ATM-A2 MILK

[winner (n)]

Global disruptions and local production not up to scratch = PROFIT DOWNGRADE

Not surprising

https://announcements.nzx.com/attachment/466323.pdf

[BlackPeter]

Global disruptions and local production not up to scratch = PROFIT DOWNGRADE

Not surprising

https://announcements.nzx.com/attachment/466323.pdf

Oh dear - revenues growing slower, earnings dropping, so called one-off costs but on the other hand - risks are rising. Isn't this what markets love?

[KW]

Global disruptions and local production not up to scratch = PROFIT DOWNGRADE

Not surprising

https://announcements.nzx.com/attachment/466323.pdf

Sounds to me like China is up to its old tricks.  Increase regulatory scrutiny, testing requirements, customs delays - all designed to put the brakes on imported product and redirect consumers to buy domestically produced product.  Especially since the number of Chinese babies is the lowest on record.  Got to absorb that Chinese made formula somehow. 

[BlackPeter]

Sounds to me like China is up to its old tricks.  Increase regulatory scrutiny, testing requirements, customs delays - all designed to put the brakes on imported product and redirect consumers to buy domestically produced product.  Especially since the number of Chinese babies is the lowest on record.  Got to absorb that Chinese made formula somehow.

I guess that's just the problem if you decide to make one of the superpowers your nost significant market. No reason to complain about a superpower doing what superpowers seem to be allowed to do. I guess - at least do the Chinese not bomb innocent people in foreign countries, as e.g. Trump and Putin love to.

Clearly - A2 is basically just living off one single market (well, ingood times) - without ever having properly understood the market and the risks. Sure - they put lots of effort into pointlessly maximising the CEO's salary instead of establishing a well managed company with sensible risk management. The point is not about the Chinese, it is just a dumb and incompetent board blindly stumbling from one risk to the next and adding some more issues themselves.

[Minimoke]

"The final step in the process for these registrations to be used as a2MC branded products is to apply for State Administration for Market Regulation (SAMR) approval which will be submitted in December 2025 with the review process expected to take approximately six months to complete."

So that lines up for June 2026. In the past 3 months A2's SP has dropped 44%. Are we seeing insiders at play!