Originally Posted by
Gregnz
Didn’t forget about Covid, how ridiculous.
You do realise that babies didn’t suddenly stop drinking milk when Covid hit, considering it hit China back in December.
So, what, 10 months with no infant formula?
I’m certainly not counting on 11:11 generating a miraculous recovery in the SP, but also as I’ve said these things provide more upside to downside.
It’s also not a case of 11:11 being priced in, also a ridiculous statement. It’s never priced in any other year, so why would investors start now.
I may be proven wrong come next update, but my contacts in China are predicting an even bigger 11:11 this year vs previous, and seems A2 have been rapidly expanding their direct channels in China to supply product, and appears the demand is still there.
Time will tell I guess.