(Being Lazy)
When do we find out how much we got allocated? And when do we see refund of the balance?
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(Being Lazy)
When do we find out how much we got allocated? And when do we see refund of the balance?
I'm hoping will find out tomorrow or next day and hopefully refunds by Mon/Tue?
I have been kicking myself for selling down my shareholding (please don't rub it in). Not quite prepared to buy back at this price ;) but at least I will get some in that latest offer. So far no news on how much it was oversubscribed
Got allocated a paltry 1687 shares for full participation of $15K, checked online thro' link market investor login.
Be weary here, the charts look very close to a pump and dump IMO. The question is are we at the 1st, 2nd or 3rd massive rise...
More than I thought too.
Average application around 10,500 shares out of a possible 22000 odd shares.
Those that went for full $15k worth picked up 1687 shares. Compared with $1.07 today then a gain of 39c per share or $658.00. Not a bad return for outlaying $15k for a week or so. Still its a 4.38% net return and assuming a week opportunity cost, an annualized return of 228.10%. Bit better than $15k in the bank for a week I reckon.
I am not surprised that not all shareholders applied for the full $15,000. Big increase in share price and good news came out after the beginning of the SPP for small investors. For many smaller shareholders scraping up $15,000 at relatively short notice would have been difficult.
SPP= TWOT=Total Waste Of Time, if we are only getting 1687. It is worse than GNE float. You would of been better buying 20,000 @ 75c on 3/11/15 and selling at $1.20 after the AGM and all that pumping talk 3 days before close of SPP, and gaining $9,000. Never had any luck with SPP's eg....SNK,GNE and now ATM. They don't care about us small shareholders . They just look after the big boys.
Hmmm...I know its disappointing from scaling point of view, but I'm happy to take whatever is on offer especially at such a low price compared to current sp.
Have rung Link market services re refund and they said it'll be processed overnight or tomorrow (if paid online) or else by cheque.
https://keithwoodford.wordpress.com/...ers/#more-1392.
The latest from Prof Woodward.
Refund is in the bank a/c
A2M 2nd most discussed stock across the tasman today
SMH - A2M one of the top stocks to watch in 2016
Way too much money in my bank account right now. Better do something with it before it gets itchy and wants to be spent :)
Sold half of my holding yesterday at $1.15 to lock in the profits. Looking to buy some back sub $1 or quietly sob into my coffee should this turn out to be the 52week low.
Shareholders Association agrees with us see weed. Have come out swinging against it and say they warned ATM about this inevitable outcome.
John Hawkins:
“We discussed this whole thing with the company at the beginning. They knew our feelings about it and that we felt it was a problem waiting to happen.”
I went for the minimum as didn't have any spare cash in the meantime, and thought would be scaled to hell. In hindsight, should have found the $15k.
From the refund worked out I got 112 shares...............;)
Thats right, just a big TWOT:mad ;:.
HAs anyone NOT recieved their SPP cash back?? I sure havent...
I have not received mine yet either. I chose direct credit and they took the funds from my account via direct debit. Have just read the investment statement and they say refunds will be processed within 5 working days from allotment date, which I think gives them until Wednesday. A little peeved others have received the refund though. I went for the full 15K knowing I would be scaled, but would like the cash back so it can be deployed.
No cheque in the mail here yet.When it arrives will have to wait another 5 days to clear. But the big question is, who gets to pocket the $62,000 interest made on the $36,000,000 excess @ 3% for 3 weeks? A2 should put on a $62,000 Christmas party for the SPPers:)
Paid mine by direct credit, so had my account and got back straight away. With my recent dealings with NZ Post, they've probably been issued and out their somewhere.....
Well whaddya know? Here's something a bit more important than whether we've got our deposit refunds. Pardon me if I take a few moments to explain in some detail.
It's been annoounced that the government is actually pumping some money into human clinical trials researching whether the claims of digestive benefits made for A2 milk are scientifically valid.
