Chart Update, page-19401

The reason A2M has been getting an excellent margin is fairly simple.

It’s priced as premium, and Chinese customers like it and buy it.

Almost all imported IF got Daigou channel , but why their margin is no where near ?

Apart from Feihe, who’s been known to have a habit of cooking the books ( A NPAT margin at 40% higher than Microsoft Facebook and google anyone ? And what ? It got delisted from the US market in 2013 for cooking the books? ) I couldn’t find a diary business that got a NAPT margin around 20% at a current PE 23-24 and forward PE <20.

—Saputo from Canada is running at PE 25-26 with a profitability 1/3 of A2M .( Wait what? they don’t even have a IF business and still at 25-26?? How dumb are you investors in Canada)

—Blackmore is running at 35-40 PE, ( What? Remove half the market cap tomorrow ! Share holders you’re all duped!)

—BWX ( Sukin ) is trading at around PE 30 ( What ? Their Chinese sales is only about 10 % and Margin is lower than A2 . Mr Market burn that company and share holders you’re dumb. What? Regal bought in when the PE was at 28 back in Feb/ March. Their reputation being the one of the top hedge fund must be fake. Mr Market take it down!

— WEB Still burning cash every month and no PE , and Vaccine roll out delayed. New virus variant popping up left right and centre. Europe is back in lock down . What? SP has more than doubled from the Covid low. What? Our Daigou hasn’t come back yet who are you to double? Mr Market smash it now!

—And most importantly , Mr Market , rerate the above company tomorrow!

Now you see how ridiculously the SP has been oversold and how ludicrous it’s for some of the people to sentence A2M to death and selling at this sort of SP.

Everyone’s got eyes but no one bothers to check across the industry.

Everyone’s got a computer and a calculator but no one bothers to do some calcs and some checks to see how A2M stacks up.

Everyone likes reading the SP yet no one bothers to read into what others are doing and what their report tells you.

What shall I say ? And who am I to make such comment? Oh wait everything states above is real and happening in the market.

Have a bit of think guys!