ATM - A2 Milk Corporation Limited

[allfromacell]

Punters not wanting to miss out .....when $400m is mentioned.

Not to mention a large buy back announcement and who knows what else. Tomorrow will be a good day .

[sb9]

Punters not wanting to miss out .....when $400m is mentioned.

I would be happy anything in vicinity of $370m-$380m mark (which is growth of 40% from last year 4M figure of $262m), anything more than would be a nice bonus, as the stock would quickly rerate.

My gut feel says they would be some sort of capital management initiative like share buy-back if they have no further plans of acquisitions or investments. After all what would they with all that ever growing pile of cash reserves, lost count how much would that be now close to $400m?

[see weed]

24 hours to go before the event. Wonder what ASX has in store for today, I myself not expecting any large upward momentum today.

What about tomorrow, and how much or how big is a large upward momentum 30c to 50c? or $1 to $3?.

[minimoke]

I would be happy anything in vicinity of $370m-$380m mark (which is growth of 40% from last year 4M figure of $262m), anything more than would be a nice bonus, as the stock would quickly rerate.

My gut feel says they would be some sort of capital management initiative like share buy-back if they have no further plans of acquisitions or investments. After all what would they with all that ever growing pile of cash reserves, lost count how much would that be now close to $400m?

While share buy back might be "nice" it doesn't solve an underlying problem. That is increasing supply. For me, I am looking forward to an announcement on further investment in the supply chain.

[Baa_Baa]

TA is looking positive from the recent low 14th to-date leading into the AGM. Eyes on the AGM tomorrow, hopefully some super performance stats and forecast to put the insider sell downs behind us and a reminder of the future ahead.

[Sideshow Bob]

***grabs box of popcorn and awaits the action***

[minimoke]

***grabs box of popcorn and awaits the action***

Yup, got my CSN/FIN on hand to watch the movie. Bound to be a bit of drama. Hopefully a happy ending.

[Sideshow Bob]

From Jaynes address:

And, continuing the trend, we have today also released a record result for the first four months of the year. We are reporting first four months: Revenue of $368.4 million, which represents a growth of 40.5% over prior year; EBITDA of $124.2 million, 58.5% growth on prior year; Profit before tax is $124.9 million up 60.0% and NPAT is $86.0 million up 64.5%.

[Sideshow Bob]

No mention I can see of what they are going to do with cash mountain.....

[bull....]

From Jaynes address:

And, continuing the trend, we have today also released a record result for the first four months of the year. We are reporting first four months: Revenue of $368.4 million, which represents a growth of 40.5% over prior year; EBITDA of $124.2 million, 58.5% growth on prior year; Profit before tax is $124.9 million up 60.0% and NPAT is $86.0 million up 64.5%.

but growth slowing going forward and positive fx in the first quarter will reverse