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9

12/08/16

20:00

Post #: 18508238
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Originally posted by usc75 ↑

Thanks. Above is Correct...

But if you read my comments, I used the word "dinosaurs". In terms of Infant Milk Formula ( IMF) and China market, where the value-added margins and profits are highest, here are the facts FYI:
* In 2015, China market = 33% of Global market for IMF.
* In 1st 6 months of 2016, China's imports of IMF increased by 25% in value
* IMF Imports into China = A$3.25 billion
* IMF Imports are expected to more than double within next 2-3 years
* Top 10 Players/Suppliers of IMF to China in terms of Market Share were:
- Nestle = 14.2%
- Mead-Johnson = 9.3%
- Danone Groupe = 8.1%
- Hangzhou Beingmate = 6.6%
- Inne Mongolia Yili = 5.8%
- Royal FieslandCampina = 5.5%
- Biostime Int. Holdings = 5%
- China Mengniu Dairy = 4.5%
- Abbott Laboratories = 4.2%
- American Dairy = 3.3%

* And where is Fonterra? Murray Goulburn?

Everyone of the 11 Candidates for the 4 Board vacancies, plus the existing "illustrious" Board members, 100% advocate value-added products!

Yet, Australia is so close to China MG Board and Management has so far failed dismally to gain a toehold in the highly lucrative value-added IMF markets.

I wonder why!

DYOR

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Can you please attribute the source of your information as a matter of courtesy.

MGC Price at posting: $1.19 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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