Well that's it for the week and I've just poured myself a nice big glass of Amarula with A2 milk, have a great weekend everyone.
Printable View
Well that's it for the week and I've just poured myself a nice big glass of Amarula with A2 milk, have a great weekend everyone.
Haha looks like the penny has finally dropped for the local punters looking at the open today.
Just been looking at last Feb results. Revenue of $600 mil plus for six months. Looking forward to full year results, maybe $1.2billion which would be about $278mil. gain from last years $922mil. revenue. Couple of 100 million extra in the bank would look good. Anyone know how much a2 have in the bank now? It wouldn't be getting much interest at 1%
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.
The Panic crew are back they obviously dont believe the Trumpet who blames the FED for the market volatility, it has nothing to do with his trade war mouth. Lol
Chartists reading A$14.60 as support level as I am?
Yes. The tax burden is on those companies that actually earn income. So does the tax system ensure that taxpayers over-invest with shares with mostly capital price appreciation. When a market correction occurs the capital value of NZ shares thus takes a real hammering. The hardest hit being the unsophisticated and individual shareholders. This then scares many kiwis back to investing in land.
Then more companies relocate to Australia....
Disc. Still have a holding in ATM.
Yep, around there. A$14.57 closes the gap as well. I'd be surprised if it gets that low with results due in a few days, but with the Bond market wobbles I s'pose SP could do anything. Traders must be loving this, for moi it's an accumulation opportunity, down from A$17.30 ... who'd a thought it?
Charts can't predict anything, that's not what we use charts for, no one has a crystal ball and a chart certainly isn't one. I'm sure you're tongue in check, but the chart helps to plan share sales and purchases giving an insight into timing on either SP rises or falls. They help with gauging market sentiment as well.
Oh I wish I had spare cash to be buying more at these prices
I bought in again ; can’t take the foundation away, no debt good outlook great company long term.
World markets are in in such a tantrum I believe good foundations are always key.
GL to all enjoy the highs and lows
Query-Did Jane sell her shares this year? If she hasn't even when the share price crossed $18 is positive...and if has then for how much?
Also is there a blackout period for her on selling her shares(prior or later to the results announcement)?
Thanks in advance...
Today Radio NZ's financial reporter mentioned Wed will see the release of FY 19 trading results for, "the market's Darling, A2 Milk."
Market Darling? Crikey I remember when it was deemed 'too risky', 'too frothy', and most institutions didn't follow it.
How times have changed. Good luck holders!
Yee Ha, Go you little beauty.:t_up:
I purchased more on Friday, sub 16 is very good value on my calculations.
Lovely to watch isn't it. As Couta said volatility will be there big time and for some until results are announced, it maybe best to stay out of the fire.
I am excited to see their results but think turnover will be slightly under 1.3 billion. The news I am looking forward to are if they decide to implement a dividend or if they decide to buy more of Synait if it is worthwhile in the long run, following the debacle that is happening over there. Hopefully USA is expanding faster than bargained for and maybe they may have clearance to sell A2 IF. Good times good times and all shall be revealed on Wednesday
I'm pretty sure Wednesday is when we find out. Personally I think China IF still strong and increased market share. Australia probably flat and NZ sales up. But most importantly I believe good growth% coming out of North America.
I can't see them paying a dividend for the foreseeable future. They are a marketing company so I assume that's where lots of the spare cash is going to.
If china are banning dairy imports from the USA,it could mean a milk lake could be on the cards for the US,would it not be better to concentrate on picking up any slack in china,and keep an eye on the prices in the US?
And yes for once I might have got back in at the right price,bought some on Thursday.
You are right, it's been that way for a couple of weeks now, but so close to reporting, time for a little lift, as a2 has done in the past a few days out. Over $100 million a2 shares traded so far in Aus today. Something feels different this time. What do you reckon, $17 by tomorrow afternoon:).ps, the last 3 days the highs are getting higher and the lows are getting higher, might be the start of next run up.
Yes it went the opposite way today so I have a few thou more to buy to get back to square on numbers but avg buy price has now dropped by 10c. Will be interesting tomorrow to see if it keeps going up or pulls back in the arvo as it has in the past the day before reporting, I'd better get my tossing coins out.
You just got to bite the bullet, and jump in tomorrow morning before it hits $17. You could also buy half in the morning and half in the afternoon, if you are not confident of sp going up in afternoon. I find with a2 in an uptrend, it's good to just jump in, because if you don't, somebody else will. Same in a downtrend when that comes.ps I buy in both trends. But when they are only half way up, they are neither up naw down;)
Big Wednesday ....market braces for hefty lift in A2 profit .......bring it on ..... https://www.nzherald.co.nz/business/...ectid=12259939
You'd think so but I believe the NZX doesn't know how to price ATM properly hence why all SP movement is directed from the ASX nowadays. And the article kind of gives it away - it's a polarising stock. Despite all the success they had some people still think this is just another snake oil and science doesn't back up their claims. I for one don't care about the science. It's what people click on or put in their trolleys is what counts. Facts take a back seat which in general is a scary prospect but in this case I'm happy to ride it.
I would say what studies are published are very strongly promoting that A2 beta-casein consumption over the A1 variant.
You may not be interested in the science but in this instance there is significant scientific backing. These studies are having significant coverage in media. It is true countries like China do like to procure "health foods" such as manuka honey which has been shown to have not many benefits other than being antibacterial but will pay a premium for the product, in this instance this is not the case (at least hasn't been proven otherwise to date).
I myself drink the A2 fonterra milk sold for the local market over the A1 and A1-A2 variants. After all got to support that SP!!
Exactly as expected ..no surprises
Brilliant, and F20 will be just as brilliant
http://nzx-prod-s7fsd7f98s.s3-websit...477/305761.pdf
Below market expectations. Market doesn't usually like those kind of surprises.
Great solid result, pretty much what analysts expected, so we might see a drop today.......... Who knows. I for one am happy with this result and will continue to hold.
Hmmm not sure what to think yet. It is in line with expectations but I was hoping it would be beating them. For a short-term outlook the ones that sold at $18 probably have done well. It will be interesting to see what happens when ASX opens. I think it might go sideways if not down a bit.
Nice set of numbers...they're executing as per plans and continue to grow year after year.
Wow..closing cash balance of $464.8mln, that is some huge pile of cash they're sitting on.
It's all about the outlook and that is fantastic.
Craig’s guy not entirely impressed
@MarkListerNZ
a2 Milk result looks a bit soft at first glance, relative to market expectations at least. EBITDA and net profit a bit below market forecasts, and a big step up in marketing spend will crimp margins over the next year or two. Expect a weaker share price today.
Good riddance UK, getting rid of dead sticks, better to focus on new growing and promising markets like US...
Hammer time 6 minutes away
Lets predict..............$14.......an aimless guess
$14.50-$15.00 today I reckon
savage .............
A little overreacting I think
Some guy on here is a genius. He predicted $14.60 a week ago.
few people taken to the wood chippers today
Yes that's quite a reaction to a slight miss in average analyst expectations. The miss in net profit looks attributable to increased spend on marketing and staff.
the asx usually is more brutal to stocks that miss targets
shorters will have a fielday
My condolences to holders selling out of such a good company at a lower price.