A2M 1.67% $6.48 the a2 milk company limited

Nzx full year results, page-107

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    Ginger
    Before I report you for flaming and baiting you haven't read it right. They beat revenue consensus at over 1300 consensus updated was 13.03. They missed profit by 10m and the consensus marketing spend was 83m and they spent fully 50m more at 132m so if marketing spend had been at analysts consensus I would have been very close. However if you take into account inventory was up from 76m to 104m quite deliberately cash on hand was 464m and the value of the Synlait investment is 181 million their book value is over 1 a share.
 
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