Add back that write-down and it does not look so bad. All known facts ie loss of daigou. Still managed to retain market share. With a premium defensive product and NZ announcing "peak milk" the tide is turning right now. The worst thing that could happen is if a wise cashed up multinational to pick up this business on the cheap. I will certainly not be selling this Coca-Cola of milk unless there is a hostile takeover at more than double the current price. Even that would be a short sighted move as this company can recover its growth rate and then some
Add back that write-down and it does not look so bad. All known...
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