ATM - A2 Milk Corporation Limited

[aperitif]

https://www.oracle.com/news/connect/...cle-cloud.html

[Leftfield]

https://www.oracle.com/news/connect/...cle-cloud.html

Thanks for posting aperitif...... great to see lessons being learned and progress being made.

More progress made as per this article. A2 4th top selling brand....

"JD’s 618 Grand Promotion was a roaring success, with a reported total transaction volume of over $53 billion (343.8 billion RMB) over the 18-day shopping extravaganza. The company exceeded its 2020’s transaction value of $41.5 billion (269.2 billion RMB)........JD highlights that over 20,000 international brands from more than 100 countries took part in the 2021 shopping marathon, and sales of close to 700 brands more than doubled. The best performing brands were Aptamil, Estée Lauder, A2, Nintendo, and the Korean holistic beauty brand, Sulwhasoo...."

[Leftfield]

deleted duplicate

[hesiod]

I was subject to one of those migrations to Oracle a few years ago. Nightmare, had an overdue invoice for 3 months.

[imarktu]

That's one way to burn the cash

[Gerald]

From Coopers:

We had an engaging first meeting with the new CEO of a2 Milk, Mr David Bortolussi. We were impressed by his humility and openness in discussing the current challenges the business is facing. He also possesses a deep level of understanding of the business and the infant formula industry.

We are encouraged by his greater focus on building a bigger presence on the ground in China, from investing in the local sales team to increasing support for distributors and stores. The Company is also actively upgrading its IT and system, implementing a new ERP system to better manage inventory. Whilst the financial impact of these investments will take time to see, we believe these are the right steps and are encouraged by the early progress.

[Leftfield]

Watermark Funds Management has advised their clients that they like ATM's prospects.

Here's part of their reasoning;

Watermark PM.jpg

As always. DYOR and make your own decisions.

(Crikey, dare we believe this site is on the mend!!?? ...... thanks admin and Vince for all your work.)

[Hoop]

Article about A2M ATM behind a paywall on the NZ Herald site but you can read all of it here Basically a summary of what has happened with some opinions on what the future might hold. An interesting read.

Disc: holding

[Balance]

Article about A2M ATM behind a paywall on the NZ Herald site but you can read all of it here Basically a summary of what has happened with some opinions on what the future might hold. An interesting read.

Disc: holding

Excellent summary indeed.

This paragraph encapsulates why ATM is being watched closely :

“But there are huge differences of opinion among analysts about what 2022 will bring. Of 12 analysts who cover the stock, there is a 72 per cent difference between the highest and lowest EBITDA estimate.”

Seasoned investors know that a huge divergence of opinions and forecasts of a stock means that serious money is going to be made or lost!

[winner69]

Hard to believe share price is in the 7’s