A2M - The A2 Milk Company

[notting]

With 60 positions you're probably just tracking the market. Sell up and buy STW.

Your really think I wouldn't have thought of that in kinder? So smug your false sense of superiority whilst offering a pathetically under performing alternative.
STW has been a waist of space for the last 2 years and generally moves slow and the only time it is better than what I do is when I'm on the wrong side.
I would have had slightly more respect for you if you had said the s&p but that's probably a stretch for your faculties to cope with, let alone investing capacity.

Don’t kid yourself your investing either.
Your money’s not working for you as it’s spread too thin.

This is old hat and common and sometimes a better way to play. Like I said before, I get it.
I'm across it!!!!!!
NO EDGE on - STW been a better play thing than the way I have played this sidewinder over the last two years. This way made me 36.07%. STW 7.60%. If you have done better than that then preach to me about Edge in a side winder!!!

Now that All Ords has broken out I may be more inclined to play closer to your rules(but probably not) given we have some catching up to do. STW is a trade as of 4 days ago and I'm on it!! Will look to increase it if it backs down and holds.

 

[tech/a]

Still shorting your brains out?

 

[notting]

No way! Stopped went again at 714 715 stopped at 7.19 almost no damage due to buy back on the way raising the holding average.
wasn't shorting my brains out but will!! when it turns on BAL and now probably this too!!
Shorting anything on a market break like this aint too smart as you well know!
Going well on the TPM and VOC after Telstra confirmed it is a basket case, trying to blame wifi and household wiring for slow nbn. Another way to make your customers want to kill you.

Still made money on the day

Ps I think you should change your picture back to scrooge he was more intimidating

 

[rb250660]

So no confirmation notes?

 

[notting]

You're irrelevant

 

[PinguPingu]

What a ride so far.

 

[rb250660]

You're irrelevant

I'll take that as the trades were never made.

 

[notting]

 

[Knobby22]

I sold half my shares for just under $7 on Friday. Nearly doubled my money but want to take a bet each way. I know, not a good trading plan but if it starts retracing I am relaxed.

 

[luutzu]

Is this going to be another Blackmores or what?

 

[Wysiwyg]

Is this going to be another Blackmores or what?

Only after the last short seller gives up and everyone is long. You know how much of a smart arse Mr. Market is.

 

[notting]

Going at it again, can't help myself!

 

[rb250660]

Going at it again, can't help myself!

Long or short?

 

[notting]

That's why you have to try to pick it rather than wait for it on these rare occasions.
They usually gap down and you miss 15 to 20% like that.

 

[PinguPingu]

Woo wee, what a shake-out. Liking the stopping volume so far.

 

[Joules MM1]

to be educated some watch the whole video or to get to the punchline goto 5.50

 

[Country Lad]

Interesting video Joules, now I would like to see a similar exercise done with goat's milk.

 

[notting]

Took profitis at 6.4 ish took a little long now looking to sell and short again. Starting on a Monday with a high is usually a little bullish which is why I didn't do it today.

 

[greggles]

The a2 Milk Company juggernaut continues to head north. A slight pullback today, but the 12 month chart cannot be denied. An outstanding performance!

 

[bigdog]

Looks like a great Half Year interim results FY 2018 REPORT

https://www.asx.com.au/asxpdf/20180221/pdf/43rrbkhkcsr82z.pdf

HIGHLIGHTS
Revenue, earnings and cash flow continue to grow strongly Half-year earnings exceed those for the 2017 full financial year

Overview for the half-year ended 31 December 2017 (NZ$)
• Total revenue of $434.7 million – an increase of 70% over the prior corresponding period (pcp)
• EBITDA1 of $143.0 million – 123% ahead of the pcp
• Net profit after tax of $98.5 million – 150% ahead of the pcp
• Basic earnings per share (EPS) of 13.6 cents, an increase of 147%
• Operating cash flow of $116.4 million and a cash balance of $240.2 million at the end of the period
• Continued strong growth in a2 Platinum® infant formula sales and market share in China and Australia
• Expansion in fresh milk distribution and sales in the United States
• Progress in new product development and expansion into emerging markets
• Admission to the S&P/ASX 100 and S&P/NZX 10 indices, effective December 2017

The Company made further substantial gains in revenue, earnings and cash flow in the first half of the 2018 financial year. Growth continued at a very strong rate in the infant formula business, and liquid milk sales were again higher in each of the Company’s core markets.

Sales of a2 Platinum® infant formula again grew substantially in Australia and China supported by an increase in market share in those regions. Key first half sales events in China have also contributed to a strong 1H18 result, particularly in November and December. a2 Platinum® sales revenue was $341.0 million, 78% of the Company’s total revenue for the half-year. Investment continued in building brand awareness and consumer engagement, expanding distribution for a2 Platinum® in multiple channels and adapting to new regulatory requirements in China.

Significant progress was achieved in the United States, with further growth in brand awareness, sales velocities and store numbers within the established footprint of California and the Southeast. The US business also further expanded geographically, culminating in the announcement in January 2018 that the a2 Milk™ brand would become available through major retailers across the Northeast region.

Fresh milk sales in the United Kingdom continued to build, driven by further improvement in sales velocities instore and gains in distribution.

Total Group marketing investment increased by $10.0 million over the pcp, due primarily to programmes supporting growth in the United States and China.

The Company’s cash position continued to increase along with growth in revenue and earnings. Net operating cash flow was $116.4 million, compared with $38.1 million in the pcp. Cash on hand at 31 December 2017 was $240.2 million, compared with $121.0 million at the end of June 2017. Working capital benefited from improved debtor days and timing of payments with suppliers. This has been partially offset by an increase in infant formula inventory of $25.2 million as the Company seeks to build progressively to more sustainable levels during the year.

This included an increase in China label inventory in response to regulatory changes from January 2018 and increasing demand.

There more to read in ASX link

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