A2M 0.00% $5.77 the a2 milk company limited

Real news posted 2 hrs ago, page-70

  1. 7,788 Posts.
    lightbulb Created with Sketch. 189
    This is the problem, I also have tracked Tmall reported sales since 6th Jan this year. The numbers go up and down quite a bit and it is hard to make investment decisions based on them. There was a slowdown towards the end of April/first week of May. Companies adjusted offers with BAL for example introducing 3 & 6 tin deals, A2 did the same. The numbers have picked up over the last few weeks and are almost back to a more normal level. It seems consumers have adjusted to the new taxes, although come buyer comments complain about them.

    JD.com numbers and VIP.com numbers are not available to the public so hard to know what's beeing sold there.

    Daigou trade is also hard to read, there was stockpiling going on pre 8th April, was a quiet patch for a few weeks after and now looks like back to a more normal level, even with a few shipping companies stopping for a few weeks.

    I'd expect June to be really back to normal. There is no doubt sales forecasts would have been impacted, but hopefully company guidence was conservative and numbers will still be hit. The chance of a profit upgrade FY16 are slim now though.

    Good luck to all next week!!
 
watchlist Created with Sketch. Add A2M (ASX) to my watchlist
(20min delay)
Last
$5.77
Change
0.000(0.00%)
Mkt cap ! $4.177B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 118 $6.04
 

Sellers (Offers)

Price($) Vol. No.
$5.49 30 1
View Market Depth
Last trade - 09.51am 01/11/2024 (20 minute delay) ?
A2M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.