A2M 0.54% $5.53 the a2 milk company limited

A2 infant formula production at synlait increasing ~90% from...

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    A2 infant formula production at synlait increasing ~90% from fy17 (18800MT) to FY18 (30-35000MT) with increased capacity commencing around November, so just over half a year of the increased capacity.
    Therefore Fy19 will have a full year of increased capacity, according to my IF should be around 45000MT in fy19. If a2 remains at around 80% of synlait IF capacity then the increase in infant formula from Fy17 to Fy 19 should be around 250%.
    My calls showing fy19 revenue should therefore be around $950m and profit around $190m if you assume fairly constant revenue from non-infant formaula.. also excludes any additional revenue from U.K. And US.

    This is why I'm continuing to hold at even a $4bn market cap.
 
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