1, BAL and A2M are compititors when it comes to NZ/AU milk selling in China. Some may say they are selling slightly different milk products but an average customer will not notice that. Those stopping using BAL have quickly switched to A2M and other brands.
2, If a brand is finished in China, then it is finished, particularly in food consumption area. BAL recently has been suffering from a very bad reputation in China, which makes it too difficult (IMO impossible) to stand up again.
3, BAL managers were/are lying. Their problem is not caused by China's new regulations. BAL investors were angry && ASIC will investigate this issue.
4, A2M and other similar companies have also been in the same situation, i.e., have to follow the new regulations. However A2 performed well recently. Only two facts can explain this: 1) the new regulations is not a matter; and 2) the loss caused by this issue was compensated by success in other areas. Either is not a bad news for A2. We can even expect that with time going when the effect of new regulations vanishes, A2 can be even better in this respect.
Are you still confident in A2M holding?
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