ATM-A2 MILK

[Minimoke]

Best but Mini is the bit about what they doing in China which David can't share with us today.

This sounds promising
"entry into China based manufacturing in partnership with Shanghai Howell Nutrition Dairy Co., Ltd for
a new fortified seniors nutrition range of three products using a2 Milk® powder produced at MVM;"

Sounds like a great mitigation strategy to counter lower marriage rates.

[Waltzing]

Wait till XI invades TW and with trump now best buddies with Putin all bets are off...

this stock is now a massive risk..

[Minimoke]

Wait till XI invades TW and with trump now best buddies with Putin all bets are off...

this stock is now a massive risk..

Well, the market seems to like it. up over 10% on open

[Sideshow Bob]

Beat the analysts expectations and market likes it.

Up 11% on open in NZ.

[Buzz]

Well, the market seems to like it. up over 10% on open

a very good H1 result imo, up on almost all metrics, a $Billion cash in bank, maiden dividend announced, H2 guidance upgrade. NZX ATM SP opens +10.9%

[Minimoke]

a very good H1 result imo, up on almost all metrics, a $Billion cash in bank, maiden dividend announced, H2 guidance upgrade. NZX ATM SP opens +10.9%

And only $61.5m going to the dividend

[Dolcile]

Can someone enlighten me as to why ATM holds so much cash ?

[Minimoke]

Can someone enlighten me as to why ATM holds so much cash ?

Directors hold the view they know better than shareholders on what to do with shareholder money.

They have been promising mergers and acquisitions for years. But all they managed to do was chuck a bit of cash at Synlait and Mataura.

So the cash just keeps building up. Until they recently advised the market they are useless at M&A and its time to give some of the cash back to shareholders.

[Minimoke]

Good to see A2 finally getting some capital gain on it re-investment in Synlait.

[Waltzing]

with all the risk out there in the world they might need it to diversify one day....

nothing like a big moot when your fighting in a big riskie world...

lets hope at the mid terms the houses changes and there is protest in the streets and they start singing protest songs ...

now this may not seem like much for this stock but anything that keeps the world in balance helps NZ exporters...

last NZ needs is more world risk....

export , export, export... and pray...to the gods of agriculture... now which greek god was that?

https://en.wikipedia.org/wiki/Demeter

[winner (n)]

Good to see A2 finally getting some capital gain on it re-investment in Synlait.

SML at 90 cents — only $214m to go to break even.

Average cost $2.69

But it was a strategic investment eh

[Greekwatchdog]

with all the risk out there in the world they might need it to diversify one day....

nothing like a big moot when your fighting in a big riskie world...

lets hope at the mid terms the houses changes and there is protest in the streets and they start singing protest songs ...

now this may not seem like much for this stock but anything that keeps the world in balance helps NZ exporters...

last NZ needs is more world risk....

export , export, export... and pray...to the gods of agriculture... now which greek god was that?

https://en.wikipedia.org/wiki/Demeter

Demeter.

[Minimoke]

SML at 90 cents — only $214m to go to break even.

Average cost $2.69

But it was a strategic investment eh

I did say re investment, not all investments.

[winner (n)]

I did say re investment, not all investments.

Up $36m on thev'reinvestment'

So now only down $250m on original investments

[Minimoke]

Up $36m on thev'reinvestment'

So now only down $250m on original investments

Thankyou Mr Gloom Merchant for pointing that out.