Hi hqiu,
I have posted these previously, but things do get lost when there are 700 posts a day, here is a couple of articles which might be of relevant interest to us all.
https://keithwoodford.wordpress.com/2015/05/06/synlaits-akarola/
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11544519
Simply put, there is a disruptive change about to take place in the way that NZ infant formula companies market and sell product into China. Some consider the change will be immediate, some like myself consider that the change won’t be as dramatic and will be later in 2016.
Personally, I agree with Theo Spiering, even though I am a Synlait shareholder, that Yashili and Synlait should not be going down this path, but as an investor one should always need to take such matters into account when working up valuations and associated sensitivities.
There is not so much a demand issue in China for infant formula as there is a demand on what is regarded as safe product from countries like NZ and Aussie.
I find it a bit disappointing actually that a Chinese company like Yashili should come to NZ, build a plant, then seek to gain sales volume in China quickly by disrupting the margins other NZ infant formula companies have been enjoying, should never have been allowed to happen in my opinion.
In regard to price points, I also see no change in Australian price points, only in mainland China price points, hence the pending end to the Daigou’s big profits on the horizon.
kind regards,
- Forums
- ASX - By Stock
- A2M
- The Death Of The Daigou
The Death Of The Daigou, page-36
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
(20min delay)
|
|||||
Last
$5.54 |
Change
0.010(0.18%) |
Mkt cap ! $4.011B |
Open | High | Low | Value | Volume |
$5.50 | $5.55 | $5.50 | $676.8K | 122.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 11541 | $5.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.54 | 5871 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 16217 | 5.530 |
6 | 9031 | 5.520 |
12 | 35379 | 5.510 |
11 | 46063 | 5.500 |
6 | 12402 | 5.490 |
Price($) | Vol. | No. |
---|---|---|
5.540 | 5053 | 5 |
5.550 | 10741 | 10 |
5.560 | 29451 | 9 |
5.570 | 31102 | 8 |
5.580 | 35063 | 9 |
Last trade - 10.48am 06/09/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |