Ann: Response to Synlait's earnings and outlook announcement, page-49

Thanks @Bre Wolf. Yes, good to get a bot more detail on the reason for Citi's upgrade.

Like others, I don't think much of the Citi analyst nor trust him much but his story makes complete sense in that it is exactly what most of us expected would be happening in China. They have the resources and the means to access such data, though some of it is anecdotal.

I personally think their will be better sales as a result of what has happened in china over the medium and longer term, but it was good to get confirmation that even short term it may also be better than expected. I read on CNN that JD.com are hiring 20,000 workers temporarily to help people who can't go back to work yet due to the disruptions. No doubt, it is also because they are inundated with extra work.