AgResearch and The a2 Milk Company are to collaborate in trials to test whether consumption of the A2 beta casein protein averts the intestinal inflammation that is thought to be associated with the A1 casein.
A2MC chief executive Geoff Babidge and AgResearch project leader Dr Matthew Barnett say the trials should help boost exports to Asia where there is a high incidence of perceived dairy intolerance.
And Mr Babidge says government support for research into the advantages of a2 Milk is extremely important as “there is a vast number of people, particularly in Asian countries, who are missing out on the health benefits of dairy because of a perceived intolerance."
But the research also has much other even more important implications, as we’ll see in a minute.
The million-dollar project is one of seven announced by the government-funded scientific body High Value Nutrition to research projects developing the “next generation” of foods targeting the Asian market. The projects involve science and industry collaborations over three years, following a contestable funding round.
HVN research director Professor David Cameron-Smith said the aim is to make New Zealand “the Silicon Valley” for healthy food, selling to a small select percentage of the Asian population who want to buy food and beverages with validated health benefits.
It’s great to see government funding aimed at testing A2’s health claims, of course.
It’s now more than a decade since leading NZ scientist Boyd Swinburn, in a report commissioned by the NZ Food Safety Authority, advised the government that it should promote research into the merits of A2 and the potential hazards of A1 milk.
He found that already at that time there was sufficient worldwide research indicating health risks in A1 to warrant the government encouraging research into the issue, and to justify dairy farmers looking at switching their herds to A2.
But skulduggery by the Food Safety Authority resulted in these findings by Professor Swinburn being effectively buried, concealed from public and media attention. Why? Well, one reason could be that a major part of the FSA’s mandate was to certify to overseas customers that the milk products exported by Fonterra (which contained A1) were safe for consumption.
One can only speculate. But until now, neither the government nor Fonterra nor NZ universities and research institutions have shown any inclination to research the A1/A2 issue, which of course could raise interesting questions about the safety not only of Fonterra’s exports but of the dairy products marketed all round the world by other dairy producers.
Governments and health authorities are understandably scared that if questions are raised about the safety of drinking cows milk, especially by infants, this could lead to major human nutritional problems worldwide – and major economic problems for the dairy industry and countries that depend on it.
Although the award of funding for AgResearch participation in a human clinical trial of A1 versus A2 is very welcome, it should be noted that the project is not intended to touch directly upon the issue of food safety. It will look into whether milk containing the A1 protein causes digestive discomfort to some consumers, not whether it can contribute to the causation of larger medical problems.
However, the announcement does actually talk of A1 causing “intestinal inflammation” and associated symptoms. And intestinal inflammation can be a contributing factor in some very nasty medical conditions, so this is potentially linking A1 at least indirectly with disease causation.
For example, an article published in the refereed scientific journal Gastroenterology in 2011 under the heading “Intestinal Inflammation and Cancer” stated that research results provided “compelling support for the role of inflammation in colon carcinogenesis”.
That doesn’t mean you’ll automatically get colon cancer if you drink A1 milk, but it does show that scientific research is starting to point to specific connections between the A1 milk gene and big human diseases – not only cancer but also heart disease, diabetes and the autistic spectrum
The a2 Milk Company isn’t raising such scary scenarios publicly just yet, for good political, legal and commercial reasons, but they will start being noted in the media as time goes by.
An earlier collaborative study by AgResearch and a2MC, involving laboratory rats, found that food took longer to pass through the stomach and intestines of those consuming A1 than of those fed A2. This was described in a peer-reviewed scientific journal last year as consistent with the observation of digestive discomfort experienced by human consumers of A1.
Fonterra’s chief scientific officer Jeremy Hill was quoted by the NZ Herald at that time as saying this finding needed to be validated in human trials. That’s what is now about to be put to the test.
Hmmmmm interesting. Here's hoping Ag Research is not full of Fonterra sympathisers or worse....
Fonterra are enormously powerful in NZ and it wouldn't surprise me if they provided Govt pressure for this study an that it provides a negative result. Nothing would surprise me when Fonterra and this Government are involved.
IMO this is not necessarily good news. But of course the media will spin it that way.
Yes I do think we are capable of this in New Zealand.
And here's a YouTube video clip in which AgResearch's project director says clearly that "we believe" the clinical trials will verify that A1 and A2 milk produce different results in human digestion and that "intestinal inflammation" will be identified as a problem. If this is indeed the outcome, the medical implications could be very important (see last half-dozen paragraphs of post 4920 on this thread).It will prove that there are medical risks to consuming non-A2 cows milk. The AgResearch project leader seems pretty enthusiastic to get on with it - what he calls some "pretty funky" research.
https://www.youtube.com/watch?v=LjDN...ature=youtu.be
Looks like the shines coming off. The dusts starting to settle. Everyone has had their full for now. SP starting to drift sideways and down bit by bit. Good for late comers, $1.05 by Christmas anyone or maybe $1. I'll be in like a rat up a drain pipe if it goes lower than that. :D. PS still waiting for fricken refund cheque:t_down:.
Volume is certainly down, indicating the party may be taking a break for now. It got a bit crazy for a couple of weeks, with upwards of ten million shares changing hands every day. The market in general has certainly had a rough day today, not a big deal for the long-termers though. Are you still handing out flyers in the supermarkets see weed?
It looks like the A2 branding issue in Australia, a2MC’s biggest market, is likely to intensify following the action of one of its main rivals in launching a challenge that a2MC may be forced to respond to vigorously.
Dairy Farmers has launched a new suite of milk products branded "A2 Protein" which gives the impression their milk is the "original milk" (which it is not), and that it is “A2 Protein", (which it is not, although it does contain some).
http://www.dairyfarmers.com.au/dairy...93-a2-protein/
Supporters of a2MC in Australia are already crying foul and urging consumers and investors to file protests with various authorities about dishonest labelling. It may also be a breach of a2MC’s trademark rights.
As one commenter on an Australian investment website has noted, a2MC has to some extent left the way open for this kind of marketing skulduggery by trying to avoid an outright confrontation with mainstream dairy, but might now have to take its gloves off.
Up till now it has mainly promoted A2 milk on the basis that it is good for you, but this skates around the more important fact – and the hub of the A1/A2 dispute – that A1 is actually BAD for you – it causes digestive problems to many consumers and is now being linked irrefutably with some major medical conditions.
Whether or not a2MC feels forced to challenge Dairy Farmers through legal and bureaucratic channels for misleading advertising, false labelling and/or violation of its IP, Dairy Farmers’ action will certainly raise to a new level the public and media debate over the difference between a2 Milk and its rivals.
The likelihood is that this will ultimately damage mainstream dairy and benefit a2MC. The more explanation the public receives about the basic facts of the A1/A2 issue the better. But meanwhile we could see a new level of hostility between entrenched dairy interests (including Dairy Australia and Fonterra) and a2MC, which may not be pretty.
I know I have said this before and NT001 has answered before too, BUT for the life of me i cannot see why Fonterra do not take A2 out and have this company as the growth initiative for getting at least some fresh dairy products into the rest of the world markets,YES there are issues as NT001 has pointed out before,but you simply cannot ignore what A2 are achieving.
Fonterra maybe need to back down on their stance on A2 milk and buy the company.
In some ways I think the case for doing this must increasingly have its attractions, although it would be like swallowing a dead rat and deeply humiliating, not to mention the financial cost. Fonterra is hard up cash-wise, and a2MC now has a market cap that no one would have dreamed of until very recently. Analysts are already questioning its acquisition and investment policy. And the questions about what to do with its new acquisition would still remain extremely difficult. Moreover, Fonterra has just re-elected its previous board, so it's not as if there was a new bunch of directors mandated to bring about change. Still hard to see it happening, IMO.
It will be interesting to see any details that emerge of Fonterra's breeding programme for its big new dairy farms in China. That could be very informative. If the cows are preferentially bred A2-A2, that could indicate an impending shift in Fonterra's stance, even if unannounced.
The image below is from Synlait's AGM (available here). Looks like a2 Milk is going to have much more supply for their infant formula?
http://i.imgur.com/hFVvzI3.gif
Note that Synlait is now also providing milk powder to a new player “Grass Fed” but I guess it's safe to say that most of the FY16 volume above will be dedicated to a2?
This is a great read by Nanogirl in this article. She explains what A2 milk is and why it's becoming increasing more evident that A2 a healthier product. I am happy share holder.
Sad to read you have left Sharetrader because of yhe environment created by the actions of STMOD
http://www.sharetrader.co.nz/showthr...rted-by-STMOD)
So this is your last post here.
I'll miss you and I am sure many others will as well.
Take care
What no more KW ? that's insane. Posts have been awesome , and have helped many grow in knowledge. If there is a way around this .......
you have helped me heaps esp with your "When to buy and Sell" thread. Have a great Christmas KW
Interesting Article
http://www.smh.com.au/business/half-...14-glnmd2.html
Of particular interest this paragraph:
Fairfax Media has obtained the past three years of supermarket scan data from IRI Aztec, which collates point-of-sale information from Coles, Woolworths and Metcash supermarkets.
That data shows sales have surged by $200 million since 2012, providing a windfall for supermarkets and suppliers.
The data showed a2 Platinum, which is doubling its production, has surged past Bellamy's to be the No. 1 premium brand of infant formula sold in Australia, and No. 2 in overall sales behind Danone's Nutricia.
Only a month after the upgrade in forecast for platinum...another one comes along https://www.nzx.com/companies/ATM/announcements/275355 Like waiting for buses, they all come together.
Amazing, I wouldn't be surprised if this changed come Feb. Early xmas present, wait for the ASX to open and this thing might meet new highs today!
Taken from the Hotcopper thread:
Comsec and Recognia put a buy on A2M last night
CommSec Technical Report
The a2 Milk Co Ltd forms bullish "Symmetrical Continuation Triangle" chart patternDec 17, 2015
Recognia has detected a "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on The a2 Milk Co Ltd (A2M:ASX). This bullish signal indicates that the stock price may rise from the close of 1.03 to the range of 1.22 - 1.26. The pattern formed over 17 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.
Tells Me: The price has broken upward out of a consolidation period, suggesting a continuation of the prior uptrend. A Symmetrical Continuation Triangle (Bullish) shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks out above the upper trendline with a noticeable increase in volume, confirming the pattern as a continuation of the prior uptrend.
Attachment 7764
KW gone?
Oh deary deary me!
Her choice to go and do other things.I too have appreciated her wisdom sharing and strong opinions and debates.. I think her threads of wisdom are still here last i looked.
I can pass on any messages.PM me.
What a wonderful start to the day ,G E R O N I MOOOOOOOOOOOOOOO:t_up:
You don't need such "trend lines" when plain gut-o-meter :pwill tell you.
My greedy self put more than a third of what I've gotten since early this year to be sold for $1.25 on the last week of last month. It sat there with a notice from ASB yesterday that it will be expiring soon. And BOOM it just got sold this morning and thanking ASB for giving it up instead for $1.35. Milk sure sells a lot this day :t_up:
New Zealand's newest NZ$1b company.....
I had an average of 1.16, then it dropped and I sold at 1.05, after the Fed confirmation I went back in but annoyingly at 1.10. But now not such a silly idea!
However, be interested to hear thoughts on the current pricing?
Seeweed, well done! You and a few others have stuck through a very long period of patience and well rewarded.
Yes a long but interesting wait... I had never bought any shares in any company until this one, in at .12c now at an average at .36c. Very happy and like I try to teach my kids, all good things come to those who wait. Thanks a2 we knew you could do it. Merry Christmas everyone.
