Why stop at $4 let's say 55c
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Why stop at $4 let's say 55c
5 o'clock boys back in town again?...no big volume though.
There've been quite a few changes in the lower ranks of the ATM Top 100 list since last August, but not much among the main players. I have an update but it's hard to format for posting. I'll try if Josh can't.
Problem is, these tables don't tell us much of the real story. One doesn't know what's going on within some of the big custodial deposit accounts, especially NZ Central Securities Depository (administered by the Reserve Bank), which holds almost half ATM's total shares on behalf of unnamed investors. These must include Milford and almost certainly AMP, but you can't tell for sure from these lists. Despite NZCSD holding well over 300m shares, the net change in its total holding in the latest fortnight was only 240,000 shares (gain), although obviously there must have been far more activity by its depositors than that.
Some other custodial accounts have been closed and/or consolidated since last August, but even where their holdings have changed significantly, you don't know on whose behalf the shares were held, and whether they've been traded. I don't know if there's any way of getting a breakdown of the individual holdings held in these custodial accounts. They could include quite substantial holdings we don't even know about. There's no mention in these lists of the NZ Super Guardians who hold over 40m shares, or ACC which has 24m, or Equity Casa Grande (US) which has 30m - at least they did have a little while ago. The lists don't show changes in their holdings.
Will check out a top holder notice tomorrow
Thanks NTOO1 & Joshuatree. That leaves us little guys about 83.7 million shares to play with.
That's interesting, now that you mention it SW. The latest Top 100 list that I have, dated 31 January, shows that the so-called Top 100 now only control 570,160,702 shares, which is about 6 million less than was the case six months ago. So 6m shares seem to have gone from the big buggers to the little guys, who now have 89.9m to play with. Unless someone in the Top 100 is somehow under-declaring their holdings by 6 million. Interesting thought.
But in fact the totals given on these lists don't quite gel arithmetically. The latest list says the 570m shares controlled by the so-called Top 100 make up 90% of the company's shares, but they don't, they only make up 86.3% of the 660m shares shown as being on issue. Something wrong somewhere, I think. I hope Josh can put up the full list, so others can perhaps find an explanation.
Actually SW, I would have thought you would be lurking somewhere in the Top 100 yourself after all your recent topping up. The cutoff point is just 200,000 shares, which is peanuts at today's prices, or $100,000 to be precise.
I hope readers don't mind me posting this here even though there is no link to ATM. But for those of us that have read and found interesting Keith Woodford's book Devil in the Milk, this is an interesting development http://www.stuff.co.nz/national/heal...e-for-melanoma
ATM recently made the move from 2l to 1l bottles in the UK per the re-launch plan.
Morrison’s are selling the new 1l bottles for £1.00, that’s yet a further relative increase in price point beyond the 2l bottles they were previously selling for £1.90.
Tesco’s are selling the 1l bottles yet higher again at £1.39, Waitrose also at £1.39
Onward, forward and upward in the UK I suspect, if ever higher price points are anything to go by.
http://www.mysupermarket.co.uk/morri...e_Milk_1L.html
http://www.tesco.com/groceries/produ.../?id=287259122
http://www.waitrose.com/shop/Product...i+skimmed+milk
Many thanks to Craigs . Unfort can't find my original to put this next to but there is one back a few posts.
SecurityIssuerName ATM.NZ The a2 Milk Company Limited
Rank Cur: 31-Jan-2015 Prev: 16-Jan-2015 Difference Cur Prv Shareholders Shares Held(%) Shares Held(%) Shares Simple(%) Relative(%) 1 1 NEW ZEALAND CENTRAL SECURITIES DEPOSITORY LIMITED 306212305 48.3697 305971406 48.3316 240899 0.0381 0.0787 2 2 FREEDOM FOODS GROUP LIMITED 117699229 18.5919 117699229 18.5919 0 0 0 3 3 MOUNTAIN ROAD INVESTMENTS LIMITED 57558701 9.092 57558701 9.092 0 0 0 4 4 ULRIKE MCLACHLAN 7135163 1.1271 7135163 1.1271 0 0 0 5 5 DAVID MAIR 5000000 0.7898 5000000 0.7898 0 0 0 6 6 GREGORY HINTON & ROSSLYN HINTON 5000000 0.7898 5000000 0.7898 0 0 0 7 7 SUPERLIFE TRUSTEE NOMINEES LIMITED 4571641 0.7221 4571641 0.7221 0 0 0 8 8 FORSYTH BARR CUSTODIANS LIMITED 4183490 0.6608 4140500 0.654 42990 0.0068 1.0383 9 9 JBWERE (NZ) NOMINEES LIMITED 4035962 0.6375 4035962 0.6375 0 0 0 10 10 TP TRUSTEE BENDEMEER LIMITED 4000000 0.6318 4000000 0.6318 0 0 0 11 11 CUSTODIAL SERVICES LIMITED 3442062 0.5437 3453962 0.5456 -11900 -0.0019 -0.3445 12 12 NEW ZEALAND DEPOSITORY NOMINEE LIMITED 2501374 0.3951 2512741 0.3969 -11367 -0.0018 -0.4524 13 13 PETER HINTON 2193064 0.3464 2193064 0.3464 0 0 0 14 14 GREGORY HINTON 2000000 0.3159 2000000 0.3159 0 0 0 15 15 FNZ CUSTODIANS LIMITED 1883213 0.2975 1945463 0.3073 -62250 -0.0098 -3.1998 16 16 INVESTMENT CUSTODIAL SERVICES LIMITED 1870701 0.2955 1881701 0.2972 -11000 -0.0017 -0.5846 17 17 RESOLUTION INVESTMENTS LIMITED 1790000 0.2828 1790000 0.2828 0 0 0 18 18 LEVERAGED EQUITIES FINANCE LIMITED 1746661 0.2759 1746661 0.2759 0 0 0 19 19 FORSYTH BARR CUSTODIANS LIMITED 1585271 0.2504 1642271 0.2594 -57000 -0.009 -3.4708 20 21 ASB NOMINEES LIMITED 1541411 0.2435 1400000 0.2211 141411 0.0223 10.1008 21 20 CIRCADA LIMITED 1400000 0.2211 1400000 0.2211 0 0 0 22 22 PHABEN HOLDINGS LIMITED 1200000 0.1896 1200000 0.1896 0 0 0 23 23 CUSTODIAL SERVICES LIMITED 1068832 0.1688 1071549 0.1693 -2717 -0.0004 -0.2536 24 24 FORSYTH BARR CUSTODIANS LIMITED 1011800 0.1598 1026800 0.1622 -15000 -0.0024 -1.4608 25 25 ROTORUATRUST PERPETUAL CAPITAL FUND LIMITED 1000000 0.158 1000000 0.158 0 0 0 26 26 GEORGE PEMBERTON 914500 0.1445 914300 0.1444 200 0 0.0219 27 28 ROSSLYN HINTON 900000 0.1422 900000 0.1422 0 0 0 28 27 FORSYTH BARR CUSTODIANS LIMITED 889019 0.1404 909019 0.1436 -20000 -0.0032 -2.2002 29 29 FORSYTH BARR CUSTODIANS LIMITED 880950 0.1392 880950 0.1392 0 0 0 30 30 MARTYN REESBY 800000 0.1264 800000 0.1264 0 0 0 31 31 CUSTODIAL SERVICES LIMITED 704204 0.1112 712204 0.1125 -8000 -0.0013 -1.1233 32 32 ARTHUR YOUNG & PETER WILSON 700000 0.1106 700000 0.1106 0 0 0 33 34 FNZ CUSTODIANS LIMITED 649500 0.1026 649500 0.1026 0 0 0 34 35 RICHARD PATERSON & LEE PATERSON & PETER GOWING 644972 0.1019 644972 0.1019 0 0 0 35 36 RICHARD PATERSON & LEE PATERSON & PETER GOWING 644972 0.1019 644972 0.1019 0 0 0 36 37 JAMES MCLAUGHLIN 635595 0.1004 635595 0.1004 0 0 0 37 38 CUSTODIAL SERVICES LIMITED 615240 0.0972 605260 0.0956 9980 0.0016 1.6489 38 33 CUSTODIAL SERVICES LIMITED 579900 0.0916 671400 0.1061 -91500 -0.0145 -13.6282 39 39 MICHAEL HARE 550000 0.0869 550000 0.0869 0 0 0 40 40 CUSTODIAL SERVICES LIMITED 538972 0.0851 544972 0.0861 -6000 -0.0009 -1.101 41 41 WARREN LONG 525000 0.0829 525000 0.0829 0 0 0 42 42 LEVERAGED EQUITIES FINANCE LIMITED 507750 0.0802 507750 0.0802 0 0 0 43 43 MICHAEL LOOKMAN & 187 BRIDGE TRUSTEES 53 LIMITED 500000 0.079 500000 0.079 0 0 0 44 44 LUCY HINTON 500000 0.079 500000 0.079 0 0 0 45 45 EMILY HINTON 500000 0.079 500000 0.079 0 0 0 46 46 MM MORTGAGE SOLUTIONS LIMITED 500000 0.079 500000 0.079 0 0 0 47 47 HYLTON LEGRICE & ANGELA LINDSAY 500000 0.079 500000 0.079 0 0 0 48 48 TROUBADOUR HOLDINGS LIMITED 500000 0.079 500000 0.079 0 0 0 49 49 ASB NOMINEES LIMITED 480000 0.0758 480000 0.0758 0 0 0 50 50 ADAM RYALL & JUDITH RYALL & CHRISTOPHER PATRICK MOORE 450000 0.0711 450000 0.0711 0 0 0 51 51 INVESTMENT CUSTODIAL SERVICES LIMITED 416465 0.0658 416465 0.0658 0 0 0 52 52 PHILLIP HARRIS & PRUNELLA HARRIS 400000 0.0632 400000 0.0632 0 0 0 53 53 NICHOLAS LAUTZ 395703 0.0625 395703 0.0625 0 0 0 54 58 FNZ CUSTODIANS LIMITED 361975 0.0572 309575 0.0489 52400 0.0083 16.9264 55 54 CHRISTOPHER JOHNSTON & KOKILA PATEL 353855 0.0559 353855 0.0559 0 0 0 56 55 BRYAN HUTCHINS 350000 0.0553 350000 0.0553 0 0 0 57 56 PENELOPE HUTCHINS 350000 0.0553 350000 0.0553 0 0 0 58 57 JOHN ELLIOT & TONI ELLIOT 315000 0.0498 315000 0.0498 0 0 0 59 59 HARROGATE TRUSTEE LIMITED 304000 0.048 304000 0.048 0 0 0 60 60 RICHARD TURNER 300000 0.0474 300000 0.0474 0 0 0 61 61 JOHN LEAHY & SHARYN LEAHY & SARAH LEAHY 300000 0.0474 300000 0.0474 0 0 0 62 62 STEPHEN PRYOR & CITYLAW TRUSTEES LIMITED 300000 0.0474 300000 0.0474 0 0 0 63 63 LINDA SIMMONS & FARRY AND CO. TRUSTEES LIMITED 300000 0.0474 300000 0.0474 0 0 0 64 64 ROBERT STEWART & LEONIE STEWART & IMPACT LEGAL TRUSTEE LIMITED 300000 0.0474 300000 0.0474 0 0 0 65 65 4 EYES LIMITED 273350 0.0432 273350 0.0432 0 0 0 66 66 ASB NOMINEES LIMITED 268500 0.0424 268500 0.0424 0 0 0 67 67 CHRISTOPHER AIKEN & WARWICK AIKEN 265000 0.0419 265000 0.0419 0 0 0 68 68 MEGAN PEMBERTON 256600 0.0405 256600 0.0405 0 0 0 69 69 ANTHONY COOMBE 255125 0.0403 255125 0.0403 0 0 0 70 70 ALLAN SOLLY 250800 0.0396 250800 0.0396 0 0 0 71 71 THE NEW ZEALAND ANGLICAN CHURCH PENSION BOARD INCORPORATED 250000 0.0395 250000 0.0395 0 0 0 72 72 CONSTELLATION CAPITAL LIMITED 250000 0.0395 250000 0.0395 0 0 0 73 73 LANE CAPITAL GROUP LIMITED 250000 0.0395 250000 0.0395 0 0 0 74 74 PLUTEUS (NO 164) PTY LIMITED 243480 0.0385 243480 0.0385 0 0 0 75 75 JOHN FAULKS 240100 0.0379 240100 0.0379 0 0 0 76 76 JAGUAR NOMINEES LIMITED 240000 0.0379 240000 0.0379 0 0 0 77 77 INVESTMENT CUSTODIAL SERVICES LIMITED 240000 0.0379 240000 0.0379 0 0 0 78 95 JOHN EDWARDS 240000 0.0379 200000 0.0316 40000 0.0063 20 79 79 LU MCDONNELL & TANIA HODGES & TORO WAAKA <NGATI PAHAUWERA DEVELOPMENT> 235600 0.0372 235600 0.0372 0 0 0 80 80 GREGORY KEEN & PATRICIA KEEN 232156 0.0367 232156 0.0367 0 0 0 81 81 COLIN EADE 232000 0.0366 232000 0.0366 0 0 0 82 82 CAROLINE BALL & CHRISTOPHER BUSH 230656 0.0364 230656 0.0364 0 0 0 83 83 EUAN BIDWILL & ANNA BIDWILL & JAMES WALLACE 225000 0.0355 225000 0.0355 0 0 0 84 84 ROSS MEAR & DEIDRE MEAR 225000 0.0355 225000 0.0355 0 0 0 85 85 EUAN BIDWILL & ANNA BIDWILL & JAMES WALLACE 225000 0.0355 225000 0.0355 0 0 0 86 86 BARBARA KEDGLEY 221000 0.0349 221000 0.0349 0 0 0 87 87 CRAIG PERCY 220258 0.0348 220258 0.0348 0 0 0 88 88 FORSYTH BARR CUSTODIANS LIMITED 202285 0.032 202285 0.032 0 0 0 89 89 MICHAEL GUTHRIE & SUSAN LECKIE & ALBERT ALLOO 