Nothing wrong with that strategy, any company involved in selling a product do resort to those methods especially when trying to get rid of unwanted stock, in this case old label IF product.
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I echo what sb9 has just said. As an example have you ever noticed that new cars dealers discount old stock before the facelifted model comes out ? Everyone wants the freshly "Gee Wiz" labelled stock. Welcome to the commercial world and reality of how things really work. Some people will try and conjure up nefarious theories from the depths of their imagination while others understand how retailers work.
think your all assuming its old stock
It worries me that bull trusts Goldman's. Lol.
past experience shows if it drops hard in aus it bounces quick ... see if the same happens better than a slow grind down lol
30% margin on sales of nearly billion dollars, not sure anyone with a right mind would disagree with that kind of profitability.
We’ll be over 12 bucks by days end
Woohoo !!!! They just did $262m for the last quarter against guidance of $250m (4.8% beat for the quarter against mid point of forecast for those that want to know the facts) so I'd say they're comfortably on their way to your target for FY19. http://www.4-traders.com/A2-MILK-COM...ncials/Trading on a forecast FY19 PE of 31.