgement call on when to bail ! Also around what value do you think A2 May stop dropping like a stone and become a potential buy. ( if indeed it has a future ) Thank you again for all your insights and work in keeping us nimble. Mike

Answer

Hi Mike,

Lots of questions here so please excuse the brevity with each answer:

• Aristocrat (ALL) $34.92 – our ideal profit target remains ~5% higher.
• Corporate Travel (CTD) $22.26 – has reached our target area and if were long this would be on our radar to lighten.
• Costa Group (CGC) $4.45 – MM recently cut our holding in CGC at a loss. We think it’s topped
• A2 Milk (A2M) $8.75 – at this stage we are not considering averaging our position and it might become a candidate where MM could consider deploying the funds elsewhere.

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Corporate Travel (CTD)

LAST UPDATED 17/03/2021 17:48

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Aristocrat (ALL)

LAST UPDATED 17/03/2021 17:38

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