ATM - A2 Milk Corporation Limited

[sb9]

5 cents is nothign to get excited about - other than it is a first dividnce. I wouldn't be too worried if they stashed the cash and invested it some where they can do better than my paltry 5 cents. Its the dividend in 5 years I am after.

Okay, let's do the maths.

Cash on Hand at 30/06/2017 (FY 2017) - $121mln

Cash on Hand at 31/12/2017 (FH 2018) - $240mln

They have effectively doubled their cash reserves (or 119mln) within 6 months. And assuming similar growth rate you think they'll be holding close to $330mln ($240+$90) at the least as at 30/06/2018 (FY 2018).

Out of $330mln available, they've spent $162mln to take further stake in SML. That leaves them with $168mln on hand.

A 5c divvy would see an outgoing of $36mln and 10c would be around $72mln.

Say, if they go with 10c divvy they would still have further $96mln ($168-$72) to spend on other things plus ongoing addition to cash reserves as they sell more.

In summary 10c is feasible and very affordable for company, should they decide to pay a divvy. Guess it depends on what Board sees best value for shareholder funds.

Not long to go to know that, another 16 hours or so.

PS: Hope my numbers make sense and are correct. Happy to be pulled up though.

[winner69]

Well, clear all decks for tomorrow's announcement from company.

Guess most of numbers are given, its more around the commentary from Jayne re geographical breakdown (China, US, UK, SEA and Korea), future strategic direction, any capital management news (unlikely) and something totally left field that no one is anticipating.

Jayne will dazzle her audience tomorrow — she will be a star — and we’ll all be happy as

[Muppett]

Jayne will dazzle her audience tomorrow — she will be a star — and we’ll all be happy as

Is it Jayne or the numbers who will dazzle?

[minimoke]

Jayne will dazzle her audience tomorrow — she will be a star — and we’ll all be happy as

The only question I want answered is "When can we expect $14.62 again?"

[Beagle]

The only question I want answered is "When can we expect $14.62 again?"

Its been a pretty long six months hasn't it !

[Muppett]

The only question I want answered is "When can we expect $14.62 again?"

When Jayne dazzles us with a whopper of an announcement.

[winner69]

The only question I want answered is "When can we expect $14.62 again?"

Jayne pretty smart but she can’t answer that question

Maybe $14.62 by end of week .....not really that far away for such a volatile stock

[Muppett]

Jayne pretty smart but she can’t answer that question

Maybe $14.62 by end of week .....not really that far away for such a volatile stock

What good news are you expecting for a 32% increase in the SP?

[777]

What good news are you expecting for a 32% increase in the SP?

You don't need good news, just an irrational market.

[couta1]

You don't need good news, just an irrational market.

I wouldn't have the foggiest where the SP is heading tomorrow, it could go up a $1 or down the same amount, good news(Whatever that means with most things known already)doesn't mean it's necessarily going up, this thing is Schizophrenic and is the Game of Thrones. PS-My good sized floating parcel has been dispatched today due to a great adversity to being skunked.