ATM - A2 Milk Corporation Limited

[NT001]

but the chairman is leaving... odd...

Perhaps not so odd, as he came into this company with a background very much in the healthcare and retirement homes sector, where he remains heavily involved, both in NZ and internationally. That sector is booming, and I expect he wants to focus on it. He has done great things for a2MC, coming to the party as a cornerstone investor and strong driver when the company faced difficult times after the deaths of its two founders, Howard Paterson and Corran McLaclan, and the enforced retirement due to ill health of its next chairman, Jim Guthrie.

[drcjp]

would be interesting to watch next SSH notice

Indeed, given that 15M just went out the door it might be that a similar pattern to SUM in the last month will emerge.

If so, the business pages are going to make for interesting reading for some time if a certain power finds the kahuna's............

[sb9]

56c now, hope that's the last time we see the sp in low 50s...

[iceman]

Have come to pretty much the same conclusions after reading the report. Australia continues very strong growth in both fresh milk and A2 Platinum, retaining very good margins and profit to carefully fund the marketing strategy in UK/CHINA/USA.
Noone should have expected huge sales numbers in China now with the "moratorium" on infant formula sales there from May till December.
Very interesting indeed that a2mc has the highest share of fresh milk exported from Australia.

I feel we are well positioned but will be expecting to see significant ramping up of sales in the UK in the next 12 months.
Looks like Mr Market has this morning accepted the report as being satisfying !

Generally a very good result having found the time to read the report from cover to cover.

Exceptional revenue growth, that’s the key thing for a2MC on a growth curve, agree with NZSilver that earnings will come later, sacrificing earnings for growth is all important for now.

No surprises in regard to progress in the UK and China, both markets now setup very well to go ahead from this point. Interesting to hear that ATM are the largest fresh milk exporter to China, let’s see if they can consolidate that position, absolutely a huge potential with that market.

And, let’s see how many Australian insto’s and funds come to the NZX now with a cheque book, with view to taking home a holding in ATM. The companies that have benefited in the past from a dual listing are the ones with a large Australian segment operations.

Harbour today anticipate the AUD to fall away to sub 90 in the medium term, which may stabilise or even add a tailwind for ATM now also.

http://www.harbourasset.co.nz/wp-con...Question-2.pdf

[sb9]

http://www.stocknessmonster.com/

Can tell you all from here that the 15ml shares went thro' at 53c and they're all OffMarket....

[see weed]

Was that you see weed buying 15M shares ?

No, my last buy was yesterday

[babymonster]

wow.. up 5c or 9.8%... surprise

now seller at 56c, buyers at 54c... who will give up first?

[mayday]

15m shares handover in line with today's news

http://www.guide2.co.nz/money/news/b...sting/11/27833

[Harrie]

The market may be finally woken up to what is really behind the headlined reported drop in profits.
Underlying growth in sales and revenue margins is what growth companies are all about not profit. Sales revenue growth proof in markets, other than Aust, is what I want to see now.
FY2016 rev of $230m is hopefully a conservative estimate.
15m shares off market...big call by someone who has seen the light.

[MAC]

15m shares handover in line with today's news

http://www.guide2.co.nz/money/news/b...sting/11/27833

Interesting isn't it, directors leaving immediately ahead of an ASX listing, well and of course the recent creation of a new yet to be filled spot also, just wish the journo had asked if a2mc had been drawn into any M&A discussions recently ?