By Belinda Moore
27 August 2021, 7:00 AM
FY21 was a tough year for The A2 Milk Company (ASX:A2M). Following four earnings downgrades, the result came in at the lower end of guidance.
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By Belinda Moore
10 May 2021, 2:30 PM
The actions The A2 Milk Company has been making to improve pricing, sales and inventory levels, have clearly not worked. They have now put in place more aggressive strategies.
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By Belinda Moore
21 April 2021, 6:00 PM
Channel checks suggest that trading isn’t materially improving for The A2 Milk Company and its FY21 guidance looks difficult to achieve.
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By Belinda Moore
14 March 2021, 11:15 AM
Coca-Cola Amail (CCL) had gotten the Independent Expert’s tick of approval. They have assessed the underlying value of CCL at between A$12.68-14.01 per share.
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By Belinda Moore
25 February 2021, 1:00 PM
The A2 Milk Company's (A2M) underlying 1H21 result was weak but was slightly ahead of guidance. Disappointingly, A2M has issued another material earnings downgrade.
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By Belinda Moore
21 December 2020, 9:00 AM
While uncertainty remains, The A2 Milk Company's (ASX:A2M) share price may remain subdued, however we
continue to believe the company is well placed over the medium to longer term
once channels normalise and maintain an Add rating with an updated price target.
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By Belinda Moore
19 November 2020, 9:50 AM
A2M has maintained guidance at its AGM. While highly qualified and requiring a
material 2H21 improvement, commentary on initial signs of a recovery in corporate
daigou demand and improving daigou channel inventory are encouraging.
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By
20 August 2020, 5:11 PM
A solid result in challenging conditions. We maintain a HOLD with a revised price target.
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By Belinda Moore
20 August 2020, 2:52 PM
While A2M reported a very strong result, it fell slightly short of high expectations
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By Alex Lu
20 August 2020, 8:52 AM
Coles Group's (ASX:COL) FY20 result (pre-AASB16) overall was slightly above our expectations. Supermarkets EBIT rose 11% (+2% vs Morgans), Liquor EBIT was flat (+5% vs Morgans) and Express EBIT fell to -A$16m (Morgans -A$22m).
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