ATM - A2 Milk Corporation Limited

[winner69]

One bit of financial representation I'll rely on is $854M cash, thats not creative accounting.

Wirecard had a few billion ‘cash’ once

[bull....]

Wirecard had a few billion ‘cash’ once

yea if its inventory issues there cash pile could evaporate overnight

[Gregnz]

If thats confirmed then rest all doesn't matter ...as its out of NP .

If that amount is confirmed 100 % then nothing else can shake SP too much .

My worst fears are about that amount only ....

They definitely have the cash on hand, so that will be confirmed. The cash doesn’t suddenly go missing and their last financial report included the interest that money was generating. I don’t believe the issue will be cash on hand, that’s safely in a bank account.

[bull....]

They definitely have the cash on hand, so that will be confirmed. The cash doesn’t suddenly go missing and their last financial report included the interest that money was generating. I don’t believe the issue will be cash on hand, that’s safely in a bank account.

except if its inventory issues then all there cash will go and they might need you to give them some money

[Gregnz]

Wirecard had a few billion ‘cash’ once

You can’t make a comparison between wirecard and a2. Wirecard was a fraudulent company from the get go.

[Getty]

Gee, maybe all this is why a certain woman delved back into her Hard liquor cabinet.

We may all need a stiff one after the ann.

[Gregnz]

except if its inventory issues then all there cash will go and they might need you to give them some money

Very much doubt an inventory issue would require close to a billion in cash to resolve. The most I've ever seen A2 have in their warehouse was around $300 million. I'd suggest if its a product issue, contamination, covid on the shipment, then we would have heard that from Synlait as it came from their factory.

[alokdhir]

You can’t make a comparison between wirecard and a2. Wirecard was a fraudulent company from the get go.

Agree with U ....Also ATM is not Ballerys either ...much different sized and market cap and much better researched by Intos ...Number 2 market cap stock of NZ , widely owned by institutions cant be compared with a new start up

Reasons given for its failure in report provided by Bull dont apply to ATM at all

Looks like many out to hurt ATM sentiment ...just because they facing challenges .

ATM should clear the air either way sooner then now ...Too much negative speculation going on during their difficult time !!

[bull....]

dont forget as well depending what there announcement is they may face class actions in australia

[bull....]

Agree with U ....Also ATM is not Ballerys either ...much different sized and market cap and much better researched by Intos ...Number 2 market cap stock of NZ , widely owned by institutions cant be compared with a new start up

Reasons given for its failure in report provided by Bull dont apply to ATM at all

Looks like many out to hurt ATM sentiment ...just because they facing challenges .

ATM should clear the air either way sooner then now ...Too much negative speculation going on during their difficult time !!

its probably a ballamy's

On December 2, Bellamy’s released a trading update to the market that resulted in 40% of its share price being wiped off over the following two days.
In the statement to the ASX, the company outlined “temporary volume dislocation in Chinese sales channels