ATM - A2 Milk Corporation Limited

[bull....]

china has also recently installed new national mandatory standards for imported dairy products and infant formula that impose a burden on manufacturers such as A2 Milk. The dual-listed is still waiting for its registration to be officially approved and has been stocking inventory in the meantime.“Timing is uncertain and subject to State Administration for Market Regulation (SAMR) approval. If this approval isn’t achieved, it would impact A2M’s China label infant formula sales ([roughly] 30 per cent of 2022 group sales),” Moore said.

guess the same issue for synliat in there registration

https://www.theage.com.au/business/c...23-p5cusy.html

[bull....]

subtle downgrade by atm today

As a result, the Company expects revenue growth to be at the low end of its previous expectations

https://www.nzx.com/announcements/410403

[winner69]

subtle downgrade by atm today

As a result, the Company expects revenue growth to be at the low end of its previous expectations

https://www.nzx.com/announcements/410403

I reckon that’s a $20m/$25m lower ebitda than previous quidance

[bull....]

I reckon that’s a $20m/$25m lower ebitda than previous quidance

certainly be something but maybe they are looking to reduce this by squeezing synliat more

a2MC is in discussions with Synlait regarding the allocation of certain one-off production/supply chain and other related costs between the two companies

[bull....]

guess the possibiliity sml go bust wont be helping atm there % s/h would have to be written off

[Baa_Baa]

guess the possibiliity sml go bust wont be helping atm there % s/h would have to be written off

The possibility that SML might go bust is very very low, but the possibility that Bright Dairy and A2 Milk let that happen is minuscule. Combined, or even A2 by itself, could write out the cheque for the SML takeover, they have such a huge cash hoard. It's only important because SML have the key supply agreement to A2 and the SAML. Remember SML are majority owned by the China government, you reckon they'll let it go bust? Yeah right.

[ralph]

The possibility that SML might go bust is very very low, but the possibility that Bright Dairy and A2 Milk let that happen is minuscule. Combined, or even A2 by itself, could write out the cheque for the SML takeover, they have such a huge cash hoard. It's only important because SML have the key supply agreement to A2 and the SAML. Remember SML are majority owned by the China government, you reckon they'll let it go bust? Yeah right.

Totally true amongst all the hysteria , they are small change for atm & the chinese but needed for their capabilities.

[Balance]

Totally true amongst all the hysteria , they are small change for atm & the chinese but needed for their capabilities.

Agreed.

The Chinese invest with a 50 years time horizon as opposed to the short sighted quarter by quarter horizon of many a Western company.

Reason why an Asian company is now NZ’s largest private forestry owner. Remember how we used to have Fletcher Forests, NZ Forest Products, Carter Holt and Evergreen Forests dominating the NZX?

[Baa_Baa]

Agreed.

The Chinese invest with a 50 years time horizon as opposed to the short sighted quarter by quarter horizon of many a Western company.

Reason why an Asian company is now NZ’s largest private forestry owner. Remember how we used to have Fletcher Forests, NZ Forest Products, Carter Holt and Evergreen Forests dominating the NZX?

China wants (has) an ownership stake in the whole value chain, end to end. When they decide what value chains they want a stake in, well, they go after it and we can all see ATM and SML are part of that, as far as dairy products are concerned. Anyone can research who really owns SML and a decent chunk of ATM as well. But do they do that research? Or just post nonsense on a public discussion group about something they don't really know much about, or own but might want to own, if the price is right for them. So transparent it's laughable.

Follow the money, it doesn't matter where it comes from. Align your horizons to the owners, you'll do very well, as they will.

[hesiod]

Don't forget Fonterra.