But the company did say that ATM was increasing market share at the expense of the other players !
Printable View
Are Class Action games still on the table, or has ATM settled all of them ? ;)
The Aussie action still underway
Marriages have a high correlation to new births, worth noting a2 are out performing in stage 1(0-6 months)
https://says.com/my/news/chinese-couples-rushing-to-get-married-to-have-dragon-babies
Attachment 14855
Bubs is in serious trouble it's gone through the cash like there is no tomorrow.
You're assuming this $128m market cap company that made a loss of $108m on revenue of $60m, and bombed out of the China market, is going to attract additional investment in a cap raise of about 165m new shares (about 20% of shares on issue), to expand (open) a new market in the USA!
We'll see about that, $28m cap raise is a massive massive dilution on the current shareholders currently suffering a $0.17 share price, with no certainty it will work out. Good luck, they'll need it.
This crap has no place on the ATM thread. There is no comparison or relevance to ATM.
David B doing a rave with Madison
How A2 aims to grow marketshare in a shrinking infant formula market
https://www.youtube.com/watch?v=u-1rK5ujjlM
Interesting…First time DB has done an interview in detail since his appointment some 3 years ago. FY24E they will have circa $865mm in cash! The market believes they are looking to acquire manufacturing but a strategic alliance is more likely imo. A few multinationals will be taking a look considering they’re taking market share and have huge operational leverage once the market turns.
“ATM is trading on a 12 month forward PE of ~17x (~14x cash adjusted) and EV/EBIT of ~10x, which is in-line with similar consumer staples peers on a PE basis” Forsyth Barr