Thanks mate! I'm not sure if they'll abandon the standard infant formula for China. I hope we'll know more about the plan from the meeting.
I read a few blogs of moms discussing about Golden Koala IF, from 2013-2017, not a single bad review. Few common points, after switching to GK from other brands:
1. Babies' skin condition becomes much nicer, smoother
2. Significant weight gain
3. babies stop having disgesting problems like diarrhea.
4. Mums recommend their friends/family to buy GK IF too.
Also fresh milk market could be profitable imo, GK reduced transportation time from 1-2 weeks to 4 days. It takes only four days to transport fresh milk from an Australian farm to Chinese stores.
''A joint announcement made by GOLDEN KOALA GROUP PTY LTD, TATURA, JATENERGY LIMITED (ASX: JAT) AND NUTRITIONAL CHOICE AUSTRALIA about working together to build Golden Koala baby formula brand in early 2018.''
http://www.goldenkoalagroup.com/index.php?m=News&a=view&id=37
It's quite exciting to know that Tatura is working together with JAT&GK, Tatura is a subsidiary of Bega Cheese Limited. Bega is the largest Australian owned IF and cheese producer, it had over AU$1.2 billion revenue in 2017, twice of A2M's revenue.
https://s3-ap-southeast-2.amazonaws...49/AGM-Presentation-24-October-2017-Final.pdf
I can't help but notice Jat&GK always work with the largest companies?! Shengrun Group, Jingdong, Shanghai Dragon Cooperation, Bega...
Chinese don't like cheese at all LOL You barely see any cheese in Chinese stores, only in large supermarkets there are few brands in a tiny section next to the big section of milk & yogurt. Of course Bega (Tatura) would like a larger pie of the IF market in China if they can't sell any cheese there. It does make sense.
The future looks even better now !
have a great weekend, more good news are coming
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