How would you feel being on an airline who forgets to put the landing gear down (THE WHEELS):eek2: :D.
Printable View
first time I see this
Time
First TradedTime
Last TradedPrice Volume Change Value Number
of Trades4:10:54 pm 4:14:47 pm 1466 4,627,141 1 $67,833,887 89 3:59:32 pm 3:59:51 pm 1465 1,499 1 $21,960 8
Read this
Jayne Hrdlicka and the a2 formula that didn’t quite work
Insiders say the former CEO was going at a million miles an hour from day one and ‘ruffled a few feathers’ along the way.When Hrdlicka arrived at a2 Milk in July 2018 as a ''change agent'', she moved quickly to put her stamp on the business.
She installed her former employer – management consultancy Bain & Co –as a key adviser within a month of her arrival, replacing Chris Titler, who owned a small consultancy and had advised Babidge and Hearn for much of the previous decade.
Hearn says she "ruffled a few feathers" along the way, which is expected as a new CEO takes the reins and implements change. Investors and analysts were not impressed with the $NZ20 million-odd ($18.9 million) in consulting fees spent during 2019, nor did they like the profit margin outlook at the full-year results in August. The stock fell 13 per cent on the day, hitting a six-week low despite a2 meeting its 2019 full-year guidance.
The sale of about 357,000 shares valued at nearly $4 million within a few months of taking the job had also caused angst. At the time of that sale, Bell Potter analyst Jonathan Snape criticised the action, as Hrdlicka sold down her entire shareholding in the company, excluding options. She was not the only one selling, however; in total, 16 directors and executives sold about 3 million shares.
https://www.afr.com/companies/manufa...d%20investors.
At the end of the day she was a wrong fit for the role with divided attention.
Gaynor suggests her exit fee could be $20m
Thats quite a lot eh ..... but they did tell her to leave
There should be no had out, she is leaving because she was unable to do the job she was paid to do.
I am sure she would have read the job description with a full understanding of what the duties entailed.
https://www.nzherald.co.nz/business/...ectid=12293704
Apparently they $20m mentioned in this article
ABC's take on the matter.
https://www.abc.net.au/news/2019-12-...ction=business
Maybe all this is what happens with a Board that is more global than local.
Trump Signs Off on China Trade Deal to Avert December Tariffs.
President Donald Trump signed off on a phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter.
I don't know anything about his history, but his grasp on the benefits of A2 Milk is fairly limited.
If I would have listened to my scientist mate who told me that the A2 milk claim is bogus and the science will never be proven then I wouldn't have my own home.
http://nzx-prod-s7fsd7f98s.s3-websit...085/314091.pdf
So this says that Geoff Babidge sold off all of his ATM shares after he resigned from ATM in July 2018?
The majority of people who are self diagnosed lactose intolerant, Gluten intolerant and anything else intolerant generally do not suffer from what they think they suffer from. We are all guilty of self diagnosing with the help of Google and if this so called "placebo" A2 works, great for us. I know of many who could not drink milk and now can after drinking A2. It maybe the placebo effect it may not, as long as people believe that they can drink A2 milk, I am happy to be part of this share.
Eventually it will come down to the efficacy of the product.
If the A2 science is correct, then a lot more producers will get on the band wagon and it will be a level playing field.
If it is not correct...then A2 becomes just another producer of high quality milk products....again a level playing field.
Either way the outcome will ultimately be similar.
I guess that's what Jayne was trying to do...to differentiate A2 from the others....irrespective of the efficacy.
Good luck all, never held, entertaining to watch.
Spending uncontrollable.
Whatever new thinking were invented , nobody can escape the nature of this universe , the different between men and women, the bad and the good always exist. By saying that mean , there are certain things which men can't do which women can and opposite.
https://www.shortman.com.au/stock?q=a2m
Short position keeps going up, now at 9.17%, they sure are betting on something to falter..
What happens from here? How long do they have to close the shorts or does that just depend on their deal with whomever they borrow from?
At some stage someone must lose.
Are shorts brought (or sold I suppose) at a price that we can see? Would that give an idea on what they want to see the price pushed down to?
Just thinking out loud really as I struggle to get my head around it.
Aussi A2M closed up after our close. And ATM a bit over sold on our close. Maybe a 5c to 10c jump on our open tomorrow.
Why ASX not open today??? ANyone knows ?
Nz stats release reports milk powder exports up about 25% so far, mainly to china. Atm looking good.
Lol, I'm not going to say how many I've sold over the last two days so hoping for that rebalance magic to materialize, however if it goes silly the other way we can always dump more, it's only a matter of how many full milk bottles you walk away with at the end of the day, although my milk bottles are always only 2/3 rds full with the milk tax removed.
a2 got a new competitor
New study says sheep's milk easier to digest than cow's milk
https://www.stuff.co.nz/business/far...than-cows-milk
Yep, sheep's milk is all A2, so of course it's going to be easier to digest than A1A2 lol
A2 milk from a balance sheet perspective is truly a beast of a company. The drop from 18$ was pretty unwarranted imo, and looking forward to hopefully seeing it go beyond that price post-february results (which tbh I don't really see can't be good?)
Couta1, what time does this rebalance start?
I predict it will go down and then up again.;)
Thanks all , Can we still buy after 4'45pm?? Or we just guess a number then put an order with that number in ??
Buckingham Palace had confirmed these rumours are udderly false.
Got to get more Canta cream this avo. Just bought my last lot of a2 for the year at 15.20, 5 min after Aus opened. Gee it moves fast, talk about the fast and the furious, went to amend the order to 15.10, but in that 30 seconds it had gone down to 15 15 and took me out at 15.20:eek2:.
https://www.shortman.com.au/stock?q=A2M
Around 5m shares covered since short positions peaked at 9.17% on 11 December but still high at 8.47%.
Here's a perspective on what the shorters are still there :
https://www.ig.com/au/news-and-trade...n-short-191218
"Some answers may be found in the musings of Citibank analysts, who remain bearish on A2’s prospects. etc etc "
Guess the shooters are prepared to buy the 'long' short game.
Brave souls!
Another Scientific for A2Milk
https://academic.oup.com/ajcn/advanc...dFrom=fulltext
Harping back to the science?
The science depends on which science you look at.
ATM didn't do so well in 2002 when they tried to say that A1 (eg 'normal') milk causes type 1 diabetes and heart disease, or autism and schizophrenia - starts to get a bit fringe really.
Empirically it can be shown that A1 can cause gut discomfort in some people whereas A2 doesn't - much more solid ground to rest on.
ATM seems to have pulled back from that - for the good.
Generally running the science line will be a loser for most people - especially with some of the bigger claims (autism etc).
Regarding my comment 'normal' milk - in reality it seems that A2 is normal and A1 was a mutation - just so happens that cows that have it produce better hence the widespread adoption of A1/A2 cows.
A couple of interesting articles
https://www.noted.co.nz/health/healt...r-your-stomach
https://en.wikipedia.org/wiki/A2_milk
NZ HERALD broker picks are out... obviously A2 has been picked by 5 out of 6 brokers. Still some steam left in this beauty. Sea weed- your $18.50 target looks quite near !!
Paid article.. sigh. Want to share a few more details for us haha
Hopefully a good start to the new year for ATM on the ASX today
Price parity with the current exchange rate would see ATM down N.Z. 41 cents on our market if it was open. Not a good start for 2020 :eek2:
I doubt they're worried about Geoffrey Babbage, he's a safe pair of hands. Perhaps the market is still worried about how much Jayne and maybe also her mates ? have "creamed" the company for with their exit package(s) ? Material effect on 2020 forecast profit ?