A2M 1.50% $5.90 the a2 milk company limited

A2M and BAL latest scan and IMS data up to end November 2015, page-17

  1. 74 Posts.
    lightbulb Created with Sketch. 1
    Seems like the management's forecast of $68m is for 1H16 is pretty bang on.

    A broker report I read showed actual IF sales of ~$9.5m for Jul, Aug and Sept and $11.5m for Oct, which means Nov sales was around $17m based on the figures provided above.

    Conservatively using October sales as a proxy for December sales will give us a total of ~$68m for 1H16. I think its unlikely the management will provide another forecast upgrade but there's a good chance actual results will come in above the $68m.
 
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