With Jan 20 and Feb 20 revenue above expectations and pretty much H1 20FY China label IF revenue recording the same amount of revenue as what was achieved during the full 19FY how much will the company increase supply to the market?
I think we can safely suspect that pretty much an increase of 40% - 50% of IF supply will be needed at a minimum.
Noting these two factors mentioned in the presentation:
- increase in COGS (lactoferrin); and
- 18,300 stores and achieved our highest market value share in the MBS channel during the period.
Markets may go down but this is going in the opposite direction. Instos and the broader market had the weekend to digest the information and now it will be go time IMO.
GLTAH and DYOR
We have this: Federal Reserve, page-11
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