A2M 0.58% $6.91 the a2 milk company limited

I find it odd that people have to put a disclaimer such as "I’m...

  1. 71 Posts.
    lightbulb Created with Sketch. 18
    I find it odd that people have to put a disclaimer such as "I’m not down ramping just giving you a different perspective."

    Nestle spent between 20-25% of their revenue on Marketing and admin expenses (source, Nestle's half yearly report: 10bn marketing over 45bn revenue), only to earn net profit of 10% of revenue (5bn over 45bn). On top of that, Nestle's net profit is declining, along with their market share.

    Where as A2M, only spent 10% of revenue, to earn net profit at 21%.

    So, who has the comparative advantage? @quickthinker, It doesn't much number crunch or research to tell that you are full of sh8t.

    https://www.dairyherd.com/article/chinas-lethal-milk-scandal-reverberates-decade-later

 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$6.91
Change
0.040(0.58%)
Mkt cap ! $4.995B
Open High Low Value Volume
$6.87 $6.94 $6.82 $13.46M 1.954M

Buyers (Bids)

No. Vol. Price($)
3 8562 $6.87
 

Sellers (Offers)

Price($) Vol. No.
$6.92 3312 2
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.