A2M 8.89% $6.25 the a2 milk company limited

Ann: FY24 Results commentary and outlook, page-90

  1. 78 Posts.
    lightbulb Created with Sketch. 7
    I have had a few stock over more then twenty years just not go anywhere for many years as I did not sell off at its height and had it suddenly collapse years later. All except 1 did recover and much earlier then expected. I was not expecting this bad news but on the positives was amazed at the great position the stock has now in China and that they are in the top 5. I also like the broadening of products that looks promising. The ANZ drop surprised me but they say it is temporary and exacerbated by new product etc. I had a prestige stock in this situation two weeks ago drop more then 30 percent as like A2 while current results were great the next years was sobering with much less growth then A2 expected. This stock has regained almost half that loss as analysts gave their more upbeat views on the soundness of the company strategy and plans and hope for 2026, so hopefully we will we see similar moves not going lower will even do me right now.
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.