200340 0.0316 200340 0.0316 0 0 0 90 90 AMALGAMATED DAIRIES LIMITED 200000 0.0316 200000 0.0316 0 0 0 91 0 LOUISE WRIGHT 200000 0.0316 0 0 0 0 0 92 91 PUBLIC TRUST 200000 0.0316 200000 0.0316 0 0 0 93 92 PETER DE CLIFFORD & GWENDOLINE DE CLIFFORD 200000 0.0316 200000 0.0316 0 0 0 94 93 PETER BRADFIELD 200000 0.0316 200000 0.0316 0 0 0 95 94 NICOLAI SCHUPBACH 200000 0.0316 200000 0.0316 0 0 0 96 96 BRIAN GREEN PROPERTIES (1971) LIMITED 200000 0.0316 200000 0.0316 0 0 0 97 97 SOMSMITH NOMINEES LIMITED 200000 0.0316 200000 0.0316 0 0 0 98 98 PARNELL HOLDINGS LIMITED 200000 0.0316 200000 0.0316 0 0 0 99 99 SALLY CLATWORTHY 200000 0.0316 200000 0.0316 0 0 0 100 100 NZ METHODIST TRUST ASSOCIATION 200000 0.0316 200000 0.0316 0 0 0 0 0 0 Top 100 total 570160702 90.0633 569729556 89.9951 231146 0.0365 0.0406
Top Share Holders: ATM.NZ: Top Share Holders
De javu...
It shows you can charge premium prices much more easily once you take A2 milk off the "ordinary" milk shelves where it just gets lost and causes puzzlement among the customers, and market it on the specialty milk shelves alongside almond, soy and lactose-free. That's the strategy outlined by CEO Wotherspoon in his interview late last year. Of course if Morrisons can make a profit selling at a quid a litre, the others are creaming it at £1.39 without benefiting us poor shareholders very much. But at least their pricing suggests there's a good market. I like the explanatory blurb about A2 that Tescos offer.
Presumably the same sales strategy will be used in the US. No point in just going head-to head with standard milk in a wealthy and health-conscious market like California. Not to mention China, where a certain percentage of consumers won't balk at price for quality, and the trick will be to differentiate the product.
OK, maybe someone can explain this me because I am too simple (or naive) to work it out.
For one year I have screenshotted and saved ATM trading data from the NZX site. I have noticed the real-time volumes sometimes don't add up and can be out by hundreds of thousands on a day, as they dissappear the next day.
And then there is the common 5'OClock price drop on zero volume, eg.
Attachment 7042
How is this possible? Can brokers withhold the volume traded? If so, why?
So many questions...
Why your broker does what they does I have no idea.
But I find that stocknessmonster.com are fairly reliable:
so for ATM today you could take a picture of this
Best Wishes
Paper Tiger
Yep, especially when one considers that the 1l bottles at €1.39 are within the upper range of the specialty brands on offer, and, just one year ago a 2l bottle of a2 milk, under the Wiseman JV, was retailing for only €1.49
A strategy that worked well in Australia, some will say that all markets are different, and fair enough, some too are more similar than others and there is all the potential within the UK and the US for a similar level of uptake.
The ATM goal for the UK was to achieve just a humble 1.8% market share by FY16, Wiseman held them back for six months perhaps a little longer, but that really doesn’t seem to be an overly ambitious target to ultimately achieve to me.
23 million folk in Australia, 64 million folk in the UK, 319 million folk in the US, potential a2 customers all.
