thanks for posting
highly recommend everyone watch this Milford Asset Mgmt interview on A2 milk.
For those who don’t know Milford are one of the biggest Super Fund managers in NZ and are highly respected.
After they spent a week in China with A2 management and doing their own independent checks to confirm what they were hearing they remain confident A2 is doing the right thing investing more in marketing as they see it leading them to become a much bigger and profitable company.
Agrees A2 should be recession and trade war proof.
Commented that the recent reduction in share price is just shareholder churn as those who disagree with investment in marketing sell and those who agree and see a bigger stronger company as result buy in.
Should end soon and see the share price uplift again.
Good to have such a respected fund manager whose just back from a long visit to China still recommending them!!
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$5.88 |
Change
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Mkt cap ! $4.265B |
Open | High | Low | Value | Volume |
$5.87 | $5.91 | $5.83 | $1.412M | 240.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 10465 | $5.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.89 | 2629 | 6 |
View Market Depth
No. | Vol. | Price($) |
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10 | 4485 | 5.890 |
14 | 11872 | 5.880 |
17 | 33391 | 5.870 |
9 | 26068 | 5.860 |
7 | 32025 | 5.850 |
Price($) | Vol. | No. |
---|---|---|
5.900 | 1658 | 7 |
5.910 | 21136 | 11 |
5.920 | 50543 | 24 |
5.930 | 16957 | 6 |
5.940 | 33846 | 9 |
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