The way the sharemarket reacted to meeting guidance for the full financial year and not exceeding it, can we expect another massive sell off when they announce they met guidance in Feb? Lol...
Printable View
Hi Gregnz the growth speed have to match the current P/E.
A2 Milk wary about meeting reduced sales target
The a2 Milk Company has maintained its lowered September guidance for its 2021 financial outlook but has warned that there is uncertainty to its forecast and it will require an improvement in the daigou channel and continued growth in its China label business
https://www.afr.com/companies/manufa...0201117-p56ffs
Did anybody else catch the comment regarding Mataura valley during Q&A from the chair that was something along the lines of ultimately wanting to to get registration for it (If it goes ahead) Now I assume he was referring to SAMR registration which is required to sell china label in MBS on the ground in China.
With SML having a exclusive supply arrangement for IF in Asia Pacific, and currently building the Pokeno plant(Which doesn't yet have SAMR registration? ) are they expecting to exceed SMLs supply capacity or will there be some kind of agreement in the name of diversification??
They sure must have some lofty IF demand forecasts going forward for MBS in China.
Expect bull to put up every negative or slightly negative article he can find over the next while, thinks he can influence the status of a 10 billion dollar companies sp, in reality the best he can do is make a few already nervous holders press the sell button to help achieve his own selfish goals.
Pure TA no emotion … SP reversed at 50MA, price support comes in at previous recent lows, the gap to $13 comes into play if that support fails.
https://www.nzherald.co.nz/business/...S3O5TEXP5T3CU/ Paywalled article.
Mark Lister, head of private wealth research at Craigs Investment Partners said the share price reflected caution about what may lie ahead. "We like the long-term a2 Milk story but we are a little bit cautious about the short term," "The second half will be a tough one for them and it still feels like there is still a lot of uncertainty in terms of getting things back on track," he said.
"I still feel that the Australian market reaction was the right one," "A2 Milk still stacks up over the long term, but I think the next six months will be quite challenging,"