Wowwestcoaster ATM your first stock awesome! Yes the "sitting" on a stock you believe in the way to go. Im slowly getting better at this.
A2M on the Asx up as high as $1.40 ,currently A$1.29 up 25.5% 7.35 million shares thru.
Not selling unless there is a takeover if I can help it..
The only things that worry me about this company is being a target for malicious scandal.. I hope they are diligent in the appointment of every staff member and of course the dodgy research funded by fonterrors mates. Am I worried for nothing?
Congrats west coaster.
Macs DCF looking about right Winner. You might need to revisit PEB and CRP soon.
Well done Mac, Seeweed etc al
Did anyone notice the share price starting to rise two days before todays announcement?, after 2 or 3 weeks of slowly drifting down. Now all we have to do is wait for the dust to settle, then jump in again. How low will it go over the Christmas holidays and into the new year $1.20? $1.25? or maybe back to $1.05....$1.10?
On the move again, in Aust they ( punters ) are picking $2 b4 the interim ann, big call but there is momentium building now on 12 million shares traded already today.
Check out the aussie sentiment with Bellamy's over there. With mining/energy stocks down in recent times they are looking for the next big thing and currently dairy is it. With most of their milk powder bought and shipped to China, I can see why they are excited (over excited?) about the oppourtunity. ATM's proposition is far more compelling than Bellamy's, ability to ramp up supply and already with their toes in multiple markets mean that ATM should be a greater value proposition.
$2 by Christmas is a distinct possibility at this rate. As I have been holding for over 1.5 years now and recognised the oppourtunity early on, its good to see it finally being valued by others.
As a point of interest, if you ever want to see the interplay between markets for a dual listed stock, this is a good one to watch at the moment :-)
Shaping up to be a VERY VERY Merry Christmas - congrats to all holders / believers! I was thinking this morning that traders must be making a squillion out of this stock at present - but it seems those holding on longer term will be coming out on top :t_up:
FNP.ASX (Australia SX)
SP down about 5% in last 12mths
SSH re: ATM https://www.nzx.com/companies/ATM/announcements/273596
Freedom sold tranche for 73c per share https://www.nzx.com/companies/ATM/announcements/272112
ATM has even overtaken the great Moose on stocktastic. In4abuck now in the lead. What a horse race. What is the last day of Com?
Last day the mkts are open i assume. Go for it in4abuck Woohoo!! Arrriiiibbbaaa ARIBA for that bottle yours truly has for da winner:t_up:
Yep last lot @ AUD .85 and said "recent significant share price appreciation in a2MC has led the Group to form the view that theopportunity cost arising from the market value of the funds now employed in the holding would nowbe better utilised by being applied to activities and businesses in respect of which the Group haseither 100% ownership or significant ownership and control interests. "
Must have had something decent to apply the funds to , as that's certainly some opportunity cost !!!!!
http://stocknessmonster.com/news-ite...E=ASX&N=892133
Was at the dentist in Dunnos yesterday, and not sure what radio station was listening to while having my teeth polished, and there was an ad on the radio for Synlait milk, looking for A2 suppliers, or at least farmers looking to change to convert - due to unprecedented demand.
Congrats holders! :t_up: (me after getting teeth polished and seeing the share price this morning)
One of the most exciting stocks to watch at the moment. Dual listed and loads of interest in Oz so best to have a look at HOtcopper to get a better idea of what is going on.
Disc, Bought at 1.17 and 1.60, LT hold with a couple of little sideline profit takes hopefully.
Cheers,
MPC
Anybody brave enough to pick where this is going to stop in the near term?
Funny you mention that. As I was leaving the a2 meeting, going down the lift from the 27th floor, was talking to a couple of the earlier shareholders who got their shares for about 10c or so. The figure of $2 was mentioned by the end of next year. Looks like....Are we their yet.... yes a year early:t_up:
Must say as a holder that it's getting far too frothy... $1.4 billion company at forward looking PE of over 45...
Sure there is great potential but let's not lose our heads...