ATM - A2 Milk Corporation Limited

[allfromacell]

*Pleasing progress for China label and English label (CBEC) infant formula sales.
*Continued strengthening of infant formula market share position (China & ANZ).
*Continuing positive momentum in sales velocities in the US

Everything on track, management continuing to deliver as the balance street continues to get stronger.

[Balance]

*Pleasing progress for China label and English label (CBEC) infant formula sales.
*Continued strengthening of infant formula market share position (China & ANZ).
*Continuing positive momentum in sales velocities in the US

Everything on track, management continuing to deliver as the balance street continues to get stronger.

And Sp is approaching $15.00 - one more good day, and it will be there.

Shorts are building up again so that's a great sign of the next step up to $20 when the shorts have to cover. Ouch!

[see weed]

Wouldn't you be happier if it was still 99.9%?

No, it hurts too much when going down, but happy with what i got and more diversified now. Portfolio going up about ?ks a day lately, but don't know how long that will last.

[nzsharetrade]

I was hoping ATM could have this kind of news in CN, US, UK ..................


"Shanghai | A private equity fund linked to Jack Ma’s Chinese ecommerce giant Alibaba Group will own more than 15 per cent of fast-growing infant formula group Bubs Australia as part of a deal to acquire a Melbourne dairy manufacturer.Bubs, which sells goat milk products to China’s middle class, has agreed to buy infant formula producer Australia Deloraine Dairy. "

[Leftfield]

Not strictly related to ATM but never-the-less a good background article on our Diary industry by Brian Gaynor. "Should Fonterra list before it is too late."
Read it here.

[Ggcc]

Very low turnover on the ASX today? Very seldom does the NZX outperform the ASX in turnover..... Who knows maybe those shorters are spending less.......... No no it looks like they are up on the rise


https://www.shortman.com.au/stock?q=a2m

[couta1]

Very low turnover on the ASX today? Very seldom does the NZX outperform the ASX in turnover..... Who knows maybe those shorters are spending less.......... No no it looks like they are up on the rise


https://www.shortman.com.au/stock?q=a2m

Held up better than I expected today, thought it would drop below $14.40 NZ once the Aussie opened,seems to be in a less volatile consolidating period of late, entry into the ASX 50 come June would send it Northwards.

[Baa_Baa]

Held up better than I expected today, thought it would drop below $14.40 NZ once the Aussie opened,seems to be in a less volatile consolidating period of late, entry into the ASX 50 come June would send it Northwards.

Indeed ASX50 would demand exposure to big funds forced to take a position as per their prospectus, along with anticipated stellar full year results post end-June, continued growth in China and USA (doubled in 2018) in particular, Sth Korea demand growth, Fonterra milk supplies coming on stream second half 2019, Synlait processing growth coming in second half 2019, and so on and so forth.

This juggernaut seems to be only just getting up a head of steam in the global supply context. Much more fun to be had in the future, of that I'm as near certain as one could be, with possibly the odd deep dive buying opportunity when the vested insiders performance and bonus shares get sold, freaking out the punters. Mana from heaven for us as it was last time, up ~70% since.

[BlackPeter]

Held up better than I expected today, thought it would drop below $14.40 NZ once the Aussie opened,seems to be in a less volatile consolidating period of late, entry into the ASX 50 come June would send it Northwards.

Not sure about that. I guess - yes, sometimes entry into a new class means a bit of a wobble, but what likely is going to happen is that the mid cap funds move their A2M shares to the large cap funds. Might be quite price neutral, apart from the for this stock typical zigzag moves.

[Sideshow Bob]

Article about Chinese manufacturers infant formula:

https://www.nutraingredients-asia.co...yz3YpmS7kj3Y3V

Interesting comment about sourcing and raw material. Mentions Chinese brands establishing factories or research centres in NZ/AU and experiencing a surge of sales as a result - including Beingmate and Yili.