ATM - A2 Milk Corporation Limited

[Muppett]

I'm not a big fan of these off-shore "hybrid" AGM's. How can I get my cup of tea and scones which I always consider to be part of my Special Dividend? Christchurch trumps Melbourne any day of the week.

What exactly is a hybrid AGM?
Can shareholders attend?
The AGM is set for 20 Novemeber in Melbourne, time and venue still to be confirmed.
TJ probably factored in her share sell off with the notice to announce the AGM.

[Beagle]

good heavens, the CEO selling her sign-on share allocation is a hiccup, nothing more. The big elephant is the forthcoming change in Chinese Regs targetting Daigou and E-commerce selling channels. Is a risk to ATM given such a large % of IF sales are thru Aust based Daigou. Ref last week Craigs update on ATM where they downgraded from a buy to hold. Over reliance on the grey channel has always always worried the smart money about China IF trade.

You "conveniently overlooked mentioning Craigs valuation of $13.50

[winner69]

You "conveniently overlooked mentioning Craigs valuation of $13.50

I thought you threw such reports in the rubbish ...like the SML (I think) one the other day

[minimoke]

See Blackkrock now holds a little over 5%. At least someone has faith.

[Beagle]

I thought you threw such reports in the rubbish ...like the SML (I think) one the other day

That was from Macquarie private wealth...take their consistently bearish view on SML with a grain of salt.

[bull....]

See Blackkrock now holds a little over 5%. At least someone has faith.

probably not happy though they brought a s..t load on the 21st

[mfd]

probably not happy though they brought a s..t load on the 21st

21st was index rebalancing day, right? BlackRock probably don't care either way, just goes into their passive index funds.

[Lego_Man]

See Blackkrock now holds a little over 5%. At least someone has faith.

Never understand the point of these posts. A company by definition has shareholders at any given time, even if it goes to zero.

Secondly, Blackrock are predominantly an index or passive provider, and are completely insensitive to price or valuation of a stock. They just buy mechanically.

[couta1]

Who's the dog gnawing on bones now lol...you'll have to change your user handle name to some type of dog if you keep this up P.S. The cutest dog name is already taken but Terrier is pretty cute.

Thanks Bull but my glasses and eyes are working just fine, you don't need the super duper shouty sized font. We all know you're short but its getting more than a little repetitive.

Just took a leaf out of the Chronicles of Heartland and decided to go all dog like a certain Beagle did a while back.

[nizzy]

oversight. Mystifies me why broker would downgrade but keep valuation well above current price. Illogical or lazy.
Disc: hold ATM and positive, excellent execution to date plus a good dose of luck. Over reliance on daigou channel flashes red as critical risk. Which ATM mgmt will be very aware of.