I think it's impossible to reduce Chinese labelled infant formula by 33%, a2m profit margin is about 39%. Chinese distributors also take some profit share.
first half year of 2019 will not be affected, but second half and onwards will be really challenging for all Australian infant formula companies.
Caution is to be exercised especially US is likely toc crash soon.
I think it's impossible to reduce Chinese labelled infant...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.83 |
Change
0.060(0.89%) |
Mkt cap ! $4.930B | |||
| Open | High | Low | Value | Volume |
| $6.84 | $6.86 | $6.80 | $1.768M | 259.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 53822 | $6.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.83 | 6614 | 9 |
View Market Depth
| Last trade - 12.18pm 12/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |