Looks like consultant fees at the infant formula company A2 are likely to be cut but its marketing spend will remain despite concerns over the impact of the deadly coronavirus gripping the region. That is a whole 20Mil.
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Looks like consultant fees at the infant formula company A2 are likely to be cut but its marketing spend will remain despite concerns over the impact of the deadly coronavirus gripping the region. That is a whole 20Mil.
This guy Sam seemed to have the same view that IF is an essential food.
Citi analyst Sam Teeger on Thursday upgraded his call on a2 Milk to 'buy' as he sees upside to the company's first half-sales and margins due to consumers stockpiling baby formula in China as concerns rise over essential items being available.
I just posted what have I read people. Please DYOR.
blackmores said the same about short term demand for there products because of stockpiling , where i disagree with tthese analysts is that it doesnt mean more demand over a longer period. you dont feed your baby more than necessary . more stock piling less buying in the future.
The shorters are up again , trying to get the Sp down as much as they can until 27/Feb.
The shorters are up again ,have been trying to get the Sp down as much as they can until 27/Feb.
I wouldn't trust Teeger or Citi full stop, just notorious game players for their own purposes, they will slap a sell on it once they have scalped the market as they have done before, rinse and repeat.PS-Thankfully we can make our own independent decisions aside from these clowns.
Lol someone's keen to sell 150k plus shares at $15.97, not something to do on the NZX.