Someone has an order to buy 20,000 at .485c. Did'nt know you could buy in half cent lots on ATM shares:ohmy:.
China running out of milk powder.Could be good for a2 milk powder?
One week until the interim report is due (released Wed 25th Feb apparently). What are your predictions for sales?
Australia we've been told is 38% up for the first four months. China we know had the regulatory issues. The Aussie exchange rate won't be helping but the lower cost of milk will. The UK? Who knows, very early days for the relaunch. And NZ? Traditionally very little, but perhaps their will be a spike in sales where seeweed lives :)
$70-75M?
It’s hard to imagine that a2MC would not announce the launch of a2 milk into the US prior to marketing at the Anaheim natural products expo in early march.
http://www.expowest.com/ew15/public/...ases&SSID=3260
Given the timing of the HY next week, perhaps we may get that announcement concurrently.
i hope you are right MAC. The sp does suggest any good news. Usually some insiders will start to buy in if the HY is good.
Up 2c at the moment on light volume. Maybe insiders, who knows? Every time I go shopping I tell about 5 or 6 people. Enlightened 3 people today at Pak n Save and was'nt even shopping, and chased one guy down after seeing him put 8 two litre bottles into his cart, but told him he can buy a2 at Countdown and shares in the company if he wants to.:D All good, and looking foward to positive report next week ...I hope.
see weed, you are such a good salesperson. Atm should hire you!
I am assuming we'll get the HY report on 26 Feb likee last year. Does anyone know an exact date ?
Hi Iceman, Wednesday 25th February, according to the website, should be a good one barring any catastrophes.
http://thea2milkcompany.com/investor...r-information/
Fingers crossed
Would be a nice spot for anyone interested, looks like the a2 team is forming up in Boulder Colorado, the US launch can’t be far now.
Up, up and away !
“We’ve changed the face of the liquid milk category in Australia. We’re changing the way we drink milk and bringing people back to dairy, one glass at a time. Now, The a2 Milk Company is coming to the US market.”
“Fresh from our success down under and, as part of a growing global footprint, we’re working with local farmers to satisfy the desire of millions of US milk lovers for real, natural milk that’s delicious and easy to digest because it contains only a2 protein from 100% a2 cows.”
National supply Chain Manager: Boulder, Colorado
https://careers-creativealignments.i...lk-company/job
Brand Manager: Boulder, Colorado
https://careers-creativealignments.i...nd-manager/job
General Office Assistant: Boulder, Colorado
https://careers-creativealignments.i...-assistant/job
About 12 months ago I was suffering from mild colitis….my doctor recommended a break from dairy products. 6 Months later, big improvement and mild colitis gone. 3 months ago I experimented by introducing A2 milk into my diet for the first time ever and experienced none of the adverse symptoms I was getting with 'normal' milk.
My experience is not uncommon, my Doctor said as part of the aging process (i'm 65) our stomachs begin to struggle digesting foods that in the past caused no issues. Clearly my stomach started having issues with 'normal' milk, but my sensitive stomach can now handle A2 with no issues.
I'm impressed, and as a result have become a recent holder of A2 shares. I figure they can only gain from their current low levels.
No matter what the actual numbers say mate there will be plenty of positives to keep the punters happy.
Just like post ASM and the good news they mentioned we will see another burst to 70 cents but this time I reckon the rise will be sustained and we WILL see that $1 this time around.
All primed and ready to go
Sunday on 0ne at 7pm. Camel milk....is it a2?
Have noticed 2 pages of the a2 forum has disappeared.:confused:
Good on you L F, Welcome aboard. Same here, been drinking it for 7 months now and will never go back to a1. Will also be buying up more shares in the next couple days. A2 milk is much cheaper than camel milk. TV one tonight said camel milk was $25 a litre over there in Perth.
Wow, $25/l, a mouthful is a few bucks.. We shall start now and can make an ipo in a couple of years.
Millie Hinkle was the expert who was speaking in favour of camel milk, and also there was a guy from Perth who described similar problems as Left Field. All sorted now after trying camel's milk. a2 should get in touch with Millie Hinkle and tell her about the benefits thereof. Not least the price.
You are right snapiti and it is a real shame how this deleting stuff works ! It is also a real shame how many posters have to get personal and abusive !
Hey but roll on the 25th and the HY announcement :t_up:
I have been excitedly waiting for updates on China & UK and still do. But after a bit more research and thinking, maybe A2 Platinum sales into Australia may be the pleasant surprise coming our way, just ahead of the ASX listing !
