If Synlait loses Pokeno and heads into a hole ($3-$4) could well become a takeover opportunity for A2?
I would think that is quite likely.
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
Did they? They had already flagged lower second half margins previously. Unless I'm missing something there is no downgrade.
Knowing GB, he is always cautious in his outlook. "Under promise, over deliver"
The results are a beat on every count no matter which way some people might want to spin it. And market will speak for the results, I mean ASX that is when it opens.
Was contemplating on locking in some profits on couple of my small trading parcels acquired around $14 mark, but change that thought and will lock them away along with my long term big parcels of 0.58c and $2 ones.
Geoff Babidge in the NBR this morning talking about the virus “It’s very early days at this stage to have a full handle on the potential impacts,” said chief executive Geoff Babidge.However, “our product is one you’d expect to be more resilient. The reality is our revenue for the first two months [of 2020] is above our expectations which would indicate product is continuing to flow strongly through the [distribution] channels.”
Originally Posted by winner69
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