ATM - A2 Milk Corporation Limited

[Lola]

A listed company is obligated to inform the market of anything that may materially affect the price of the company's shares. Obviously a cap raising is material. It is providing this information so that current shareholders who may be buying or selling shares today on the basis of the takeover offer news, have all the information they need to appropriately judge whether today is a good or bad time to buy or sell. This information would be clearly relevant to those holding large chunks of ATM stock (Freedom, Perich family) and it will be a factor in whether they choose to back a take over offer or not (and they will be currently being canvassed by the buyers to see what price they would be willing to sell at). If information is provided to these shareholders, it must be disseminated to all shareholders.

Do you really believe that??
Obligations and the real world are still poles apart.

[nextbigthing]

I would've thought if ATM is going to be taken over, it would be at a price much higher than the current 66cps.

Amazing opportunity perhaps?

[drcjp]

I for one do not consider it coincidence that this has come on the heels of a dropping NZ dollar, an apparently successful minor scale intro into USA, a developing market in England and who knows how many yum yum, big bucky cans sold in PDRC. We are now in last week of Q4. Careful notice also suggests the big market players are now steadying for another rise over the rest of this week.

Hold on grandma and don't crack the good stuff just yet Dennis.....

[Harrie]

Would of thought that contemplating and planning a CR at this early stage of progress in the USA is a good thing given a2mc natural tendency to risk aversion. The way I read it, expansion and the funding of that expansion would only be contemplated on positive results.

I think that Perich is in there somewhere. He seems to be an advocate for a2 fresh milk and other a2 product.
Given that via FF and Arrovest his interests are close to 20% of ATM, wouldn't be surprised if this expression of interest is coming from Arrovest.
Past 20% they are forced to make an offer to all shareholders.

Built into the 0.66c SP is the threat that the offer may not go ahead. If there is an offer subject to DD etc then its likely to go above 0.76c on further speculation and the offer is likely to be around 0.85 to $1.10.
Could be a cash and FF share offer with FF listing on the NZX?

Can't see why the CR planning issue needed to be raised either?

[bull....]

just on cnbc say freedom don't know who it is and management are leaving the country to see clients?

[bull....]

corrected it is freedom foods

[see weed]

Tried to buy more at 66c at 4.57pm. but missed out. In my exp. (in the surf) hopefully the second wave tomorrow may be bigger, with all the media attention etc.

[NT001]

Normally I wouldn't be too surprised if the Perich family were involved, but doubt that FF are keen on spending big bucks on a takeover. Perich seems quite positive about A2 milk, but FF has never indicated much public enthusiasm, and recently announced its 19% a2MC stake is available for sale. FF is is not primarily a dairying outfit, and is investing heavily in new plant to increase its production of snack and health foods, its main area of interest.

But I wouldn't necessarily assume the mystery people behind the takeover interest are FF and Perich. Some reports out of Australia today assert they are not involved. There would be others watching carefully, and impressed with a2MC's progress and strategy. Could be Chinese or American. In fact I wouldn't be startled if it turned out a2MC's new US chief executive, Jeffrey O'Neill, was involved. No evidence whatever for this, but if he can see a big future for A2 milk in the US and elsewhere, why wouldn't he want to buy the firm and do things his way? He has big experience, notably in the beverage industry, and would probably have the connections to fund a takeover. The US is the obvious big future market for A2 Milk, lacking the uncertaities of China. I stress this is pure speculation but it would make sense, and when hard information is lacking one has to think laterally.

As a LT holder and a firm believer in the underlying science, my worry would be if the potential bidders were Big Dairy interests hoping to stem rather than advance the A2 proposition. It could be argued that Big Dairy (and that doesn't necessarily mean Fonterra, which has its own probems at the moment) has more to lose from a2MC's continued existence and gradual expansion than what it might cost to buy the company and its IP now and render it ineffectual.

Whether I sell or not will depend largely on who the bidders are. I would like it to remain essentially a NZ company controlling its IP. But above all I would like the A2 proposition to become accepted and carried forward for the benefit of all consumers. I believe in it for other reasons besides purely as an investor.

And I agree with Snaps, some big investors will be reluctant to sell.

[Kirk]

Normally I wouldn't be too surprised if the Perich family were involved, but doubt that FF are keen on spending big bucks on a takeover. Perich seems quite positive about A2 milk, but FF has never indicated much public enthusiasm, and recently announced its 19% a2MC stake is available for sale. FF is is not primarily a dairying outfit, and is investing heavily in new plant to increase its production of snack and health foods, its main area of interest.

But I wouldn't necessarily assume the mystery people behind the takeover interest are FF and Perich. Some reports out of Australia today assert they are not involved. There would be others watching carefully, and impressed with a2MC's progress and strategy. Could be Chinese or American. In fact I wouldn't be startled if it turned out a2MC's new US chief executive, Jeffrey O'Neill, was involved. No evidence whatever for this, but if he can see a big future for A2 milk in the US and elsewhere, why wouldn't he want to buy the firm and do things his way? He has big experience, notably in the beverage industry, and would probably have the connections to fund a takeover. The US is the obvious big future market for A2 Milk, lacking the uncertaities of China. I stress this is pure speculation but it would make sense, and when hard information is lacking one has to think laterally.

As a LT holder and a firm believer in the underlying science, my worry would be if the potential bidders were Big Dairy interests hoping to stem rather than advance the A2 proposition. It could be argued that Big Dairy (and that doesn't necessarily mean Fonterra, which has its own probems at the moment) has more to lose from a2MC's continued existence and gradual expansion than what it might cost to buy the company and its IP now and render it ineffectual.

Whether I sell or not will depend largely on who the bidders are. I would like it to remain essentially a NZ company controlling its IP. But above all I would like the A2 proposition to become accepted and carried forward for the benefit of all consumers. I believe in it for other reasons besides purely as an investor.

And I agree with Snaps, some big investors will be reluctant to sell.

http://hotcopper.com.au/threads/ann-...2#.VYee4vmqpBc

[Kirk]

so freedom foods it is along side a liquid production company...........coke, pepsi....going to get interesting.
Imagine how powerful the commercialisation of A2 would be with a big name brand behind it.

The other one might be New Hope. http://www.theaustralian.com.au/busi...-1227409162896