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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Last
$6.82 |
Change
0.010(0.15%) |
Mkt cap ! $4.930B |
Open | High | Low | Value | Volume |
$6.80 | $6.92 | $6.75 | $12.34M | 1.813M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3893 | $6.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.83 | 17044 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14 | 6.800 |
3 | 8610 | 6.790 |
2 | 17226 | 6.780 |
2 | 10279 | 6.770 |
1 | 2504 | 6.760 |
Price($) | Vol. | No. |
---|---|---|
6.830 | 9758 | 3 |
6.840 | 8610 | 3 |
6.850 | 6062 | 2 |
6.860 | 5330 | 2 |
6.870 | 20000 | 1 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
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A2M (ASX) Chart |
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