White collar crime is untouchable...
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White collar crime is untouchable...
For what it’s worth …from Morningstar
https://www.morningstar.com.au/stock...ningsta/217610
Is this thread aware that it is illegal to send ANY dairy product especially infant formula out of NZ UNLESS To send infant formula or milk powder overseas you must:
- register as an animal products exporter under the Animal Products Act 1999 or use the services of an exporter who is already registered
- meet the requirements outlined in the Export Requirements for Infant Formula Products and Formulated Supplementary Foods for Young Children
- meet any overseas market access requirements (OMARs) which apply, and
- secure certification if official assurance is required for the destination market.
Is it the same from Australia??
Will A2 have an A+ year in 2022 …jury still out
https://businessdesk.co.nz/article/p...a-year-in-2022
Jeez hadn’t realised ATM had fallen so far. Todays market review says:
Infant formula exporter A2 Milk led the index lower as it fell 4.2% to an almost five-year low at $5.48.
Sp looks like it is heading towards $3.50 imo.
No good news out of China for ATM - another declining birth rate in 2021, domestic competition eating into imported market share, increased input costs as well as COVID related cost increases.
https://www.nzherald.co.nz/business/...VSIWFODGT6C3A/
Paywalled
Sapato's take over news out yesterday. Not sure this time is real or just big fundies play?? However, if there was a smoke must be a fire??
Farmers Weekly Article
https://farmersweekly.co.nz/s/fw-art...XJJHDOXVORINGQ
If you have a lot to sell at a reasonable price.. then talk to the Australian media and they will do the needful 😀#Saputo!
Encouraging for BUB's, especially the channel growth. But no mention of profit? Am I reading this correctly?
"Record quarterly gross revenue of $19.9m"
".. the Company advises it spent$14.4 million on product manufacturing and operating costs, $3.0 million on administration and corporatecosts, $1.9 million on staff costs, and $2.2 million on advertising and marketing." (= $21.5m)
= Loss $1.6m ???
Had to go look for the thread which is buried on Page 4.
Its been very loooong time between drinks, just broke through $6 mark. Forget the numbers, lower NZD FX should give decent tailwind for rest of 2022.