ATM - A2 Milk Corporation Limited

[MAC]

Well, April came and went with no official NZX announcement of first US sales, perhaps the good folk at a2MC just don’t feel a need to let us all know ?

The road show started on 21st April, probably still going strong, happily wooing Australian insto’s, and I’d been pondering the definition of “grocery weighted distribution” within that presentation also.

http://thea2milkcompany.com/wp-conte...ion-Apr-15.pdf

It seems to be a market share term, for instance, a2MC source their Australian market share data from the Australian Grocery Weighted Scan.

Thus, a2MC intend to have a2 milk on the shelves within circa 70% of the Southern Californian grocery market by the end of July 2015, ...., that’s quite remarkable really,

Just add the pending US TV campaign, due to start about now, and it all kicks off.

[sb9]

https://nzx.com/companies/ATM/announcements/263841

First NZ likes them...

[ziggy415]

https://nzx.com/companies/ATM/announcements/263841

First NZ likes them...

who is nz first capital and Harbour asset......anybody

[Harrie]

who is nz first capital and Harbour asset......anybody

NZFC is both an institutional wholesale and retail broker. they also provide research and run discretionary portfolio investment and monitoring system with certain clients. Harbour asset management are a straight funds management group also working at the wholesale end of the market. FCNZ may provide funds to them to manage as part of their own discretionary portfolio arrangements with clients. So harbour may manage some of their funds in a specific market sector for example, as part of a bigger portfolio.

[winner69]

NZFC is both an institutional wholesale and retail broker. they also provide research and run discretionary portfolio investment and monitoring system with certain clients. Harbour asset management are a straight funds management group also working at the wholesale end of the market. FCNZ may provide funds to them to manage as part of their own discretionary portfolio arrangements with clients. So harbour may manage some of their funds in a specific market sector for example, as part of a bigger portfolio.

Harrie, you don't give FNZC due credit. They say First NZ Capital is one of New Zealand's leading finance houses offering share broking, portfolio management, investment banking*, financial and economic research services. We have been a trusted provider of wealth management and investment advice to individuals, companies, institutions and governments for over 50 years. Our strong local expertise is backed by our strategic alliance with Credit Suisse Group, a relationship that has existed for more than 20 years.

Also FNZC. own 80% todd of Harbour

[Harrie]

Yes, I covered all that but without all their own self promotion, which, by the way you have presented it, has been copied directly from their website or other self promotional material.
Harbour is a separate entity with expertise in areas that FCNZ don't have.

The question was, what do they do, not how good are they at doing it!
Nevertheless I'm pleased to see that they have taken an active interest in a2mc after conducting their own research.

I see that the mandate that NZSF had with Milford is suspended, not cancelled pending the outcome of the "manipulation" enquiry.
IMO I would be surprised if anything came of it. The FMA very rarely will bite if it all gets too hard. the best they can do is to constantly show their teeth.

[MAC]

Even if a2MC were to produce a few youtube vids of their own outlining their case for consumers and interested folk to find randomly on the internet, to provide some balance with the checkout.

Not vids targeted at health professionals so much, but with a bit more than commercial sound bites as at present, how about vids for;

The case for a2 infant formula being the closest to a2 human milk as one can possibly buy.

And perhaps, some presentation of what evidence does exist for the contribution of a1 protein to each specific medical condition.

A2MC are never going say "a1 causes each condition”, but there is room I think for them to scatter a few condition specific vids around on the internet which outline the contributory effects that switching to a2 may very well avoid or mitigate.

[Harrie]

Yes good stuff Mac. Small sound bites around specific issues. and where current research is around those issues.

1. Are you really lactose intolerant? (80% of those who believe they are dairy or lactose intolerant may not be)
2. Could standard milk be conducive to diabetes?
3. Is stomach bloating caused by standard milk?


a2mc can put their own spin and findings to all these questions which would help to mitigate any scepticism generated from the ABC program

[sb9]

Interesting to note on trading depth, 2 sellers offering combined 610k @94c. They must either know something we all here don't or just believe in the product, good on ya guys.

[MAC]

Interesting to note on trading depth, 2 sellers offering combined 610k @94c. They must either know something we all here don't or just believe in the product, good on ya guys.

Craigs have a price target on ATM of 92c as I understand, they initiated coverage last year at 90c.

Nice, to see some consistency in research and valuation from them.

http://www.odt.co.nz/news/business/2...nities-a2-milk