A2M 1.05% $5.65 the a2 milk company limited

Yes would indicate a steadying of the ship should occurr. The...

  1. 2,264 Posts.
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    Yes would indicate a steadying of the ship should occurr. The daigou channel has been the main concern for most as it also effects cbec channel as well, from the bubs qtr;
    "Daigou Channel is now only 15% down compared to prior year (versus 55% decline pcp in Q2 FY21),
    although there remains high volatility in the Channel"

    Whilst hard to compare due to the penetration of each brand it would appear the line about the Chinese moving away from foreign IF may not be ringing true either:
    “Our China business across both our infant nutrition and dairy portfolios is showing strong growth
    momentum, with export revenue generated from all branded English label product sales into China
    increasing 42% compared to prior corresponding period, and up 28% quarter-on-quarter"

    So overall positive looking for A2m if one feels the BUBs figures give some indication of what is occurring generally.
 
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