ATM - A2 Milk Corporation Limited

**Gregnz** · 17-12-2020, 11:41 AM

Very odd that info comes so soon after the AGM. There hasn't been sufficient time for anything to drastically change. I've read the ASX announcement, it does say revise previously issued guidance. I'm reading it as a negative, but is there any chance that it could be a guidance improvement?

**Filthy** · 17-12-2020, 11:42 AM

Originally Posted by Gregnz

Very odd that info comes so soon after the AGM. There hasn't been sufficient time for anything to drastically change. I've read the ASX announcement, it does say revise previously issued guidance. I'm reading it as a negative, but is there any chance that it could be a guidance improvement?

possible but improbable

**Beagle** · 17-12-2020, 11:42 AM

Balance as usual is right, downgrades almost always comes in 3's.

**bull....** · 17-12-2020, 11:45 AM

Originally Posted by Gregnz

Very odd that info comes so soon after the AGM. There hasn't been sufficient time for anything to drastically change. I've read the ASX announcement, it does say revise previously issued guidance. I'm reading it as a negative, but is there any chance that it could be a guidance improvement?

the announcement says they have come into information which requires 2 days to sort out , so it could be accounting issues like freedom foods or something else china trade tarrifs?

**Rawz** · 17-12-2020, 11:46 AM

A shame. Going to put this stock in the bottom draw and look at it in 2 years time

**silu** · 17-12-2020, 11:49 AM

My best guess is a major downgrade and perhaps discontinuation of the Daigou channel?

**Hello123** · 17-12-2020, 11:49 AM

Oh well looking to the future now taking into consideration that the guidance is worse and the SP drops to say 12$, when everything is behind us and the recovery begins I'm sure will see a good recovery.

**Mr Slothbear** · 17-12-2020, 11:49 AM

Originally Posted by bull....

the announcement says they have come into information which requires 2 days to sort out , so it could be accounting issues like freedom foods or something else china trade tarrifs?

highly doubt its anything tariff related.

could be a china related accounting issue.

optics definitely look negative but I suppose with melbourne being out of lockdown they could be seeing a stronger rebound in daigou sales.