ATM - A2 Milk Corporation Limited

[Blue Skies]

Below market expectations. Market doesn't usually like those kind of surprises.

[Ggcc]

Great solid result, pretty much what analysts expected, so we might see a drop today.......... Who knows. I for one am happy with this result and will continue to hold.

[bull....]

Great solid result, pretty much what analysts expected, so we might see a drop today.......... Who knows. I for one am happy with this result and will continue to hold.

price ran ahead of result so wouldnt surprise me if it fell too. but good result again

[waikare]

Good they going to keep on spending to grow eh

Talk of divie is premature ..even though they mention capital management

Missed out on a divie again, perhaps next result, they can't for ever keep building the slush fund.

[silu]

Hmmm not sure what to think yet. It is in line with expectations but I was hoping it would be beating them. For a short-term outlook the ones that sold at $18 probably have done well. It will be interesting to see what happens when ASX opens. I think it might go sideways if not down a bit.

[silu]

Missed out on a divie again, perhaps next result, they can't for ever keep building the slush fund.

You won't see a dividend for at least another 5 years. Management has been very upfront about this.

[winner69]

Below market expectations. Market doesn't usually like those kind of surprises.

I’d say in line with expectations ......

[silu]

Below market expectations. Market doesn't usually like those kind of surprises.

Expectations $1.3b / Actual $1.3b
EBITDA $425m vs $414m
NP $297m vs $288m

Not too bad and only a small $ below expectations.

[sb9]

Nice set of numbers...they're executing as per plans and continue to grow year after year.

Wow..closing cash balance of $464.8mln, that is some huge pile of cash they're sitting on.

[bull....]

Nice set of numbers...they're executing as per plans and continue to grow year after year.

Wow..closing cash balance of $464.8mln, that is some huge pile of cash they're sitting on.

they will be able to buy fonterra soon