Beware the 'market darlings' says UBS chief strategist, page-27

Hi , beef

You talk about spreading the risk and don’t put all eggs in one basket ? Ok , what about A2m use their cash to buy a mining company? Lithium ? Cobalt ? Or buy a land in Melbourne CBD and build a 50 story apartment on it ? Will that be more diversified?

I agree A2m should focus on China and other Asian countries. Now A2m made shit load of $ from anz and China , and those $ can be used to fund the lost in USA and uk market . Nobody cares how much we lost / invest . What if the sales slow down in China in a few years time ? Will that be another Bunnings warehouse disasters? I don’t know ...

I also don’t like the Pregnancy Formula and milk powder with manuka honey . Women takes folic acid during pregnancy. Its Blackmore/ Swiss territory. I don’t think PF will be that successful.