The mind boggles when you think how much cash they are generating.
Printable View
The mind boggles when you think how much cash they are generating.
Thanks for your kinds words lf, very humbling. Even I couldn’t script it any better after investing nearly 5 yrs back into this beaut. Management has been been absolutely on top of their game starting with Geoff and now Jayne. And not mention other key people like Peter and Susan.
Awesome company with great products with superior management.
Should push past $18nzd very soon. Through $17 on ASX which is an important phycological point. Momentum very good on this one. Let it Run....
Much more is made from untaxed imputed rent and the capital gains from owner-occupied real estate. That is a whopping subsidy provided by those who earn taxable income but who do not own their own housing. Total ATM capital gains (and the NZ share market in general) are peanuts by comparison.
Lots of milky A2 goodness in this weeks Farmers Weekly. 3 articles to enjoy. :t_up:
Pages 5 and 21.
https://issuu.com/farmersweeklynz/do...-07_issuu/1?ff
Wonder if farmers read this and convert, or read it and go and buy shares??
60 more farms in the Waikato producing A2...…..
This run is scary about to break $18. If party if I didn’t have a nosebleed coming on!
One more cent you can do it!!!!!!!!!
And here we are $18 geez what a run. Kind of hope it doesn’t over exhaust itself before results!
It comes down to frequency of trading and the intention at the point of purchase. Best practice is to have two accounts one trading and one investment and good clean record of trades. That is what I have now. One I probably sell once a year if at all and the other account where I having a ball with.
If anything its shorters who will be exhausted not the Company. The recent increase in price is mostly due to shorts covering their position in a hurry before the results are due out next month.
A similar pattern would see sp cruise past $20 in the short term (not trying to ramp up) and when results are out there will be concerted effort from shorts again to push it down depending numbers and outlook.
Was at midpoint of my top valuation, sold out at $17.99.
Yes, it does seem right. You only pay tax if you sell as a trader and make a profit. If you keep long term, then it is like property. If I buy and sell property short term, then I pay tax on it, if it is long term, then no tax. 50% of my portfolio is long term. All my tax and provisional is paid up for this year, but will work on getting some back as a refund next time round;).
I've been trying not to respond as my rhetorical question is one about our tax system, our current government and the missed opportunity (IMO) to make our tax system fairer, not about ATM. On a personal basis I'm pleased they passed on this issue.
Well done all holders....I missed this completely...other than via Synlait which I no longer hold.
I am quite envious.
Hopefully we won't have another in depth convo on Tax here. I felt kinda bad since the last time I brought it up on this thread...
RTM... I ask an friend of mine why he loves playing golf, his reply was it helps him to deal with disappointments in life... Then I said to him playing the share market is giving me that skills too. :)
Being disappointed is just part of this game I think. BTW "The next outstanding stock is just around the corner as some have said it"
I am logged into ASB securities trading. It shows the share price, and next to that is the number showing whether it is up or down. But what is the meaning of the little * that comes after the up or down number:confused: ?
$18.02 - there she blows!
And on light volume today so the shorts are really starting to panic!
this is good news for all holders, wish I could read the full article:
https://www.nzherald.co.nz/business/...ectid=12254141
Results: Subjects who consumed A2 milk had significantly less severe gastrointestinal symptoms as measured by visual analog scales, reduced stool frequency, and improvements in stool consistency, compared with subjects consuming conventional milk. There were significant increases from baseline in serum interleukin-4, immunoglobulins G, E, and G1, and beta-casomorphin-7 coupled to lower glutathione levels, in subjects consuming conventional rather than A2 milk. Subtle Cognitive Impairment Test analysis showed significant improvements in test accuracy after consumption of A2 milk. There were no severe adverse events related to consumption of either milk product.
Conclusions: Replacing conventional milk with A2 milk reduced gastrointestinal symptoms associated with milk intolerance in Chinese preschool children, with corresponding improvements in aspects of cognitive performance.
Likely a rehash of the report that came out recently - Prof Keith's article on it, page 21 - https://issuu.com/farmersweeklynz/do...-07_issuu/1?ff
Thats a lot of movement... I guess with recent media coverage and release of the China 3 study....
But how much more traction could a2 milk have!
In NBR online today behind paywall...
Beauty of A2’s brand is in eye of the beholder....
Thank you trump and his completely unpredictable behavior. I sold out $17.99 on fundamental basis, (My top range fair value is 17.50-18.50 on aggressive growth stock multiples, $16.50-17.50 on forward multiples I'm comfy with but let is run as momentum was strong) See weed, I suggest you keep some powder dry, I would say it could go near or below 17. Market Sell off may continue in US tonight and we may have a down day Monday. I suspect there will be buying opportunities in the future.
if you want to follow in the "A" ticker category, ANO:ASX, could be all go if results stack up tonight.
This is captain see weed.Hope you had a good day. We are cruising at 1752 and slowly coming to the surface. All hands on deck. Up periscope, to see where we are:).
The stock is being surprisingly resilient with a big down day in the US last night and futures pointing to another red day tonight. Usually ATM gets punished in times like this but it looks like it might even close green in Aussie... Maybe someone knows something?
I also took some off the table and sold 20% of my holdings at around $18. I feel better emotionally as my holding were massive compared to the rest of my portfolio but I get the impression from the market this ain't done running yet. We've got results to look forward to in a few weeks plus an strategy forum being held in September when we'll likely find out whats in-store for the massive pile of cash. History also shows this stock usually runs further after the results and rarely results in a 'sell the news scenario'.