It seems that there is more nutritional value and less lactose in camel milk than exists in a2 cows milk.
We know that camel milk has only the a2 protein so the question that was not answered was, would the guy from Perth have suffered the same problems as he experienced with regular cows milk by drinking a2 milk.
You may have thought that Millie Hinkle would have suggested he try that at least.
Would not be surprised to see the Australians shutting down the supply of raw camel milk, the same way as they have shut down the supply of raw milk elsewhere in Australia.
raw cow milk is not safe.. not sure about camel milk tho..
True - Raw milk from dodgy farmers and milk processors ignoring hygienic requirements is not safe. Unfortunately there are farmers and milk processors in New Zealand who are not always at the top of what's required to keep raw milk save. Just have a look at some farms ... if the cows have the runs (as I have often seen on NZ farms), if all available space for the cows is covered with dung and the cows have clots of dung at their utter (again - indication for overpopulation and not enough focus on cleaning up the land and the animals), than yes, I would not recommend to drink raw milk from these farmers. Obviously - if the processors contaminate the milk (not unheard of for Fonterra), than this does not help either. Yes, milk produced and processed this way must be treated. But honestly - who would want to drink this anyway?
However - if you know where the raw milk is coming from and know that the producer take milk only from healthy and clean animals with enough space and if you know they know their hygiene 101, than there is nothing unsafe about drinking raw milk.
I did drink raw milk all my life (as a child purchased from farmers I or my family knew and later in life taken from our own cows) and our children grew up with this diet into healthy adults. Never ever had we (or anybody else consuming our milk) any problems from drinking raw milk.
Only difference - it tastes much better than the processed stuff ... and funnily many people allergic against commercially processed milk can drink ours. Yes, raw milk does not keep for ages, but it is not unhealthy if it gets off - it just changes its taste (which some people like, and others don't). Anyway, if it goes off you still can make delicious cheese with it.
You're right Harrie, that question should have been probed, and the guy might have saved himself enough money to buy a luxury tour to the Middle East and ride a camel to the Pyramids.. Actually the camels-milk farmer near Perth has been in the news for some time for providing raw unpasteurised camel milk (not legal but he has ways to get around that), and a TV reporter who did some research (unusual) found that in the Middle East it is widely used for the treatment of autism and asthma. One man she spoke to suffers from Common Variable Immune Deficiency (CVID) - a cancer-related disease which often has a very poor prognosis - and swears by it being a staple in his diet. She also said the science behind the milk shows it can also help treat diabetes, cholesterol, Irritable Bowel Syndrome, Crohn’s disease, hepatitis and leaky gut. Some of these are mentioned in Prof Woodford's book.
Actually sheep's milk is another available option to cow's milk, which I like very much and has a higher nutritional value than cow's milk but is expensive and not easy to find in NZ shops. Sheep's milk is drunk very widely in many countries, and a Southland farming enterprise is getting into it in a big way but unfortunately it's mostly for export.
In the past few days, it always closes a bit lower than the sp during most of that day. Errr
Not wishing to flog a dead camel as it were, but the former CEO of Australia's first commercial camel dairy was reported last year by the Sydney Morning Herald as saying more than 300,000 camels are estimated to be roaming in the desert, putting Australia in a unique position to capitalise on the market for camel's milk. It didn't say what he was charging for it, but said "We had people coming in and buying the milk for diabetes, autism, lactose intolerance and kid's allergies."
Question for you NT.
In your opinion would you consider that camel, sheep, buffalo milk etc would be more effective/potent in ameliorating diabetes, autism, cholesterol, Irritable Bowel Syndrome, Crohn’s disease, hepatitis and leaky gut etc, than a2 milk?
Is it a good time to top up this afternoon to avoid the made rush tomorrow morning following all the good and positive announcements? Or is it a good time to sell this afternoon to avoid the made rush out the back door, due to bad negative announcements? It will all come out in the wash tomorrow. Good luck to all holders.
Usually you get a fairly good indication a couple of days before the results are out...(SPK trending down from highs before the results, SLI trending up before the results) On that basis, doesn't look that good with the ATM SP struggling to get over the 51 mark.
Either that or cards are being played close to the chest. Will be interesting see weed.
i think ppl just not sure what the result will be tomorrow... could be just making a little of profit or a little of loss.. i expect it might not move much tomorrow.. 2c up or down max...
