Can someone ring the bell when we get to 7 Dollar 50 please ? ;)
may have some small change leftover from divies due to buy one or two more then .. ;)
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Can someone ring the bell when we get to 7 Dollar 50 please ? ;)
may have some small change leftover from divies due to buy one or two more then .. ;)
Thing is though, how much headwind is there for the company? While I generally agree with the above maxim, the fact is - this company is in trouble. My concern for some LTHs is blaming it all on insto manipulation (see HC). I've seen those games played numerous times with A2 - this strikes me as a little more dire than the usual hijinks from UBS and co.
I don't follow much of what's happening with A2 anymore, admittedly. But a brief skim of some threads I've spotted - lower birth rates, a Chinese competitor powering along and scooping up market share, crickets from the powers that be (as per usual) and of course, ongoing tensions between China and Australia. I'm not exactly brimming with confidence.
I was never comfortable with so many eggs in the China basket. Dunno what's happening State side, but I wouldn't be surprised if they wrap things up there as they did in the UK. It's a notoriously hard market to crack.
I held off and on over 2019 and early 2020. I kicked myself for jumping ship after the Covid crash - considered myself lucky I got out at break even. If you'd told me after A2 rocketed to a new ATH it'd be sitting at $8 AUD in less than a year, I'd have laughed you out of the room.
Don't EVER marry yourself to a stock / company and fall victim to one-eyed bias. But, if your read on the fundamentals is that this is going to rise from the ashes like a phoenix, then buy away (just be prepared to hold your breath underwater for a month or 12).
Just edited to add:
That says it all, really.
how much is ATM's vast cash pile right now ?
how could they be in trouble ? ;)
terrible result from synliat today , this part really interesting that a2 cannot work out there demand in the future things must be really bad and uncertain
from synliat
Ongoing uncertainty in The a2 Milk Company’s expected demand for the remainder of FY21 and FY22. Synlait does not currently have sufficient confidence to forecast when this recovery will occur. The resulting impact of this on Synlait’s business is two-fold: demand for consumer-packaged infant formula remains uncertain, which in turn impacts forward infant base powder production and asset use
Wise sounding words, however in practical terms absolutely useless. Problem is - you only know with the benefit of hindsight when this point of maximum risk happened ... and unfortunately - at times - it happens not to be the point of maximum opportunity, but the point to say goodbye - goodbye to the relevant share and goodbye to your invested money :t_down:;
But sure - everything will be fine in ATM land. Question is just, will they recover to an earnings CAGR of 15 - and be worth their current share price, will they return to a higher earnings CAGR (and increase in share price), or will they turn into a boring no growth company (as they currently are) and be worth half the share price people pay for it at current.
Obviously - there is still this option of margins being eaten by the competition, but better lets not think about that option, shall we :scared: ?
Synlaits baby formula production down significantly.
Do we know if MVM is producing much powder of A2. on a large scale, surely not yet?