Time will soon tell but the old saying 'let your winners run' usually proves to be good advice, especially with this stock. In saying that there is never anything wrong with taking some profit.
Good luck holders :D
P.S - lets also not forgot about those shorts with still over 40M outstanding!
Yes, very resilient. It has strong support. Still might head back towards $17 if we are lucky.
Those pesky shorters are getting it their way. Oh well no burning for them today
Back in as my order got met. China just banned all agriculture imports from the USA. Trade war knock out punch. I'm not sure how the markets will react but it could get very turbulent. I may have bought back in too soon. The current cold snap might be more than just weather related.
I was looking for this as well, I did find this from a few hours ago
https://www.bloomberg.com/news/artic...ulture-imports
Here's the link, I got told second hand, it turns out it is any state owned company suspending agriculture purchases. Still very significant as generally large Chinese corporates are state owned. https://www.google.com/amp/s/www.blo...ulture-imports
WOW. Time to buy some more when Aussi opens.
Looks like overall market playing bumper cars this week; should be an interesting week to say the least, lots of jostling between China and the US.
While today's SP slump hurts holders, I can't help thinking that ATM is well positioned in the new world of trade wars. Time will tell.
In the meantime it's a good time for ATM shorters to make some money and close out prior to the results announcement. Traders will trade. Holders will hold.
http://www.financetwitter.com/2019/0...ed-states.html
Exactly.
In the new trade world order which will emerge from Trump's follies, we will see many winners - US as a country will not be one of them but ATM & NZ* will be.
* Provided there's a new government in 2020.
Keep calm & invest in quality. Interest rate reduction announcement (??) .... holders of cash will be looking to invest their hard earned somewhere other than term deposits.
I agree. This company has an amazing track record and it only seems to go from strength to strength. I think A2 management will cautiously look into what is happening, but I think the demand for A2 IF in China for the future is far greater than people think. We will find out in a couple of weeks, until then we will let the shorters play their game and the people who are panicking. I will continue to hold.
And the US & NZ are one big truth?
Example 1 - Hypocrisy oozing out of every pore of this Miss Know It All.
https://www.nzherald.co.nz/opinion/n...ectid=12256255
Example 2 - The right hand just bit the left hand & plenty of lies being used to cover up.
https://www.nzherald.co.nz/opinion/n...ectid=12256356
China is the singular reason why NZ was able to ride through the GFC & Christchurch earthquakes relatively smoothly and is the biggest market now for so many of NZ's products & services.
Why bite the hands that feed you?
Remember how the UK sided with France over the Rainbow Warrior terrorism incident? That's what 'friends are for?
Exactly like ATM - but for China, ATM would still be okay but forget about the multi-billion dollar valuation.
And we have a government here which currently bad-mouths China at every opportunity available until China sent a warning shot at the beginning of the year.
For the sake of NZ, let's get our exports diversified first before we dance to the American & Australian tune.
Example : China now takes 80% of NZ's log exports and I can tell you (directly from one of the biggest private owners of forestry in NZ) that the smart ones (NZ) in the forestry industry diversified years ago to provide log supplies from Russia & Scandinavia on the one hand, and supply logs to India, Korea & Vietnam on the other.
the price is starting to tank again from a high of $17.12 it's now $16.29,so the big question is shorters or a genuine reason?
Wow, just bought my 2nd lot today for 16.29. As soon as I bought the first lot at 16.53, they dropped 10c. Yippy yih yah, what a ride, and loving every dip:t_up:.
Just daily noise as no volume................
Stock being worked by Instos and shorters currently in the lead up to the result, same behaviour repeats like clockwork. PS-Let the panickers panic while you stay calm.
Welcome back Couta.
Agree, very much a time to "keep calm and carry on." Indeed, wake me up when the results are out.
A real education watching the manipulation going on the depth charts. I also note that Mitsubishi Investments are now major shareholders (at 7.5% )
Their strength in the share holders register is another positive for ATM.
To be clear, Mitsi got its shareholding by acquisition as opposed to buying on market. So no change in large shareholdings except in name. Agree though, the register is very robust. Remember these big insto's are fighting each other every day with their bot armies, so as a minnow it's best imo to just wait until one or other has beaten the SP to a pulp and then slip a buy order in. The volatility they create is a blessing for accumulators. Traders will also enjoy the swings.
thanks Baa baa for commentary; I was wondering around misti shareholding but it probably took me a lot longer than you to see this; I agree let the big boys fight it out and slip in when there’s an opportunity you see to grab a few more shares and enjoy the ride of a great company.
Not sure why NZX isn’t showing it but ATM results due 21st August, should be a cracker ... “in line with” previous growth. No subsequent change to guidance, so That’s 1.3+ … shareholders will be happy. ATM is a star performer, it’s not about you can’t have too many, it’s about do you have some!
And once again we wait on Australia. Another down day by the looks
I think you will find the big boys are shaking the tree and hopefully taking people's shares with them. Before the YTD totals come out this month
Bought some at 16.07, now expect it to drop 10c or 20c as usual:).
Yup - stock at $16 is still 43% higher than on 1 Jan 2019 and 95% higher than on 1 Jan 2018.
I suspect that some instos are simply lightening off heavily overweight positions in ATM after the spectacular runs the stock have had - prudent thing to do in the kind of market we are currently having!
Yes I am looking to pick some up,but once it goes under the $15.00(In Aus) currently $15.28 it could go for another 50c slide.