Fonterra is a bit like Cavalier. The world has moved on and they have yet to realise the fact. Remember that they thought A2 protein was just a passing fad.
The FSF shareholders fund is valued at $10B. Does that essentially mean that is the total size of the company? - or is there more to it than that with a co-op.
Interestingly fonterra discovered a2 vs a1. I asked Theo a few months back about A2 and he said A2 approached fonterra to manufacture their a2 product and he was really keen but others in fonterra were still very against a2. Too me that is missed opportunity for fonterra and the farmers who own the majority of the coop. He also said he felt a2 product lifecycle may be near its end (which I doubt). Seems there is a very anti a2 sentiment in fonterra - as a way to get infant formula into China a2 would have been a lot better that begimate.
On another note price come back - will be interesting to see closing price. Think I might sell a few As it's basically at my price target. Still a while to results
For anyone who missed this infamous quote on the PPH thread this morning that will probably come back to bite me but I'll re-quote it nonetheless. Everyone NEEDS protein, nobody NEEDS an app tp pay their donations at Church. I like investing in needs based business's making real earnings.
Last edited by Beagle; 24-01-2018 at 05:30 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
For anyone who missed this infamous quote on the PPH thread this morning that will probably come back to bite me but I'll re-quote it nonetheless. Everyone NEEDS protein, nobody NEEDS an app tp pay their donations at Church. I like investing in needs based business's making real earnings.
Indeed, my Church donations are paid via AP and I wouldn't choose any other method.
For anyone who missed this infamous quote on the PPH thread this morning that will probably come back to bite me but I'll re-quote it nonetheless. Everyone NEEDS protein, nobody NEEDS an app tp pay their donations at Church. I like investing in needs based business's making real earnings.
I am with you on that. In addition - ATM does have real earnings .... the other candidate has just a huge market cap and writing losses ;
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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Originally Posted by NZSilver
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