Good on ya lf for posting those pics, did see them on HC too.
With less than a month to go before the EOY results out on 23rd Aug, those kind of anecdotal evidences bode well.
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What is also telling in the pics is that ATM retailing at $27 has sold out, while other competitors on special at $20 remain unsold. Clearly consumers perceive benefits from ATM and are willing to pay a premium. Exciting times predicted ahead when ATM's doubling of production takes hold in October.
Coutts will be happily playing on Coronet ski field and oblivious to the fact that he's cleaning up. I know he recently backed up the truck and trailer unit on this one. He's getting more cunning these days, not like the days of old where he's load up on speculative mutts he now chooses quality companies. Well done mate.
Comparative to wet milk , infant formula has margins dreams are made of.
A2 MILK COMPANY - NZ FY13A FY14A FY15A FY16A FY17F* OPERATING REVENUES GENERATED - NZDm 94.5 110.8 155.1 352.8 546.0* Cost of goods sold as a proportion of product trading revenues 64.30% 64.00% 64.80% 57.20% 52.00% Cost of promotional marketing as a proportion of trading revenues 4.80% 8.90% 9.40% 10.30% 10.00% Cost of logistics/shipping & freight as a proportion of trading revenues 7.90% 7.20% 6.00% 4.40% 4.00% Cost of corporate as a percentage of trading revenues 10.70% 15.00% 15.30% 11.40% 10.00%
Net margin difference on previous Y
n/a
(7.40%)
(0.40%)
12.20%
7.30%
OPERATING EXPENSES INCURRED - NZDm
84.8
106.6
151.0
297.3
428.6
I notice we are now main stream at the Newtown Countdown in Wellington with four high double depth crates of A2 centre stage in the chilled milk isle, brilliant best I have seen. Following must be growing around here. A2 availability at this store was the reason I started shopping here a long time ago.
However in passing noticed the new Beachlands Countdown in Auckland had none, do we have distribution issues up there?
Gunny
$4.24 ALL TIME HIGT , there must be an major update coming, when is the next ann due, are we in for a rerating ?
After buying a truck load at 50c I sold half of them at $1.60 early last year. Better check what I did with the money and it better be good.
Yep I've been wondering what's happening with the love of my life today! No news so maybe just the HC bods exciting themselves again?
Sold 20K of my 50c pile at 2.25 because I couldn't see them going much higher and wanted to lock some profit in. And told the wife it wasn't worth putting her 50K into ATM then as there was now too much downside! Another great call.............Now I just go along for the ride and enjoy every 1c movement and think how my favourite saying is so applicable to my investing....
"Luck beats skill any day".....