Still abig seller in market. Look at xro how it jumped up after seller gone. Tomorrow will be good news but how mụch fresh milk into chína can make Úp for exchange rate will be big. Everything else should be predictable sales uk improving USA to start baby formula in china improving. Exchange rate and big seller/s may be the decider what happens tommorow.
They were reporting 38% growth in Australia not long ago, hopefully that has held and we can add in fresh milk sales to China and (I expect) decent growth in UK. Wouldn't expect much from the US yet, if they ever sign with one of the big supermarkets there... that will be buy time for sure. At the moment US is probably not even off the ground. Good news from UK/China/Aus and I expect some northward momentum. Providing Milford aren't playing games... ahem... cough cough... sorry I mean... as long as everything else remains constant(ish).
Yep, recent plunge has a lot to do with the NZD/AUD exchange rate knocking off a big chunk of revenue for A2. Poor buggers (including me!).
What will be really quite interesting will be the extent to which the enormous drop in farm gate milk prices boosts margins, it will depend on what ratio of supply is fix contracted.
a2mc haven’t historically told us, as far as I’m aware, how much supply is contracted at a fixed rate and how much is procured direct at a market rate.
Potentially this may well more than offset any movements in Fx which has not been as great for this particular reporting period, at only 4.5% by aggregate calculation.
Analyst price targets have not altered leading up to the report, usually a good sign.
IMO it would take an absolutely appalling report tomorrow to justify the 47% drop in SP from 96c.
Good luck to shareholders and all those looking to enter on this dip.
Off the cuff, no, logic says A2 milk would do the trick just as well. But if a medical specialist said you actually need a bit of extra nutrition and are at a suitable location, one or two of the other milks might come into the picture.
Incidentally, the cholesterol theory has pretty much gone down the tubes now. Latest thinking is it was basically propounded by Big Pharma as a fraudulent pretext for selling billions of dollars worth of statins. The facts have actually been out there for years, and I refused statins when advised to take them because I knew they were a hoax. A book called The Great Choleterol Con by Dr Malcolm Kendrick has been on the market for years (my copy is dated 2007). Kendrick is a British GP who is a bit like A2's Prof Woodford - he got suspicious, boned up on the whole topic and then wrote the book which he threw at Big Pharma. If you're on statins, consult your GP, and if he/she doesn't know about the change of view, tell him or her to get up to date.
I'm also not sure that A2 would ameliorate leaky gut, it just ameliorates the conditions that are due to leaky gut.
of the 4 supermarkets i visit on a regular basis a2 formula seems to hardly move at all - single tin shelf space (where milk has gained a few rows), the shelf space for formula is also at knee height... Hopefully thats not representative of the wider sales. Good luck holders!
again dumping at the end of the day.. Sp back to 51c
Yep, that's correct. Interesting to see the sellers are at 53c now....it'll all be clear come tmrw morning...
I am sure there will be some progress to report from the UK and China, but also from the US - perhaps not sales yet although this is scheduled to come very soon, but setup.
I read somewhere that one of the chains that a2MC is doing business with in the UK has a big health-focused network of outlets in California, the main initial target market.
Colorado looks like being named as the managerial hub with executive and marketing people based there. But I would surmise that the packaging would not be done there - it's some distance from California and not a major dairying state, but a good location for reaching into other parts of the US. I would think the packaging might be done in California itself, which is the biggest dairying state in the US despite the cost of land there. Idaho, Arizona and Utah are also among the big ones not far away, with known A2 farms operating.
Should be an interesting day, and I think the board will be wanting to make sure it's a positive one for the SP.
Holy moly. Half year out and $75m revenue! 38% increase in revenue compared to last year. Backing up the 2016 full year revenue guidance of $230m.
In my books, a damn good result. Revenue growth is accelerating, EBITDA of $14m in Aus/NZ. NZ business also going well thanks to see weed in the supermarket isles. :-)
https://nzx.com/companies/ATM/announcements/261068
profit.........!!!!!!!!!
ASB are having trouble at showing results. Do they have 20min delay?
And lodgement of ASX listing. Some great years ahead if projections proceed to plan.
Some insightful and interesting commentary in the CEO's report, recommended reading for all who are interested:
https://nzx.com/files/attachments/208646.pdf
let's hope the market will do what it should be doing... upward...
