Peat, NAH wrong attack, A2M sells itself, cheers.
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Hi Leftfield,
I think some of your interpretations are wrong.
Synlait actually owns the accreditations for the Chinese market, not A2. Synlait could (and might) well sell other (non A2) IF into China, but they definitely produce and sell A1 IF into other countries.
To the best of my knowledge - all IF A2 is shipping from New Zealand is produced by Synlait, however Synlait has as well a number of other (non - A2 ) customers.
As indicated - Synlait has easy access to at least three NZ ports (and they have all "Inland ports" in Rolleston - just a stone throw from the Synlait factory). I assume Synlait is using more than one of them.
There are other big IF producers in the South Island (Fonterra and Westland Milk). They will as well use all of these ports (depending on who offers the best deal).
Which means that there is no point in trying to correlate the IF shipments of one port (which could come from at least 4 different sources) with the assumed business of one particular brand.
That's fine BP, I stand by my key assumption....."So the figs represent a lot more than 'nothing', they indicate that ATM is on course to reaching its market guidance (and more.)"
But if you want to dismiss them, that's fine with me."
Nicely put, for some there's no convincing without hard facts, but here the only facts are a total weight of IF exported from one port. That will never satisfy an engineers mind that needs to know the precise detail. For the rest of us, it's indicative of a positive trend, which is enough to get us through to the May results.
Pretty positive response on the SP regardless of the sideliners and teeth gnashers, just keeps on keeping on. Can't wait for the next exit and then the re-entry afterwards, if one follows A2M, might double the shareholding again or thereabouts, this is a momentum traders dream (pretty good for long termers as well, they're killing it!) ATM not so much.
()
"Synlait actually owns the accreditations for the Chinese market, not A2. " this is the bit that I dont understand. A2 only own the marketing concept and everything else owned by SML. Most people always think a2 can go to fonterra or other supplier ...my question is how? how long others can get SAMR approval? when was the last time SAMR approved overseas IF? surely you are not expecting ATM to achieve 1B$ through DAIGOU. (Good luck with BAL's approval, I would say BUB have more chance than BAL at moment.)
it seems A2 management love to dump shares when SP goes up along with volume. I guess we are safe for now. otherwise again, we are back to stone age.:D
Taken from a very popular shopping mall in Hong Kong today. Shops are preparing for the "5.1 Golden Week", and can see them actively promoting Atwo by Illuma. Illuma ATwo chose Hannah Quinlivan, wife of Asian MEGA popstar Jay Chou, as their brand ambassador. Looks like the battle is intensifying.
Attachment 10508
Heading towards $17.00
The word is :PANIC!:eek2:
Panic short covering, that is. :t_up: