A get together to polish off a bottle of Canterbury Cream mixed with A2 sounds just the ticket,
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So lets look at the 3 year chart. We had an up trend for 14 Months...Jan17 to Mar18. Then a shocker down trend for 7 months...April18 to Nov 18. Then the start of next uptrend for 10 months...Nov18 to Aug19. Then a quick sharp down trend for 3 months...Sept 19 to Nov 19. So here we are one month into the next up trend? The average up trend in the last 2 years is about 7 months for ATM. I do notice and don't worry too much when sp gets pushed down for what ever reason. There seems to be a continuous stream of buyers coming back in to push it up again. Some of them including myself have sold and then bought back in knowing it will just keep going up for now. Must be hard to keep a good company down when revenue growth is $300,000,000 and plus? per year, 400 or 500 million bucks in the bank and no dept?:t_up::D:t_up:
A2 ACHIEVED TOP 1 IN NZX20 .
https://www.stuff.co.nz/business/117950884/what-should-you-have-put-your-money-in-10-years-ago
But if you wanted to get the best return for your money over the past 10 years, it turns out that you probably couldn't have done a lot better than investing in A2 Milk.
Mark Lister, of Craigs Investment Partners, said A2 "took the cake" on a decade of great returns for stocks in general. "A $100 investment in A2 back then would today be worth a spectacular $18,082."
A2 was followed by Mainfreight. Its shares started the decade at $5.55 and ended it at $41.70.
But Lister said the New Zealand sharemarket in general had performed well - it delivered a return of 250.3 per cent over the past 10 years, or 13.5 per cent a year.
Well, you better put some PEB shares in your portfolio now then to catch the next potential 10,000% gainer.
Why?
Because ATM was given as much chance 10 years ago as PEB is given today to become a successful story.
Putting things in perspective! :eek2:
Such are the ways that fortunes are made and lost!
https://www.shortman.com.au/stock?q=A2M
65m shares shorted - 7m more than when ASM sent a rocket under the stock.
What are these shorters missing or are we missing something?????
LOL Balance..... never thought I would hear you recommend PEB!
One of the current small caps may well be the next ATM and my recommendation is to keep an open mind and keep an eye open for the change in their trends. You have picked SKO (as I have) and I've also picked PLX (which you detest) and then there is PEB which I would not pick....yet. Which will be the next ATM? who knows but it is fun looking.
Good on you Winner! ATM is not likely to repeat its past success, but the key IMHO is that it will continue to out perform the NZX50 average of 25% increase pa.
My aim in any shares I pick is to outperform the NZX50. Simple slow wealth is fine by me.