Edgware Insights Pty Ltd

Wayne Murray

Independent Insight Provider

Equity Bottom-Up

<p>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 growth dwarf 90% of the ASX200 over the next five and ten years. Allow us to provide some extra evidence. We believe it is basic but useful perspective to demonstrate that A2M has quite simply got more organic growth than almost any other $1b-plus ASX-listed company. It is still hidden but working hard behind the scenes.</p><p>(And it will put the ‘disappointing’ FY16 results in a totally different light – we admit we were guilty of chucking our toys out of the pram at first glance).</p>

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 growth dwarf 90% of the ASX200 over the next five and ten years. Allow us to provide some extra evidence. We believe it is basic but useful perspective to demonstrate that A2M has quite simply got more organic growth than almost any other $1b-plus ASX-listed company. It is still hidden but working hard behind the scenes.(And it will put the ‘disappointing’ FY16 results in a totally different light – we admit we were guilty of chucking our toys out of the pram at first glance).

A2M:ASX A Simple Metric to Support a High-Conviction Investment Decision

A2 Milk Co Ltd

A2M:ASX A Simple Metric to Support a High-Conviction Investment Decision