Alternative milk company, a2 Milk (ASX:A2M), performed strongly during the quarter after posting an outstanding interim result, well ahead of both our and consensus analyst forecasts. The A2M share price also benefited from a perceived relaxation in the regulatory environment in the key Chinese market late in the quarter. Show More
I wrote a note on the Dairy sector, which included Australian Dairy Farms (AHF.ASX) and Camperdown Dairy (CDC), back in June (see note - http://us9.campaign-archive1.com/?u=aceefad676b0543fbfb98357e&id=06faf44abd&e= ). Since then AHF has under-performed, until today. Mention China and Dairy, and the stock has turned over 75m shares (only 156m on issue), and... Show More
We recently participated in the Australian Dairy Farms (AHF.ASX) placement. There is certainly a concerted push, by various different groups, to access parts and/or all of the dairy supply chain in Australia. The bid for A2 Milk by the US Giant Dean Foods, and the investments made by Gerry Harvey... Show More