ATM - A2 Milk Corporation Limited

[sb9]

Forgive me I feel the below shows the trend more accurately.

100,001 shares or more

No of holders 290 571,102,053 1 august 17
No of holders 232 575,517,122 1 august 18
No of holders 191 618,338,672 1 august 19
No of holders 142 643,520,013 1 august 20

I'm relatively new to investing, but that feels like proof of tree shaking YOY.

Less holders, holding more shares. What will 1 Aug 2021 look like? I bet you Citi have more shares then.

That's some fascinating information and numbers, big players sure are taking cheap shares off reef fish.

[Beagle]

........well done folks.

I think the sarcasm clearly evident in your post is probably lost on most of those posters and they probably think they have done well I was looking for a really good intelligent rational debate on the slowing growth question I posed...I needn't have bothered The irony was that the former poster who was banned (Moosie) had by far the most intelligent response of anyone. What a HUGE LOSS to this forum his banning was.

[sb9]

I think the sarcasm clearly evident in your post is probably lost on most of those posters. I was looking for a really good intelligent rational debate on the slowing growth question I posed...I needn't have bothered The irony was that the former poster who was banned (Moosie) had by far the most intelligent response of anyone. What a HUGE LOSS to this forum his banning was.

C'mon Beagle, don't beat yourself up.

You only have to reference to latest Investor Presentation provide by the company at time FY results to figure out that question if its still a growth company or not.

Peter Nathan has time and again in many post results interview suggested what they haven't even scratched the potential that lies ahead in China and their investment into more MBS channel. And this also to tackle the disappearance of the retail daigou and they have what he calls multi channel offering into that market to meet demand.

Investment into new plant of Mataura Valley Milk is another example of what kind of growth they're envisaging in years to come and also to diversify reliance single operation in current Synlait.

Continuous growing market share in Aus fresh milk market.

And lastly, US operations going strong as evidenced by reported numbers in FY report with growing awareness and recent venture into Canada.

I'm probably very biased as holder from 58c days but the fact that I still hold more than 90% of my holdings is a testimony to what I believe is there's still massive growth and potential that lies ahead for this company.

[dreamcatcher]

I was looking for a really good intelligent rational debate on the slowing growth question I posed

REALLY.........as a non-holder why would you bother? should you not perhaps have that rational debate with stocks you HOLD!

[dobby41]

REALLY.........as a non-holder why would you bother? should you not perhaps have that rational debate with stocks you HOLD!

He's looking for affirmation from the team for not holding.

[Beagle]

Was looking for a good rational intelligent debate but...

My final post on this thread for a while. I'm a numbers man so I'll simply let the numbers do the talking.

EPS Growth historical and the average forecasted by analysts from market screener.

FY17 189%
FY18 112%
FY19 45%
FY20 33% (Includes pantry stocking for Covid)
FY21 17%
FY22 18%
FY23 12%

Is growth slowing ?...if you can't see it...

[jimdog31]

Was looking for a good rational intelligent debate but that's obviously far beyond many on here.

My final post on this thread for a while. I'm a numbers man so I'll simply let the numbers do the talking and if people can't see the trend that's not my problem.

EPS Growth historical and the average forecasted by analysts from market screener.
FY17 189%
FY18 112%
FY19 45%
FY20 33% (Includes pantry stocking for Covid)
FY21 17%
FY22 18%
FY23 12%

Is growth slowing, I believe I have answered my own question.

With all respect to you Beagle (as Im as fresh as a daisy when it comes to investing) would you happen to know what analysts forecasted FY17, 18, 19 & 20? Just so i can work out how much they undershot the previous years?

[Enrix]

https://www.interest.co.nz/rural-new...-surpercharged

[bull....]

a2 just about the worst performing stock last mth down 13%

[winner69]

Was looking for a good rational intelligent debate but that's obviously far beyond many on here.

My final post on this thread for a while. I'm a numbers man so I'll simply let the numbers do the talking and if people can't see the trend that's not my problem.

EPS Growth historical and the average forecasted by analysts from market screener.
FY17 189%
FY18 112%
FY19 45%
FY20 33% (Includes pantry stocking for Covid)
FY21 17%
FY22 18%
FY23 12%

Is growth slowing, I believe I have answered my own question.

There is such a thing as 'growth rate decay'. As Moosie alluded the bigger a company becomes the harder (impossible) to maintain historical growth rates.

Yes growth is slowing....but still growing. Don't think anyway is arguing otherwise.

A2 is moving from a very high growth company to just a high growth company and one day to just a growth company. A combination of growing size and to some extent a sign of becoming a 'mature blue chip' (think that is what you said)

No doubt your question was a hint that A2 is over priced and will struggle to see a shareprice of say $25.

Maybe A2 is becoming a bit like FPH with consistently good solid earnings growth with exceptional returns on capital. Those are the sort of companies that market rewards with high valuations.

Yes, A2 growth is slowing but still a high growth company....and the share price will continue to prosper

Only concern is that with this strategic move into investing in factories that one day they might own these capital intensive outfits and become bloated and end up like another Fonterra .... hopefully that won't happen but if it does happen there will be early warning bells