Based on this report, I believe A2MC will have a stellar result for 30 June 2020.
History tells us A2MC has always been under promising but over delivering.
I think the revenue will be close to 1.8b.
Reasons:
1. Essential items such as Dairy Products like Infant Formula, Fresh Milk, Powder Milk are not impacted by Covid-19
2. Increase marketing spend 200m in FY 2020. Increase store numbers in China and US. ECommerce Sales Platform
3. Increase Supply to meet Increase demand = Increase Revenue
4. Target annualised sales in US is US100m. Most likely higher revenue for 2nd half 2020
All in my own opinion. Go A2M
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Ann: Trading update & FY20 Outlook, page-32
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Last
$6.83 |
Change
-0.160(2.29%) |
Mkt cap ! $4.981B |
Open | High | Low | Value | Volume |
$6.88 | $6.90 | $6.73 | $10.83M | 1.587M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
34 | 29996 | $6.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.83 | 7780 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 23661 | 6.810 |
20 | 25543 | 6.800 |
13 | 36098 | 6.790 |
8 | 13941 | 6.780 |
8 | 10044 | 6.770 |
Price($) | Vol. | No. |
---|---|---|
6.820 | 1483 | 10 |
6.830 | 15001 | 14 |
6.840 | 25492 | 18 |
6.850 | 31002 | 12 |
6.860 | 83853 | 12 |
Last trade - 15.28pm 05/08/2024 (20 minute delay) ? |
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A2M (ASX) Chart |