ATM - A2 Milk Corporation Limited

[Jasemc]

still to much big seller.

[blobbles]

Close unchanged. I was hoping at least 58c

Yeah, spent most of the day at 58-59c (big trades @58.5) then closed at 57... big seller still in control...

[Tsuba]

http://www.fnarena.com/index2.cfm?ty...C576B5E0CD563E

[babymonster]

I m happy with the target... Still a lot of challenges ahead but looks promising.

http://www.fnarena.com/index2.cfm?ty...C576B5E0CD563E

[sb9]

I think until it breaks thro' the 60c mark, it might flirt around 57-59c range...

[MAC]

Last September a2mc told us that they had just initiated the new fresh milk airfreight market to China.

Just last week they told us that they had already become the largest fresh milk supplier to China, I think it’s fair to say then that they are successfully on track thus far.

I reckon fresh milk sales to china will add $6M in revenues to the FY15 result, it may even make the China segment profitable at FY15, let’s see.

Fresh milk is now retailing in China for Y59 (NZ$12.35) was previously Y49 (NZ$10.26). ATM advice is “could be pushing toward three million litres for 2015, according to its Asian general manager, Phil Wohlsen” and “expects demand to at least double each year.”

http://adf.farmonline.com.au/news/ma...2/2713426.aspx

Success doesn’t happen through random probabilities, it happens through good management, researched on the ground market analysis, competitive advantage, and applied business strategies.

Estimated 2015 sales (ATM): 3,000,000 1 litre bottles
Retail Price (Jingdong): 49yuan = $10.1NZD per bottle

That’s annual internet sales revenues of 3,000,000 x 10.1 = $30.3M

The internet retail price in China would have probably been agreed by ATM to maintain a minimum gross margin after transport costs, Jingdong margins and overheads.

Let’s say that COGS overall are around 65%, as per fresh milk in Australia, it could well be a lot better than that given the opportunity value of the market, but that still provides roughly a minimum floor for net revenues = $10M

[bull....]

looks like the same pattern happening again as numerous other times should know by the end of the week. anyway couldn't get over the 58c - 60c resistance

[babymonster]

What pattern?

[Xerof]

The seller who turns up at the end-of-day bun-fight, along with most other non-retail interests, where they (usually) provide the best liquidity and price discovery, during the closing auction

more an event than a pattern

these are not the plonkers who fiddle about all day with their bots, these are the BSD's

[bull....]

the pattern was after big news the price had big spike this followed by gradual sell down next two weeks to previous levels before news which would indicate around 50c - 51c this time.