Sorry mate you lost me there.
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Why? I believe it's very clear as Nor wished for another tragedy (preferably involving infant tragedy in China) while you believe that if it happened, it would be covered up because of 'face'?
Meanwhile, we have in NZ ongoing infant killing incidents where the killers are granted 'face'* and are able to escape justice (shame about the murdered infants) which is why the infant killings continue in NZ.
* 'face' as in NZ justice system where the perpetrators have more rights than the victims.
Remember the 'Kahui Twins' whose heads were bashed in but nobody has been held responsible?
https://en.wikipedia.org/wiki/Cris_a...ahui_homicides
Face as in 'our NZ is all about equal justice and law & order ' to show the world. Never mind victim rights - it's all about criminal rights.
Never mind that killers are given 'face' and allowed to roam in society.
You have a lot to learn about the reality of today's world, Ancient Mariner - still living in the Colonial Era?
Back to where ATM future prospects and where its sp could go from here.
A very successful fund manager advised me years ago that he always look for divergent views on a stock, rather than blindly follow the herd which is the norm in the broking industry where analysts & brokers all have the same directional call on a stock.
Divergent views mean that someone is going to be very right and that's where the real opportunities are.
So with ATM today, we have the following updated recommendations and target prices :
Morgans ADD $6.65
UBS BUY $12.50
Bell Porter BUY $8.50
Credit Suisse SELL $5.00
Citi SELL $5.85
Macquarie SELL $5.60
Morgan Stanley HOLD $7.10
Consensus price target as at 24 May 2021 : NZ$8.01
Consensus price target a year ago : NZ$19.02, price target ranged from $13.50 to $22.00 which means that those who followed the negative view at that time saved themselves some serious money!
But of greater importance now is - who is going to be right in a year's time?
Move over A2 Milk (ASX:A2M), there’s a new company on the block
Attracting a bevy of celebrity investors, this newly listed company now boasts a market cap of around $13 billion.
A2 Milk acts an alternative for those who may have difficulty digesting standard cow’s milk. Without getting into the nitty-gritty details, the company’s milk still contains lactose. However, Oatly’s oat milk is completely dairy-free, lactose-free, and milk protein-free. Therefore, it is arguably an option for a wider audience of people with allergies or significant intolerances
https://www.fool.com.au/2021/05/25/m...-on-the-block/
wow huge competitor wont be long before we have oaty infant formula
"wow huge competitor wont be long before we have oaty infant formula"
Only if you want undernourished and unhealthy children
Oat milk is not really milk & is not ok for people with celiac disease or gluten intolerance & according to NHS def not suitable for babies under 1 year old & as Habits said unless heavily fortified lacks the proteins & nutrients children & anyone recovering from illness or medical treatments such as chemo or just needing a some extra protein to regain strength, which are needed & provided in natural milk.
While it may have a small niche market, milk from grass fed, GMO free dairy cows still hard to beat & once educated about the difference, don't think this much of a threat.
LOL - fearmongering at its best supported by no facts at all.
Lets face it ... the best nutrition for babies is their mothers breast milk ... no need for A1 or A2 or whatever cows milk. Older children and grown ups need a balanced diet, and cow's milk offers a range of vitamins and other nutrients to get there, however - it is clearly not the only option to compile a balanced diet. There are many people who don't drink milk and have still a healthy and balanced diet. There are as well people who drink milk and have an unhealthy diet.
Just check healthline:
https://www.healthline.com/health/fo...llatti,-MS,-RD
Quote:
“Milk is simply not necessary in the diet. Every nutrient in milk can be found in whole plant foods, and some nutrients needed for healthy bones, like vitamin K and manganese, are not in milk, but are in whole plant foods.
Oat milk, cow's milk, almond milk, goat's milk, whatever-you-like milk.
It's here, and it's growing volume.
I would be expecting any milk (dairy?) player to be in that market.
Just as I'd be expecting the meat processing industry to be churning out second or third generation vegan meat.
A bit like Coca Cola adding "plain" water to their "flavoured" water range.
Bull is being satirical. He/she doesn't actually believe this. Hook line and sinker mind you
noun
an opaque white fluid rich in fat and protein, secreted by female mammals
That is not from oats and almonds sorry. Similar to saying vegan sausage roll
@BP You jest knowing that you have a house cow out the back and not almond trees or fields of oats. Btw did you know the alternative 'milks' are not sustainable after all
UBS updated a buy price at $12.50, then sold its holdings at current price level. Who can explain this? Moral hazard or something else?
http://nzx-prod-s7fsd7f98s.s3-websit...828/346889.pdf
The tidal wave movement to plant based nutrition cannot be ignored. Oat, Soy, almond. You name it. There's a real movement behind it because vast and ever increasing numbers of people think its cool and think they're saving the planet. That it doesn't have the same nutritional values as cow's milk doesn't matter one iota to these people. Its all about the cool thing to do and the placebo effect...because they think its better and cool they feel it is better.
I doubt any of the analysts have a clue how growth will or will not resume with demand for ATM which basically renders all DCF "valuations" as nothing more than today's estimated value of a bunch of absolute guesswork about potential cash flows in the future. More concerning is I doubt management and directors have a clue either and accordingly we're all flying blind which sheets us back to the unalienable facts that do exist, that the birth rate is in decline, that domestic brands in China are gaining serious traction and momentum and that huge logistical issues with freight won't abate anytime soon or that freedom of international travel won't resume anytime soon.
My sense is that there is no dispute that the tide is still going out and stabilizing this ship and its market share will be a heck of a lot easier said than done, let alone trying to grow it down the track which even if achievable will come at an enormous sustained marketing cost.
The trend is your friend... for those not invested. Until the trend changes the risks appear to well and truly outweigh any apparent short term rewards. On the other hand once we get a clear trend change such as a break back up through the 100 day moving average (which is unlikely to happen anytime soon and may not happen until well into 2022 or even possibly 2023) this will have been de-risked enough so the potential rewards at least balance the risk.
Disc: Sitting on my paws with this one and keeping my powder dry until I am sure the carnage is over.