yea, my bad :)
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Thanks Rawz, sorry I couldn't worded it better - I'm a parent myself, I understand some infants/babies cannot just change milk formulas with a snap of your finger. If that is true, why not just buy from a retail store - which means the revenue should equal out? At the end of the day a sale is a sale in A2's eyes, it doesn't matter if it's through the Daigou channel or retail channel.
Sorry if I came across as brash - just very frustrated at myself for jumping into this without doing my own DD and listen to my own gut.
I've learned that I would rather miss the train, than jump on the wrong train and be stuck - FOMO is one hell of a drug :D
Sales haven’t evened out because of pantry stocking. Sales were artificially high during the early stages of Covid, and people over bought the product (the same could be said that the share price should never have got to prior peaks based on this peak in demand). In many cases these have a shelf life of up to 2 years. Pantry de stocking could still be happening.
I personally know people in China who purchased sufficient A2 tins early last year that they still haven’t used up their supply. I’m not sure how common this is.
Dont be too harsh on yourself ...All here have made many mistakes ...some have the courage to admit ...many dont ...
I have learnt ...." Sell and regret is better then not sell and regret " Conversely " Dont buy and regret is better then Buy and regret " Works well if u have doubt trying to sell some stock or buy some stock .
I still think U can minimise your losses here by being patient now ...IMHO
I also have no worries cutting a loss. Did so on ATM late last and also SAN mid last year once i noticed the downtrend. Redeployed funds which are performing much better.
One thing I did early this year is change my trusty old excel spreadsheet so that the main page has all my holdings, current price, some ratios and portfolio weighting. It excludes the gain or loss. That way I am just looking at the investment as it stands in that point in time. I've found I have been able to buy and sell freely without any emotion doing this.
All share investment has some risk.
At the moment we are making risk assessments in a vacuum based on incomplete info until the next scheduled ATM update due 25 Feb.
Always best to make your decisions based on firm fact than in a vacuum where rumours and speculation abound.
JMHO.