Holders need to keep forever mindful of the games being played by certain fund managers, games like downramping and saying the stock is overvalued whilst simultaneously loading up with shares, meanwhile the SP continues on it's upward trajectory.
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Holders need to keep forever mindful of the games being played by certain fund managers, games like downramping and saying the stock is overvalued whilst simultaneously loading up with shares, meanwhile the SP continues on it's upward trajectory.
a2 is influencing the stock exchange nz50 big time , one can now assume most fund managers have too have a large holding to mirror the index or else fall far behind the benchmark performance wise.
looking in the mirror what do you think will happen when a2 glory days are over? massive fund under performance ?
You are drawing a very long bow suggesting one stock's performance is entirely responsible for the whole's find's outperformance for the last five years.
This is only one of their many holdings and they have not always been overweight.
Some of your other recent bearish suggestions about impending doom for the market overall make a mockery of your user name.
Perhaps you should change you user name to gloomy bear ?
Apple is still doing all right with iPhones. We've gotta hope that ATM becomes the APPLE of the Milk Proteins world.
Disc. Not a holder, have been concerned about patent issues for a long time. See post 7169 and some around there for some discussion if interested.
World wide awareness of A2 milk has just started, the pie has just gotten bigger with Nestle and Fonterra jumping on board. ATM is a prime takeover target but hopefully not for quite a while yet.
Spooked a few - down 30c at the moment. Wait until the ASX wakes up.....