Pretty much not without making an offer for the whole lot, as close to 20% now.
But not their style - let someone else own the stainless steel, concentrate on marketing and building a big, deep moat......
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One hour to go. Wonder if any surprise announcements to add to half year. Last year surprise was Fonterr:eek2:a. Whatever happens there will be movement up, down or sideways, hang on and enjoy the ride. :t_up:
yep got my poo catchers on just in case
heres some reading to remind long term holders in the off chance it falls 20% today
https://microcapclub.com/2014/08/the...ction-to-hold/
I would be first to admit that the decision to concentrate on the Chinese IF market and the subsequent results have been impressive. And before that the way A2 penetrated the supermarket duopoly in Australia (perhaps less of a duopoly now with the arrival of Aldi) was great. Yet many here seem to have forgotten that this was the result of a near twenty year development program. Twenty years to obtain 'overnight success' and the road to success has been far from perfect. For those who have forgotten, the first foray into the US was such a disaster the company had to withdraw from that market completely. The home NZ market initiative has been well below par, and was only recently restructured with Fonterra coming on board. And England/Europe can be best be described as 'muddling along'. Latterly 'Australian growth' has been maintained only because that domestic market has become an alternative channel for export to China. Other expansions into wider Asia are so far peripheral. What I am saying here is that A2M is far from the unstoppable juggernaut that never puts a foot wrong that some here think.
'Baa baa's implication that you should suspend rational investment thought and buy at any price to get on the train would have to rate as the least astute remark I have read on this forum for some time. Unlike Xero, at least A2M makes a profit - kudos for that. But I would have thought it would have been more astute to look at how other foreign companies have followed their own growth paths into China as a better clue as to how A2M might develop their Chinese market presence. And I have seen very little evidence that the 'A2 faithful' on this thread have ever even thought about doing that.
SNOOPY
good headline numbers , sales light? and margin compression next half? see what happens
Awesome result and strong outlook, what more could you ask for.