Wonder what insight that Peter Nathan has seen within the company that made him buy 10,800 shares on NZX over past few days with his hard earned money??
Hmmm...very silly on his part 😜
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Wonder what insight that Peter Nathan has seen within the company that made him buy 10,800 shares on NZX over past few days with his hard earned money??
Hmmm...very silly on his part 😜
I'll be looking tomorrow. If the US markets get slammed overnight it might present an opening price that's hard to resist...
Just jumped back in @ 15.60. FUD pushing the price down more effectively than the big boys ever could.
resistant at $15.60
One gets the impression if this wasn't a dual listing we would still be $16.50+
For those who critized me before , you know the fall is inevitable but refused to acknowledge, we are all learning and still learning. I am sure I am speaking English lol .
In a tough day for some, A2M ended the day up 2% or up 31c on the ASX.
A2M ended A$16.04 = NZ$16.67....................... expecting 57c jump tomorrow morning
Just to sweeten DOW currently up over 1000 points
Some good news..... A2 to expand into Canada. Here's the link.
(Be interesting to see if this is the sort of 'investment' that A2 is currently investigating.... will it buy a stake?? Time will tell.)
Good that Jayne’s efforts / plans are still coming to fruition
http://nzx-prod-s7fsd7f98s.s3-websit...809/318616.pdf
The a2 Milk™ brand expands into the Canadian market under licenceThe a2 Milk
Company is pleased to announce it has entered into an exclusive licensing agreement with AgrifoodsCooperative (‘Agrifoods’) for the production, distribution, sale and marketing of a2 Milk™ branded liquid milk forthe Canadian market as was announced by Agrifoods overnight.
About Agrifoods CooperativeA leading provider of innovative premium quality dairy and food products and services, Agrifoods are recognisedas a successful, profitable and environmentally responsible cooperative headquartered in Canada. AgrifoodsCooperative has been in business for over a century and has grown to become one of Canada’s leadingcooperatives with over 2,700 members.Agrifoods’ family of brands – Organic Meadow, Rolling Meadow, Meadowfresh, Earth’s Own, Happy Planet andHappy Planet Creamery employ over 400 people and have become leaders in the health and wellness industry,producing a wide range of premium, on-trend, wholesome foods and beverages available from coast to coast.As a cooperative, Agrifoods is dedicated to building up and giving back to their communities through their sociallyand environmentally conscious commitments, by investing in their employees and mentoring the next generationof dairy farmers and community leaders. For more information visit www.agrifoods.ca.
I reckon the NZ Lemmings got a bit too Lemmingish on close compared to what their Aussue counterparts will do. Lol
A2 makes up 100% of my NZX holdings lol.
All things considered, it's held up particularly well.
Looks like the ASX waited for us to shut up shop before the smart money swooped in. Another stab at a pump and dump tomorrow?
I don't think we'll have to wait for this to blow over completely before the compressed spring let's go. Nothing but good news building up underneath the enormous weight of this mayhem. Once there's *some* light at the end of the tunnel eg. when infection rates start dropping off. For right now tho, the world's ending (yet again) so batten down the hatches.
still bit overvalued , pe still too high. people will be having less babies as they lose jobs i think , unless being confined to ones house means more time for love making
think your had one pint too many of your a2 , you dont even seem too understand whats happening in the world , calling people leemings who selling or who have sold and corona nothing worth wasting your time on are silly based statements. your continued bravado is probably masking the stress you are obviously under.
I can't believe A2 is holding very well even RYM is cheaper than A2 now.
A shining beacon of hope in this tumultuous time. As our locals yell for us to stand up "Etu" you can't help but think... A2 😂
Extraordinary day to finish in the green. Despite the schadenfreude (look that one up) running rampant through these threads, this company has benefited tremendously from the "stay at home" economy sweeping the globe. This too shall pass. My shares purchased in the 13s looked pretty sweet in the 15s a few hours later...
I actually think couta is sensible. This forum seems to be filled with people who actually have no idea about the coronovirus situation and form hypothesis based on broscience
And then the downrampers who liquidated their portfolios prior to this and want the stock market to crash because they have this secret wish they’ll get in before it rebounds
great trading day but i was surprised by the bounce not the fall at open
Wonderful!
:t_up::t_up::t_up:
13.9$ - 15$ DCA crew checking in
Wow, big auction at close on ASX to push the close to AU 15.71 and ATM closed at 15.30, who would’ve thought...
Yup ASX had a fantastic close, at least the Aussies see this a2 white swan for for it is. 10% market share in 2021 is on the cards imo.
If ATM were looking for a home for their money, they could probably take over an under-performing dairy plant based near Rakaia with a few issues.....but why would they want to do that!
The young ones these day think it’s cool to do use acronyms
Couldn’t work out why many raved about Alterity Therapeutics as a great investment until I realised what ATH really meant.
Probably won’t hear about ATH for a while now lol.
But I suppose it’s all about how language develops ...after all I’ve used sfa for years.
Huge divergence from the ASX Friday close price...and a near 10% lift in US markets on Friday. Am expecting a big lift leading into the ASX open. It's not all doom and gloom out there!
that rise on the asx close friday was fake news
Good call Jonu. Seems to be a different vibe with this share between the NZ and AUS markets right now. I usually have a good feel for trading this stock, but am feeling a little bewildered at the moment. Maybe Couta will come along and explain. Massive spike in OZ after a horrific start in NZ.
someone is trying to prop the price in asx via nz , probably someone caught out friday
Wow, low of $14.30 and trading at $15.16 - all in the first 22 minutes!
I haven't kept up on this or any other boards about ATM but over the weekend a friend told me that apparently they had to ask mothers in China not to stockpile formula and that their market share is closer to 10% now. I have no idea if there is any truth to it and I'm happy to delete this post if it's perceived as ramping but I did wonder why the SP has held up so well.
Talking about exchange rate...….sure A2 will have forward cover, but will be loving the tailwind as the NZD/USD rate closes in on 0.60. :p All exporters in the same boat.
The Quarterly Rebalance of all the major S&P/ASX indices - including the All Ords which is only rebalanced once a year - has been postponed due to extreme volatility.
A2M inclusion - I think so?..............imo
Thanks for posting Silu and not seen as ramping. FWIW I've heard similar reports. In addition this recent post by Keith Woodford provides an interesting perspective. Here's part of what he says.
"There is an irony in that while much of the world is heading into lockdown, it is China that looks like it will emerge back to at least a semi-normal situation. There is a further irony that most of China’s latest cases are from people who have recently returned from overseas.
My current expectation is that some of the most resilient industries in New Zealand will be those that export to China. For example, I suspect that China’s own production of milk will have been hampered and that this will take at least a year to come back to normal. Given that the Chinese Government has been telling the population there that milk is a good way to boost their immune systems, then demand for New Zealand milk powder may well increase as the coming months go by. That may be important as logistics to other parts of the world come under great strain."
It's very hard to trade in such a fear based environment. Unless you were alive in 1918 during the Spanish Flu (maybe a few members of National), we don't have a template for what's going to happen next. One definition of anxiety is a "future oriented fear." Lots of that going on. For most businesses, a substantial hit would be the norm. Companies like air and thl are gonna get slaughtered.
And yet, just a few companies fall into this weird niche that profits during a tragedy. Atm is one of those companies. The price movements are simply part of larger, fear based fluctuations. Long term holders have to see that.
