ATM - A2 Milk Corporation Limited

[Balance]

Not brilliant for China either as alternative coal sources are costing them big time.

Unfortunately, both sides are paying the price but who is going to suffer more?

Interesting to note that Indonesia is happy to price its coal and receive payment in RMB. World is changing.

[winner69]

For what’s it worth Kingfish have reduced their holding

fol
a2 Milk (+1%) maintained its first half 2021 and full year 2021 guidance at its AGM. During the Singles Day festival, a2 grew volumes +24% year on year which was in line with expectations. Management have pointed to "green shoots" of a recovery in the daigou sales channel, however we have reduced our position size as the recovery in the daigou channel is developing slower than we had anticipated.

[777]

For what’s it worth Kingfish have reduced their holding

fol
a2 Milk (+1%) maintained its first half 2021 and full year 2021 guidance at its AGM. During the Singles Day festival, a2 grew volumes +24% year on year which was in line with expectations. Management have pointed to "green shoots" of a recovery in the daigou sales channel, however we have reduced our position size as the recovery in the daigou channel is developing slower than we had anticipated.

You were right winner. Let's just hope they reduced at a price closer to $20 than $14 though.

[BlackPeter]

https://www.smh.com.au/world/asia/au...14-p56ne7.html

China suspends Australian coal imports indefinitely.

Things getting from bad to worse.

Interesting, but what is the relevance for ATM? ATM does neither produce coal nor is it an Australian company.

I guess the only connection I could see (and this is a long shot) is that thanks to the Chinese embargo of Australian coal Synlait might be able to get cheaper coal for drying their A2 milk powder ...

Maybe you should put this discussion on some more relevant thread ...

[winner69]

You were right winner. Let's just hope they reduced at a price closer to $20 than $14 though.

No ...been reducing recently so mostly around current prices I’d say

[Balance]

Interesting, but what is the relevance for ATM? ATM does neither produce coal nor is it an Australian company.

I guess the only connection I could see (and this is a long shot) is that thanks to the Chinese embargo of Australian coal Synlait might be able to get cheaper coal for drying their A2 milk powder ...

Maybe you should put this discussion on some more relevant thread ...

Totally relevant to ATM.

Cannot be bothered repeating the discussions going on now for weeks on how China is imposing trade sections on Australia and dairy could be next.

[dreamcatcher]

All I can say is the World is watching and probably start reducing their dependence on China ........... lesson "never put your eggs in one basket"

[dreamcatcher]

Totally relevant to ATM.

Cannot be bothered repeating the discussions going on now for weeks on how China is imposing trade sections on Australia and dairy could be next.

Imagine all IF made and shipped from NZ as is Danone and few others but would hurt Bellamy in Aus

[longy]

All I can say is the World is watching and probably start reducing their dependence on China ........... lesson "never put your eggs in one basket"

It is already happening. The faster A2 spreads its wings to other nations the better. China is using its weight and pushing OZ around.... It is more about issuing a warning shot to other countries to stay out of their domestic affairs I feel.

[Balance]

Imagine all IF made and shipped from NZ as is Danone and few others but would hurt Bellamy in Aus

And end of substantial A2M daigou trade from Oz to China.

That is why the market is nervous as hell.