ATM - A2 Milk Corporation Limited

[Toulouse - Luzern]

Marketing
Other Costs
Salaries
high % increases here

[Beagle]

Marketing
Other Costs
Salaries
high % increases here

Yeap, fair to say the new CEO and the former one have VERY different approaches. Ms Herdlicka seems focused a fair bit on adding considerable robustness to the management skill set at quite considerable cost.

[sb9]

the asx players will savage this i reckon down 20%? today

Got a parcel at $14.20...will see how it plays out.

[bull....]

Got a parcel at $14.20...will see how it plays out.

14 has acted as support numerous times , i see today the rally which started at beginning 2019 may have broken the trendline up today if it holds down around current levels . time will tell

[winner69]

China ebitda margin a miserable 23% in H2 .....was 40% in H1

Hope it doesn’t stay this low

[sb9]

14 has acted as support numerous times , i see today the rally which started at beginning 2019 may have broken the trendline up today if it holds down around current levels . time will tell

Agree, bounced off lows for now but will be keeping a close eye over next few days...but good thing is my overall av price is under $3.

[bull....]

Agree, bounced off lows for now but will be keeping a close eye over next few days...but good thing is my overall av price is under $3.

nice average price , a wise person once said when presented with such wealth it doesnt hurt to take a little off the table esp when the bull is so old.

[sb9]

nice average price , a wise person once said when presented with such wealth it doesnt hurt to take a little off the table esp when the bull is so old.

Of course, did take some profits around $14 mark in Feb'18 when they announced Fonterra tie up along with HY results and market just went berserk. And my reason for buying back is seeing that price (nearly) presented itself again.

And yes, they missed the expectation a bit for this FY due to higher marketing spend and its easily fixable.

[Tomtom]

It's disappointing from the consensus perspective but nothing that an uplift in management quality couldn't rapidly fix. I have no unique perspective on that variable unfortunately, A2 just isn't in my wheelhouse, so I'll leave further commentary to others.

[Leftfield]

Got a parcel at $14.20...will see how it plays out.

Just a question of time IMHO. Way oversold today. Some big gaps in the TA above your purchase price waiting to be filled.

Been hard work sitting on my hands today, but I'm not a trader and am in for the long term. I still see this one outperforming most on the NZX. Safer than money in the bank IMHO!!

(ps even with today's decline, Share Site tells me ATM has averaged 110% pa over the last 5 yrs.)

GL to those buying today.