Yes, you're right:).
A2's success in China is not purely luck. They have the products Chinese like. They have strategies to make people love their story. I really don't think their market penetration is over.
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Hope this will just hurry up and bottom out so we can look forward to a bounce.
Does not work like that.
Management & the board think they can massage expectations and market perception in an orderly manner but in grossly mismanaging the downgrades, have blown their credibility.
Now up to new CEO to restore credibility and the best way of doing it is to ‘clean’ house.
Took FBU 3 long years to restore its fragile credibility after its string of downgrades. ATM is only 6 months in its downgrades & subsequent credibility restoration process - requires a turnaround in earnings and a resumption of growth imo before sp will establish a base to rise from.
So Jayne left because her husband was sick ....and A2 didn’t handle it well
https://www.smh.com.au/business/comp...12-p57a35.html
Bit of the article sends a tingle down your spine .....and people were critical of her big spending -
The large spending on IT experts, strategy consultants in China, and analysts was necessary, she says, to quickly modernise a2 after it had failed to keep pace with its enormous revenue and distribution growth.
”We didn’t have an IT person in the company when I arrived... not a single IT person,” Ms Hrdlicka says. “Supply chain, the ERP (enterprise resource planning) system, everything was super fine for a company that’s turning over $50 million in revenue, but not one who’s on its way to a billion.”
“So of course you have to spend to get people who know what they’re doing, because you don’t have anybody inside the company wh
https://www.havenbaby.co.nz/about-haven
Self-explanatory
Any takeover premium in A2 share price at the moment
Could be a bit in the AFR in next week or so
Watch this space when our beloving Jacinda announce New Zealand's border is set to open following with Australia.
https://nutricia.co.nz/karicare/prod...E&gclsrc=aw.ds
And Karicare officially switches their Gold Plus sub-brand over to A2 formulation.