AGM Voting Process, page-9

China is still the world’s largest infant formula milk powder market.

Number of milk powder brands have dropped to between 400 and 500 from more than 2000, meaning that the market shares of existing brands are larger than before.

With our cash, A2M couldn’t be better placed to promote a growth strategy from this position, so what is it?

According to Kantar data relating to Chinese IF market:
Top 50 brands have 95% market share.
Top 10 brands account for 77% market share.
A2M has 8% overall market share.
A2M has 60% market of the a2 formula category.

Sales of A2M in China rose 38% in the fiscal year ended June 30 from previous year, according to the companies latest report.

The milk powder industry has been facing difficulties in the past 3 years, but A2M’s business in China quadrupled.

This is what they’ll tell us to make us feel good, and it’s all great stuff.

But 52-week lows.
3 year loss to shareholders is 72%.
“SP crushed 20 to 3”

How do we send our strongest message?
Is everyone prepared for the Shareholders meeting?

What is the one appropriate unified question we could all put down?



https://finance.yahoo.com/news/think-a2-milk-company-limiteds-035620753.html

https://www.yicaiglobal.com/news/intl-dairy-firms-keep-focusing-on-chinas-milk-powder-market-despite-declining-births