Just came across another positive article in the press that I thought shareholders would like to read. I feel something in the air with all these feel good articles coming out of the woodwork.
Is it just coincidence just as all these instos have loaded up on A2 that all these positive articles are popping up left right and centre ???
Who cares, either way I feel that maybe Geoff has delayed a few announcements for Jayne to present to help stamp her mark in her new role. Good chance we might be seeing some new SP highs in the near future no doubt helped by these articles and what the instos do best behind the scenes when the company has some positive surprises to announce. Let the games begin.
Ps the final paragraph sums it up perfectly for those who just recently got into A2 share register and for us LTH. We are all interested in where this company and its SP will be in the next three years.
"What this development means for investors
In the midst of trade agreements and tensions, this news comes as a clear indicator of smooth sailing — great news for an already favourable stock. We’re interested to see what happens in the next three years. Regards, Ryan Clarkson-Ledward, For Money Morning"
A2 Milk Share Price Increases by 3.89%. Money Morning Editorial14/08/2018 Facebook0TwitterReddit The A2 Milk Company Ltd[ASX:A2M] enjoyed a 3.89% increase in their share price today, sitting at $10.14 at time of writing. The development came soon after the announcement in that the company will extend its arrangements with China State Farm Holding Shanghai Co to supply China with infant formula. The deal, in correlation with the massive state-owned agricultural company, renews the exclusive import and distribution rights for A2 for another three years from 6 December 2018, with the possibility of a fourth. The continuation of the agreement is welcome news, not only for its high profitability, but it shows that trade tries have remained strong, despite the icy diplomatic conflict between Canberra and Beijing. A signing ceremony is being held today at Parliament House in Canberra for A2 and China State Farm representatives, attended by Trade Minister Steven Ciobo. China’s ambassador to Australia, Cheng Jingye, has also been invited to attend. What is A2 Milk?
A2 Milk was founded in New Zealand in 2000. The company, like the name suggests, contains only A2 proteins — removing A1 which has been said to cause digestion discomfort and other detrimental health concerns. The company has become a household name in the last few years, and trades in Australia, New Zealand, China, US and UK. In the announcement of the continuing partnership, Ms Jayne Hrdlicka, General Manager for CSFA Shanghai said: ‘This important relationship with the very well respected China State Farm Holding Shanghai has been growing for several years and we continue to value their very strong support of our China business with their deep local knowledge, capability and relationships within the China market. ‘Today signals a continuation of a very successful working relationship and partnership between the two entities.’ Mr Zhao Qing Yong, General Manager of CSFA Shanghai said: ‘China State Farm is delighted and honoured to continue our relationship and partnership with a company that has achieved such unique success in the China market, as together we bring the very high quality infant nutrition to Chinese consumers. ‘This renewal signals the strength of our long-term partnership and we look forward to the future with great excitement.’ What this development means for investors
In the midst of trade agreements and tensions, this news comes as a clear indicator of smooth sailing — great news for an already favourable stock. We’re interested to see what happens in the next three years. Regards, Ryan Clarkson-Ledward, For Money Morning
A2M Price at posting:
$10.09 Sentiment: Buy Disclosure: Held
(20min delay)