"The a2 Milk Company Limited (a2MC or Company) has today lodged an application
for admission to the Official List with the Australian Securities Exchange
(ASX) for the proposed dual listing of its securities on the ASX. "
more good news...
but the chairman is leaving... odd...
looks like an exciting next few years ahead. The US 4th quarter launch is sooner than expected & no doubt the soon to be aussie investors will want a piece of that!!!!!!!!!!!:t_up:
so reliant on aus, show me the growth else where ho hum
As anticipated no movement in SP so far today. Suspect that while growth in Aussy is very encouraging its mainly already discounted in the SP. Whilst growth opportunities in international markets appear to be encouraging no one is obviously buying into the view that growth is a certainty as they did around this time last year. Revenue from China could have been a bit more positive, the underlying EBITDA c/f last period doesn't help. Generally a pretty positive report with a fairly good dose of optimism about future growth though.
spent heaps of money on consultants about growth, hope they have some good ideas the current ones apart from aus dont seem to be working and with the us to come on stream later this yr more cash burn
Looks like a good result, Revenue up and early pathways for further international growth up and running. Hopefully they are successful in at least one country - US/China/UK. Very little profit but always nice, better than a loss and would have been bigger as one off costs of consultants and listing knocked it back.
Not to sure about the benefits of the ASX listing - I have heard it all before ie SUM, but who knows might help some Aus institutions jump on board. Will prob just mean more costs/compliance.
What I like about this company is they have good cash cow (a2 genetics!) in Aus market which can fund growth.
Here's the herald article - kind of stupid title. I think as shareholders we are looking for revenue growth overseas not the profits, hopefully profits come further down the track.
http://www.nzherald.co.nz/business/n...ectid=11407575
Keen buyer but our 51c dumper still in play. One day there will be an explosion upwards.
Generally a very good result having found the time to read the report from cover to cover.
Exceptional revenue growth, that’s the key thing for a2MC on a growth curve, agree with NZSilver that earnings will come later, sacrificing earnings for growth is all important for now.
No surprises in regard to progress in the UK and China, both markets now setup very well to go ahead from this point. Interesting to hear that ATM are the largest fresh milk exporter to China, let’s see if they can consolidate that position, absolutely a huge potential with that market.
And, let’s see how many Australian insto’s and funds come to the NZX now with a cheque book, with view to taking home a holding in ATM. The companies that have benefited in the past from a dual listing are the ones with a large Australian segment operations.
Harbour today anticipate the AUD to fall away to sub 90 in the medium term, which may stabilise or even add a tailwind for ATM now also.
http://www.harbourasset.co.nz/wp-con...Question-2.pdf
Buyers building up again. Up 2c , hope it lasts this time.
Was that you see weed buying 15M shares ?
buyers kick in now
would be interesting to watch next SSH notice
Holy moly. 15m shares just went under the hammer? Big day trading today... hopefully that was a decent chunk from our big seller...
wow that is some serious action, good work for the guys that topped up, :t_up:
Perhaps not so odd, as he came into this company with a background very much in the healthcare and retirement homes sector, where he remains heavily involved, both in NZ and internationally. That sector is booming, and I expect he wants to focus on it. He has done great things for a2MC, coming to the party as a cornerstone investor and strong driver when the company faced difficult times after the deaths of its two founders, Howard Paterson and Corran McLaclan, and the enforced retirement due to ill health of its next chairman, Jim Guthrie.
56c now, hope that's the last time we see the sp in low 50s...
Have come to pretty much the same conclusions after reading the report. Australia continues very strong growth in both fresh milk and A2 Platinum, retaining very good margins and profit to carefully fund the marketing strategy in UK/CHINA/USA.
Noone should have expected huge sales numbers in China now with the "moratorium" on infant formula sales there from May till December.
Very interesting indeed that a2mc has the highest share of fresh milk exported from Australia.
I feel we are well positioned but will be expecting to see significant ramping up of sales in the UK in the next 12 months.
Looks like Mr Market has this morning accepted the report as being satisfying !
http://www.stocknessmonster.com/
Can tell you all from here that the 15ml shares went thro' at 53c and they're all OffMarket....
wow.. up 5c or 9.8%... surprise
now seller at 56c, buyers at 54c... who will give up first?
15m shares handover in line with today's news
http://www.guide2.co.nz/money/news/b...sting/11/27833
The market may be finally woken up to what is really behind the headlined reported drop in profits.
Underlying growth in sales and revenue margins is what growth companies are all about not profit. Sales revenue growth proof in markets, other than Aust, is what I want to see now.
FY2016 rev of $230m is hopefully a conservative estimate.
15m shares off market...big call by someone who has seen the light.