I believe we may well be on the slow climb until results day.... $1.2 Billion turnover is lower than what I expect. We will be near $1.3+. We will find out on the 21st of this month.
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I believe we may well be on the slow climb until results day.... $1.2 Billion turnover is lower than what I expect. We will be near $1.3+. We will find out on the 21st of this month.
While we wait results, here's a good news story from the Australia Food Marketing Industry about A2's online sales success in China FYI.
Read it.
Attachment 10707
Brewed in Malaysia: [ click me for story ]
Thanks for posting Snow Leopard...... good to see A2 awareness growing in Asia.
I think its very safe to assume that revenue of at least $1.3b is given, question is how much more on top of that will they deliver and more importantly what's the NPAT would look like.
Other key drivers would be US growth traction, china market share growth and any other strategic initiatives they may have in plan with their ever growing cash chest of at least or close to $500mln sitting in bank and earning bugger all interest.
Totally agree, Over the last 5 years ATM has been growing my capital invested at an average of 130% pa (according to Share site). I doubt if they could have achieved this growth if they had been paying a dividend.
In addition, I prefer tax free capital gains to taxable dividends.