CEO contributed precisely zip to those results.
Printable View
Down to $9.85 half an hour after opening - those Ozzies sure know how to destroy capital.
SP needs a Trade Me non-binding indicative proposal.
Am looking forward to the HY results in about 12 weeks or 6 weeks after the Christmas holidays :D. Sp should be a lot stronger by then, or when shorters in Aussie get board with it.
When the Aussies get their surf board out?
https://www.youtube.com/watch?v=_cbsyUritIk
From twitterland a random call
Mark Lister (@MarkListerNZ)
22/11/18, 7:31 AM
A good day ahead for a2 Milk shares methinks.
Please note only gurus and awesome cool cats can make random calls on the A2 share price. Methinks it could be such a good day that 11 bucks is possible.
I've given it a lot of careful though anf have decided to put Herdlickers share sale behind me and move on. I've concluded it was essentially a poor Board decision and cash should have been offered instead. While I accept its not a good look I also have to accept it is her right to do as she likes with her own finances. In the end I have decided ATM is not Herdlicker. I remain of the view opportunities outweigh risks and this remains a solid long term hold. So for the time being I remain a holder, though a somewhat frustrated one at that. I'm now looking forward to SML's AGM (which unfortunately I wont be able to get to in person) and hope next week will end a bit more positively.
Goldman has released research today with regards to the regulatory changes 'China: New Cross-Border E-commerce policy: A clear positive signal to imported goods'. There was some more information released last night on the official Chinese government website that states that imported goods sold through CBEC will be viewed as ‘Personal Use’ items, and not require registration or a filing process.
It's all in Chinese so I don't understand it but Goldman is pretty positive.
IN part it says
"Although the news didn’t specify any time limit for the upcoming new policy enhancements, we believe the policy changes will largely lift concerns over the legitimacy of selling adult supplements, infant formula and cosmetics and other categories through the CBEC channel, at least in the near to medium term.It’s also worth noting that the new policy will increase the single transaction threshold to RMB5000 from RMB2000 currently.
........... Lastly, given that China authorities officially view CBEC imported goods as ‘Personal Use’ items, we see the government is likely encouraging consumer traffic to shift to the CBEC channel from the daigou (individual resellers) channel, and inconsequence will further tighten daigou sales (personal luggage or direct parcel shipping) under the new E-commerce law".
Seems this overhanging risk now is removed. Looking forward to a good day today.
Found the link out of China if anyone is interested http://news.cnstock.com/news,bwkx-201811-4301193.htm
It looks like I may get my shirt back on opening yay