An item about Parmalat criticising A2 for damaging the dairy industry as a whole. It reads a bit as though they do not like the increasing share of the market that a2 is garnering. See http://www.stuff.co.nz/business/farm...out-at-a2-milk
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An item about Parmalat criticising A2 for damaging the dairy industry as a whole. It reads a bit as though they do not like the increasing share of the market that a2 is garnering. See http://www.stuff.co.nz/business/farm...out-at-a2-milk
"This is not a milk war issue in terms of share, it's about the dairy industry. My primary concern is that we have something in the market that is denigrating normal milk,"
I thought A2 was the normal milk, A1 being a genetic abnormality, but ok.
It’s not ATM’s goal to replace A1 milk, and at some point I think ATM will increase to an optimal market share within each country whereby the product almost but not quite normalises as a staple, going beyond this point would put the price premium at risk. Could be 15 or 20% market share, who knows, but a ways off yet.
But at the end of the day, given all the dairy industry consolidation going on in Australia, there is nothing to stop Parmalat making a takeover bid for A2 Corporation.
Airedale, and whoever is interested... I received a letter back from a2 about the premium infant formula. It focused on transitioning babies from breast to formula and sort of dodged my questions relating to the taste compared to other formulas. They also did not address whether babies preferred a2 to other formulas - only to say that some babies have relief from digestive comfort when moving to a2, and that it is not recommended to swap between formulas purely for taste - only if the child has allergies or intolerances (as stated by national health guidelines).
All in all I found the letter to be a tad patronising - it was a more parenting advice rather than addressing my concerns a shareholder. In saying that, Im happy they replied and did clear a couple of things up. Perhaps the "Technical Manager" missed the gist of my letter - or my letter was poorly structured.
On that note - we did try another formula and my son drank it - although I changed the delivery method. So I will try a2 again with this method and see how it goes. I havent tasted the new formula myself yet either...
Thanks for sharing that Ginger, at least they answered albeit in roundabout/ PR /spin doctor sort of way. The question of what milk formula is supposed to taste like is still a matter of speculation.
Announcements
Change of director 'Michael Perich has ceased to be Alternate Director' https://www.nzx.com/companies/ATM/announcements/248412
AMP Capital Investors change in ownership from 9.99% to 8.98% (65,431,676 to 58,813,692)
https://www.nzx.com/companies/ATM/announcements/248413
From the Sydney Daily Telegraph today -more like this from the news media please!
http://www.dailytelegraph.com.au/new...-1226860958477
No longer to be called the A2 Corporation (with a BIG A) but the a2 Milk Company™Quote:
from the announcement today
“This may appear like just a name change. For The a2 Milk Company™, it reflects our journey from early research and entrepreneurial pioneers in New Zealand to a unified global identity, focussed on our mission to make the extraordinary benefits of A2 dairy milk understood and available to all,”
(with a little a and a ™ as well).
Really fail to see why the SP has not risen today.
Best Wishes
Paper Tiger (™, © & bar)
Maybe the new name has been enough to get Milford Asset Mngmt excited. They have just increased their holding by about 1%.
Whats happened with this stock sellers backed up and shareprice retreating.
Time to top up some more :)
I’m sure Susan has all the potential in the world, perhaps some good exp from Unilever and Arnnots too, but I’m not sure she has done nearly enough yet at the A2 milk company, in under a year to deserve 5,000,000 million shares at $0.0072 per share.
Perhaps if UK sales were ahead of the curve on a good solid marketing campaign rather than behind, perhaps if all that professional smooching had been put to good use on convincing the EFSA to moderate their views facilitating more open and direct marketing for A2 in Europe, but not thus far.
I don’t begrudge Geoff receiving his shares, he’s done a lot for A2 over many years and has returned a lot of shareholder wealth.
Susan, you haven’t yet worked hard enough for it or got the results, we are expecting very very big things from you now, get the sales and marketing in Europe sorted out !
When’s the AGM - November.
https://www.nzx.com/files/attachments/192683.pdf
Anybody into the placement today at 82c? Institution selling down 6 million.