Finally , glad to see the board now totally changed, hopefully...

Finally , glad to see the board now totally changed, hopefully another A2 milk team member will join AHF board as new CEO soon , following Peter Nathan’s joining!

“Mr Peter Nathan is an experienced corporate executive with strong financial acumen and pioneer in the infant formula business. Peter is the former CEO of Asia Pacific for the a2 Milk Company (ASX:A2M) and was instrumental in a2’s success, leading its most profitable business segment and delivering exceptional shareholder value and growing revenue from $7m to $1.3bn over his 14 year tenure. ”

the fundamental of this company has been quite well, own excellent farmlands, own dairy cattle, long supplying history to VIC dairy food industry, however the previous management imple
mented very wrong strategies to pursue Infant formula concept at wrong time, although the company doesn’t have any food tech/ medical background! They just live in their dreams and shareholders paid the bills.

Finally they gone, AHF still has tangible asset circa $21m left including cash on hand circa $5m, a dairy farm worth $9m, 1300 dairy cows worth $2.5m newly built infant formula factory worth $4m. This equals 3.2c/per share which should be at least the fair value under new management!

As AHF also produces A2 organic milk, sincerely wish the new management will lead the company to expand the scale soon, their work experiences in the A2 milk company will definitely lead AHF to move in the right way, good luck!