ATM - A2 Milk Corporation Limited

[Muppett]

All the numbers are as expected.
Even Net Profit of $195.7m was in the $190-$206 range.
No dividend, weak commentary on 2019.
This was as exciting as it gets:

The first signs of competition from a major international company in the A1 protein free category appeared in
March 2018. There has been no apparent impact on our sales momentum as a consequence of this launch.

Jayne did not dazzle.

So no share price spike today.
SP may even head South.

Hope I am wrong.

[Beagle]

I like the flashing lights, even if they were already known. Doubling of NPAT, revenue growth in China, 163%... Synlait building new dairy plant to keep up with demand, EBIT margin to be consistent.

Some other good comments in the report about competition, awareness of A1 free milk and their unique offering. If the market grows, so will they. Looks good.

Yeap, should be enough in there to keep the schizophrenics happy including this hound.

[Ggcc]

All the numbers are as expected.
Even Net Profit of $195.7m was in the $190-$206 range.
No dividend, weak commentary on 2019.
This was as exciting as it gets:


Jayne did not dazzle.

So no spike today. SP may even head South.

I think it will head down south to about $!0.30-10.50 this week only for the short term. Happy to be proven wrong and will continue to hold either way..

[silu]

When the only thing not met was my own undisclosed expectations.

[Muppett]

I think it will head down south to about $!0.30-10.50 this week only for the short term. Happy to be proven wrong and will continue to hold either way..

How long is short term?

It will be ages before it gets up again.
I'll be on Viagra by then.

[Ggcc]

How long is short term?

It will be ages before it gets up again.
I'll be on Viagra by then.

For me three to four months is what I am thinking. Until we get a better idea of what the half year turnover is going to be and a rough guidance for the full year.

[Sideshow Bob]

For me three to four months is what I am thinking. Until we get a better idea of what the half year turnover is going to be and a rough guidance for the full year.

We are already almost 2 months into the 19FY, so should have some sort of idea - continuous disclosure.....

[Nasi Goreng]

I think its good the company hasn't published its growth expectations.

Why would you signal to your competitors that you plan to grow revenue by 40, 70, 120% in the next 12 months? If you were a competitor and you knew this figure, would it be to your advantage or A2's?

[Muppett]

I think its good the company hasn't published its growth expectations.

Why would you signal to your competitors that you plan to grow revenue by 40, 70, 120% in the next 12 months? If you were a competitor and you knew this figure, would it be to your advantage or A2's?

It would be to your advantage.
The other company would be forced to ratchet up its sales, make hasty and poor strategic decisions.
The All Blacks sometimes win games before the match has even started.

[winner69]

I’m beginning to think the investing (gambling) world would be a much better place if companies only had to report once every few years.

All this regular reporting etc etc etc just confirms we are all traders / gamblers / punters who are driven crazy without a form guide to study.

None of us are real investors ...OK one in a thousand might be

Kiwi fruit (gold) was nice for breakfast ....and plain cheap milk on the porridge