A2M 1.06% $5.59 the a2 milk company limited

International Students Returning / Daigou Market, page-5

  1. 1,368 Posts.
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    Loving all this postivity and all that, considering my buy in average is sitting at $6.55 after a four year investment and currently 65K shares I am still deep in the doo doo.

    I wont be confident till I see a2 IF on all my local supermarket shelves, which I am not, and we have just hired someone no doubt on a good salary to look after sales in Australia....and I see some new products and territories.

    My opinion of management is much more guarded these days and I am yet to be impressed and hope that we dont see a repeat of the sitting on their hands as a third party was doing all the heavy lifting.

    I am also concerned that people think in a few years we may reach our previously high sales figures....word of warning we never did get to the bottom of a few execs leaving but remember that the sales were boosted / dare I say manipulated by a very poor inventory system and stock pile up from third parties we are only just unwinding from. Whilst I agree with the $100m write off in stock as a good accounting treatment, let me repeat..........$100m write off.

    GLTAH, stay strong, just continue to hold this pxxx poor Board accountable and fingers crossed we are blown away on the strategy day.
 
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$5.59
Change
-0.060(1.06%)
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$5.67 $5.68 $5.58 $14.79M 2.642M

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No. Vol. Price($)
2 38098 $5.59
 

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Price($) Vol. No.
$5.62 2000 1
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