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$5.65 the a2 milk company limited

Strongly agree. A2 infant formula is not discretionary products....

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ricky_banker

9,706 Posts.

847

04/03/20

07:56

Post #: 43291857
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Originally posted by Womtrade: ↑

With Jan 20 and Feb 20 revenue above expectations and pretty much H1 20FY China label IF revenue recording the same amount of revenue as what was achieved during the full 19FY how much will the company increase supply to the market?

I think we can safely suspect that pretty much an increase of 40% - 50% of IF supply will be needed at a minimum.

Noting these two factors mentioned in the presentation:
- increase in COGS (lactoferrin); and
- 18,300 stores and achieved our highest market value share in the MBS channel during the period.

Markets may go down but this is going in the opposite direction. Instos and the broader market had the weekend to digest the information and now it will be go time IMO.

GLTAH and DYOR

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Strongly agree.
A2 infant formula is not discretionary products.
Therefore, Chinese mothers need it for their kids.
Boom

A2M Price at posting: $16.13 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $5.65		Change -0.060(1.05%)		Mkt cap ! $4.084B

Open	High	Low	Value	Volume
$5.69	$5.72	$5.62	$8.206M	1.451M

Buyers (Bids)

No.	Vol.	Price($)
1	59	$5.65

Sellers (Offers)

Price($)	Vol.	No.
$5.67	3039	1

View Market Depth

No.	Vol.	Price($)
1	59	5.650
1	2000	5.640
4	7019	5.630
13	25334	5.620
9	30369	5.610

Price($)	Vol.	No.
5.670	3039	1
5.680	18631	3
5.690	11379	4
5.700	24682	3
5.710	8631	1

Last trade - 16.10pm 29/08/2024 (20 minute delay)

A2M (ASX) Chart