Astute observation and comments thanks. Who would have thought ATM is a hedge against global financial markets collapsing but it has been, although because it's not collapsing as fast as most others. I thought selling at a bit above $15 was a mistake booking a 50% gain as the share price was so resilient, but maybe even the broader market is saying now that personal investment resilience is a matter of opinion or circumstance and we go lower until we see some light at the end of this tunnel. Can't see the light at the moment so not deploying a repercharge position just yet.
a2 is no longer 100% of my portfolio. Have been selling down bits and pieces for the last 4 weeks. Sold 2 small blocks this morning at $11,000 profit. Still have 9 small blocks in the $14.40 to 15.40s, but will keep them for now. Average price of all remaining holding is $5.924c. Might be in for some bargains this avo when Aus opens. I expect aus will fall to somewhere in the $13s so am ready to buy back in. I feel like a couta1 coming on:eek2::D.
If COVID 19 don't eventually got into my lungs... this violently ups and downs of the market eventually will pop my vain. :)
I tried to sell at the 4:30pm yesterday (directbroking) expecting to grab a dip today but the order didn't move past acknowledged. Argh! I haven't tried to place a trade that time of day before so don't know if delays are standard due to volume...
same pattern as usual buy the open then sell . long may it last lol
Have you guys seen the update from MFT. They have seen decline in air and and freight from other part of the world but China volumes are re-emerging as factories and ports return to
normal operations. How significant is this to A2 I have no idea but "China volumes are re-emerging as factories and ports return to
normal operations" sounded very good.
Be careful of the Couta effect... it could be contagious.
Back up to 70% of my portfolio (mainly due to my attempts at diversification into other shares being hammered!!) However, my 5yr running average % return is still miles above NZX or having the money on term deposit, so pretty happy.
Q. Are Aussies really smarter than us?
I find that as hard to believe as saying Trump is a genius, but NZ continually panics and sends ATM down $1 or more, and the Ockers come back in at lunchtime and start saving us. From down $1.11 this morning to up 15c now!
Bull must be just xxxxxxxxxx on himself!
When is half year result ?
Has anyone noticed a build up of biggish sellers on both sides of the Aussi depth chart? I am hoping for a dollar or two fall for a quick couta1 trade ;). 3 mins later, now a big build up of buyers. We want more sellers:eek2:.
Good read...
https://www.9news.com.au/national/co...8-d2731c85e280
Love this bit from the article..
Mr Nathan said demand for a2 Milk Company's infant formulas appeared to have peaked about a month ago when the coronavirus situation in China was at its worst.
"Demand is still strong but it's not as strong as what it was now the situation with China has improved," he said.
Dollar getting closer to parity with the AUD all the time.....will it actually get there....
It's an interesting dilemma with this stock, as the numbers indicate they are clearly benefiting from the situation in the world right now (for now). And yet, people are skeptical of anything to do with the sharemarket and the stock is of course part of other ETF's etc. Contrast that with a company like FPH that seems to be perceived as a safe haven given they work in the medical space and are potentially contributing to the treatment of this pandemic. I would argue that both companies are benefiting, but buyers seem more confident in FPH given it's medical as opposed to a food (even one as important as infant food).
I think quite opposite. Into's has been set SP up to sell to investors. It will melt eventually.
Getting sold down. Here I was thinking it might tread water up the top .... They'll be back in tomorrow lol.
Maybe on a day trading basis you are right, however for the longer term investors Cymongoer's observation has merit. Of course health is a priority (hence FPH's strength) however, reputable food/beverage providers are also a basic essential. ATM remains a hold for me.
First ATM post of the day.
Another up & day, but in the meantime I'm out. On the sidelines for the moment.
Trying to pick bottoms only leaves you with smelly fingers (*sorry one of my favourites!)
On a serious note, my call to sell out wasn't an ATM call - it was based on the overall situation, which will get worse before it gets better. While things like China having largely come out of the crisis (if you believe what they say and their figures) and also currency tailwinds.
Strongly believe that there will be opportunities to buy back in at lower levels. Down 6.9% on Friday close as I speak, but has been huge intraday swings of late.
i still stick to my view its overvalued on pe basis , esp in a contracting pe environment
ATM goes shopping https://www.nzx.com/announcements/350456
smart move, good to see.