Australia's largest stock trading and investment forum Australia's #1 stock forum

A2M

Click for more information

0.54%

$5.56 the a2 milk company limited

WOW!!!! Do you have proof of any of this.This is a bloody big...

First 14205 Last

Share
Profile

Follow
Tahora

1,045 Posts.

178

27/03/24

12:26

Post #: 73081607
Share

Originally posted by werdplaya58: ↑

With everything that has come to pass since then, and especially seeing similar developments with BUB later on, I've come to believe that Peter Nathan in particular did probably mislead everyone about the outlook in his area of responsibility (Asia Pacific region).

PN has since been cosying up to the same corporate daigou (Andy Zhang) even after the latter went on to wreck BUB in eerily similar circumstances. It suggests to me that they had mutually beneficial "understanding" which underpinned the failed strategy A2 had of "incentivising" daigou throughout all the downgrades.

I wouldn't be surprised if PN kept much of old management and board in the dark as well. I am sure that they genuinely did need a better inventory tracking system, and it's much better that they have one in place now. Transparency overall is better. Not least of all because I suspect he knew inventory wasn't moving but since it wasn't visible, there was plausible deniability.

To his credit Bortolussi is the one who came in and put an end to that strategy of incentivising daigou, wrote off the old stock, and ultimately showed PN where the door was.

Expand

WOW!!!!
Do you have proof of any of this.
This is a bloody big call

A2M Price at posting: $6.15 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

EBR

EBR Systems' heart pacing device on-target to reach the US market

SKS

SKS secures $20M for extension works on Melbourne data centre

BOE

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

There are more pages in this discussion • 512 more messages in this thread...

First 14205 Last

Add A2M (ASX) to my watchlist

(20min delay)
Last $5.56		Change 0.030(0.54%)		Mkt cap ! $3.989B

Open	High	Low	Value	Volume
$5.47	$5.60	$5.43	$5.931M	1.076M

Buyers (Bids)

No.	Vol.	Price($)
24	14550	$5.55

Sellers (Offers)

Price($)	Vol.	No.
$5.56	17475	19

View Market Depth

No.	Vol.	Price($)
28	21689	5.550
15	23812	5.540
9	38398	5.530
8	15033	5.520
7	16645	5.510

Price($)	Vol.	No.
5.560	7405	10
5.570	8621	12
5.580	29975	13
5.590	41248	10
5.600	111243	12

Last trade - 15.37pm 04/09/2024 (20 minute delay)

A2M (ASX) Chart