A2 votes yes to Bright Loan, page-44

thanks for the advice. However, it is not something I can take on given I am stuck in this and down a lot of money which i will not sell to insto scum as at a loss. Till see a return then that is how it is. I am in the right to be frustrated as is everyone who is sitting on a loss.

firstly


is this good?

I invested in this back August 2020 when the management swept the issues under the rug and put out a great report ( then sold out). No one could have expected things to turn to trash like they did. If they say the did then they are lying munt and working only on hindsight.

This stock has been hit over and over with garbage within the last 4 years as can see in the chart especially 2021 and 2023. Yes, there has been some turn around however to me it is not good enough for what pay the management. they seem to take a lax approach to things which shows no confidence. They have in my eyes and likely others:

- failed with a buyback which was merely a pump and dump for instos (all gains made over months lost in a few weeks last year),
- were very late to the game with the supply america after the baby formula situation there.
- purchased a factory which seem to be very slow in gettign up and running. There has been no report on any progress to getting own license to sell so dont have depend on others. We dont even know what they use this factory for or state it is in right now. Seems its just we must look like doing something purchase.
- Sitting on nearly a billion with no plan on any investment. seems just a way to pump their bonus as say ohh look profit is higher.
- No forward planning to diversify away from china to other up and coming areas, which is now a customer with consistent issue it seems. Even if there is we dont know.
- appears that they really had no plan on how to deal with synlait who threw them under the bus, ruined the SP and now they have given a life line with giving no idea what conditions are, raising point is there any.
- the SP is still far below from when DB took over.

AS for the Ytd gain, look at chart again. Sure its good for someone new in last year but what about those of us who got in before that? Even early last year would still be at a loss. All of this was merely a recovery on the damage that synalit did. a2 should have handled this alot better. The gain this time is nothing and should have been on top of what had gained from buyback.

I disagree with your point that management has ntohing to do with SP. They absolutely do if show they have good plans which they currently do not. they are coasting on massive salareies. If anyhting goes wrong they just walk away no losses or anything. if they want to show actually gaf then buy some shares When was last time we saw insider buying. Cant be too confident in strat can they?

If thinking why not DCA I will not invest more, as i still see this stock as a timebomb. Even in last 2 months this took a 10% hit based on the fact that there was no info on anything. This has done nothing to deliver any confidence on what they will do gain more value. The instos are still able to push and hold the price based on this and still play the doubts card, so its too risky. Something needs to be done to ruin their plans to short and i have yet to see it.

I've mentioned before $10 min is point where confidence returns as to me it should be at that price by now if things had been handled better.

Maybe you bought in the last month or 2 well good for you but some of us luck is not as good as yours. Its total bs when i see someone say dont be mad when if anyone were in same boat they would be just as mad at money being drained due to poor moves from highly paid people. kidding yourself if say wont be. We are right to be angry with how this has played out overall.