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
Based on this report, I believe A2MC will have a stellar result...
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Last
$7.15 |
Change
0.000(0.00%) |
Mkt cap ! $5.168B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 1560 | $7.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $6.80 | 1000 | 1 |
View Market Depth
| Last trade - 09.41am 06/06/2024 (20 minute delay) ? |
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Last
$7.21 |
Change
0.000 ( 0.75 %) |
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| Open | High | Low | Volume | ||
| $7.20 | $7.21 | $7.19 | 7687 | ||
| Last updated 10.02am 06/06/2024 ? | |||||
| A2M (ASX) Chart |
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