I really don't think that is a valid reason. Year after year of Fonterra shareholder meetings. Buying Westland after crippling Fonterra who were incredibly naive, that made sense. Why in heavens name would you buy the middle man?
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I really don't think that is a valid reason. Year after year of Fonterra shareholder meetings. Buying Westland after crippling Fonterra who were incredibly naive, that made sense. Why in heavens name would you buy the middle man?
ATM is not just marketer of premium milk products , it has supply contracts , cornerstone share holding in SML and fully own MVR and many other advantageous positions in different countries ...leaving alone its brand value and patents of A2 identification process .
So anyone in the industry who has demand side covered like Chinese SOE can be a keen player to either have cornerstone shareholding or outright majority holding
ATM problem is demand not supply ...if that player has demand then its good match
PS : Normally such deals make sense in such downturns of the company not in their heydays
Will be very surprised to see it drop below $ 5.50 for long
It really sounds like a lot of hot air to me. The whole food security issue, that is well covered and ATM would be bottom of the list, SML maybe a bite of that but if you look at the multinationals operating in China and think about where ATM stands I can't see it as a target. MVMs share of current MC? 7% and that was from existing cash on hand or NTA.
hot air it might well be but the handle is down , again.
Movie re runs of the long march will be next......little red books and red caps...:D
That statement has served me extremely well thanks.
The sad reality is this forum seems like the only thing you have in your life. You post 25 odd times a day across various threads because you are lonely and want your voice to be heard. When someone doesn’t “bite”, you head across to HC as “xmanrocks” and do the same thing. I feel sorry for your partner/family as they probably have no idea what you do in front of a computer screen all day to satisfy your addiction.
Goodbye