ATM - A2 Milk Corporation Limited

[longy]

What on earth is Morgan Stanley up to? Ceasing to have substantial holding 18th and then back substantial holding the 21st where the Sp were about the same then. Since 21st the Sp has fallen off!

[Leftfield]

I don’t see how free hold is any different to any other kind of holding. Its all the same opportunity cost.

Mmmm? Real costs are measured in financial accounts.....opportunity costs are not.

Besides my sleepometer tells me I'm much better off with freeheld shares!

[winner69]

Half 1 Ebitda will come in as expected

Full year guidance is the important thing

If it doesn’t look like full year ebitda going to be over $520m than there could be fireworks ...a signal growth is slowing quite significantly.

If it’s because they’ve thrown Jaynes strategy away even worse news

[bull....]

Half 1 Ebitda will come in as expected

Full year guidance is the important thing

If it doesn’t look like full year ebitda going to be over $520m than there could be fireworks ...a signal growth is slowing quite significantly.

If it’s because they’ve thrown Jaynes strategy away even worse news

but they downgraded 2nd half ebitda and wont give guidance for full year due to virus which is understandable

[winner69]

What does this mean -

Due to the increasing scale of our infant nutrition business, the Board considers it is now appropriate to assess participation in manufacturing capacity and capability to complement our existing supply chain relationships. Accordingly, we are presently evaluating opportunities to address this issue.

[bull....]

What does this mean -

Due to the increasing scale of our infant nutrition business, the Board considers it is now appropriate to assess participation in manufacturing capacity and capability to complement our existing supply chain relationships. Accordingly, we are presently evaluating opportunities to address this issue.

looks like they going to be spending some serious money soon on manufacturing. looks like revenue is a miss but ebitda for half good but the downgrade for the second half is a worry . would mean revenue could be lighter as well esp if virus disruption gets worse

[winner69]

but they downgraded 2nd half ebitda and wont give guidance for full year due to virus which is understandable

Jeez a downgrade ...don’t like sound of that bull...

Must look through the announcement carefully

[bull....]

Jeez a downgrade ...don’t like sound of that bull...

Must look through the announcement carefully

pe of 40 too might have to rein in the growth forecasts going ahead to account for virus and manufacturing spending too come. overall i like there plans but have always thought it a bit richly priced by the market.

[trader_jackson]

With this cornoavirus going around, I am extremely surprised ATM hasn't been hit harder

Was no surprise to me to see a downgrade and no forecast given (= not good at all)... just bizarre how the market, who priced ATM to perfection right now, seemed to not think ATM would be impacted much (with the share price hardly down recently)

[Ggcc]

What does this mean -

Due to the increasing scale of our infant nutrition business, the Board considers it is now appropriate to assess participation in manufacturing capacity and capability to complement our existing supply chain relationships. Accordingly, we are presently evaluating opportunities to address this issue.

Does this have something to do with SML reaching their full capacity within a few years?