Aldi's Presence Makes a Return to Duopoly-Like Margins Unlikely
The Australian grocery industry continues to evolve and everyday dry groceries are likely to become even more commoditised. Aldi re-established the...
3.6k Views
Financial Forensic - Part I
In this report, we identify financial forensics as an indispensable part of the short-seller's tool-kit. Specifically, we examine the role that a...
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A2M:ASX A Simple Metric to Support a High-Conviction Investment Decision
Edgware has said since December last year that A2M:ASX was a new type of blue chip company with organic earnings power that will see its earnings...
743 Views
A2M Guidance Confirms Infant Formula Regulatory Clouds Clearing in China
The modest A2M FY16 upgrade this morning to revenue of NZ$350-360m and operating EBITDA of NZ$52-54m remains light on new operating detail. While...
201 Views
A2M:ASX Retail Investors Offer Institutions Gift Entry Price
Edgware notes are generally too wordy. We will try being concise for once. The market is just plain wrong on A2M. (Not a claim to make...
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