Like him or hate him, the perennial hater Sam Teeger agrees with you. From the AFR article:
https://www.copyright link/companies/manufacturing/a2-milk-chairman-defends-executive-team-s-short-term-incentive-payment-20211117-p599kv
Citi analyst Sam Teeger said given a2 deliberately constrained both English and China label sales in the first quarter of 2022, he does not believe the first half sales to be an accurate reflection of Chinese customer demand.“Healthier channel dynamics should set the business up for more sustainable growth from 2H22,” he said in a note to clients.
Todays A2M meeting., page-60
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