ATM - A2 Milk Corporation Limited

[sb9]

$2.01, drum roll pls...

[Sideshow Bob]

Since A2 is now priced on 'exponential growth', an operation ten times the size of what we see now, a mere doubling of production in 2H 16 would cause the A2 share price to collapse. A doubling of herd size is so far below what is required from here, there would be a stampede for the exit door!

SNOOPY

I think to quote perhaps Warren Buffet, "the market can stay irrational longer than you or I can stay afloat"

But I love irrationality!!

[fiasco]

I'd be happy for a small rise tomorrow and nothing else!

[whatsup]

Mist be good news up over 10% so far today !

[Ginger_steps_]

Since A2 is now priced on 'exponential growth', an operation ten times the size of what we see now, a mere doubling of production in 2H 16 would cause the A2 share price to collapse. A doubling of herd size is so far below what is required from here, there would be a stampede for the exit door!

SNOOPY

They also have price rises up their sleeve which I expect to mentioned in tomorrows report.

[LAC]

Looks good

https://www.nzx.com/companies/ATM/announcements/277752

[stefan]

https://www.nzx.com/companies/ATM/announcements/277747

I don't think many people will be running to the door with results like that

[Leftfield]

Overview - financial results for the 6 months ended 31 December 2015 (NZ$m)

• Total revenue of $139.1 million, an increase of 86% over the prior corresponding period (pcp)
• Substantial growth in sales of a2 Platinum® infant formula across Australia and New Zealand (ANZ) andChina with total revenue of $73.9 million, up 340% on pcp. This compares with previously advised sales
  for the four months to 31 October 2015 of $38.0 million
• Net profit after tax of $10.1 million, compared to $0.1 million in pcp
• Group operating EBITDA1 of $18.7 million, representing a 472%2 increase on pcp. This result includes
  expensing establishment costs in the USA and UK markets of $8.1 million, record operating performance
  in ANZ and significant growth in China
• Increased fresh milk performance in Australia with sales up 5% in AUD over the pcp
• Accordingly, the full year forecast has been revised upward with Group revenue in the range of $335
  million to $350 million and Group operating EBITDA forecast to be in the range of $45 million to $49million

[sb9]

Very solid performance overall at first glance, still reading the full report.

[Kirk]

Great report. Think we will get upto $2.50 again today. Aussie market is going to love this. Even with getting on BAl as they will piggy back this result