ATM - A2 Milk Corporation Limited

[Beagle]

You can almost always find a window to make a stocks performance look good or bad depending on your basis. When you zoom out it's clear to everyone this company has been one of the best performing in the history of the NZX.

Management continues executing their strategy in text book fashion and with lots future potential left I think it's wise to at least have a small portion of ones portfolio in this little piece of NZ history.

The mind still boggles with Xero but yes that apart this has been a fantastic growth story and I am pleased to have enjoyed part of that and continue to have a modest exposure through a managed fund which has a large stake. I held the former CEO in high regard.

[see weed]

Closed on ASX at A$14.61 or NZ$15.49.

Guess the shorters will be hoping that Ms Herdlicker will be selling down her shares soon!

But you have to ask - not a given that she will sell?

She sold 357,232 shares at average of $12.20 just 7 months ago = that's a cool $1.175m :eek2: she left on the table, on today's closing price.

And to think that so many gave her grief over it, instead of thanking her at that time for the golden opportunity! Sp got down to $9.90 = 57% increase in 7 months!!!!! :t_up:
Closing price on 11/10/18 was $9.04c down $1.17c from $10.21 the day before. On the 12/10/18 the sp dropped down to $8.67c during the day but was only in the 8.60s and 8.70s for a very shot time, probably 10 or 15 minutes. By the end of the day sp was back up to $9.89c. So on the 12/10/18 the high for that day was $9.96, the low was $8.67c and closing price was $9.89c. I remember pulling my hair out thinking whether to buy or sell and did a bit of both. About 75% increase in 6 months:t_up:.

[Leftfield]

Some people have trouble letting go, when FOMO moves to DIMO (damn, I missed out). Buy the breakout today!

There's few if any growth stories like this one, I'm so glad to have had the nuts and ready$ to capitalise on the CEO and other insiders selldown recently, much and all as it was annoying at the time, now so far ahead after only a few months it would take armageddon to turn this red in my portfolio. And that ain't happening as far as I can tell, but if it did I'd be long gone based on my chart signals. Nothing to fear but fear itself.

Well said Baa Baa..... a company like ATM is a 'one in a million' and well worth holding,,,and holding. Financially it has changed my life, and in addition it has saved my tummy from IBS. What's not to like!

Like you I'm riding and enjoying and am 'well positioned' to exit/phase down if the news or TA starts going bad. But not yet!!

[winner69]

Never forget — A2 won’t become the next Danone in a day

Keep the faith ....remember this when A2 goes over 100 bucks

[see weed]

Sold a few bought last week on open. Bit of manipulation going on at open. Was at head of the queue to open at 15.45, but opened at 15.41 and a couple of seconds later back to 15.45:confused:. Suppose I shouldn't complain, made a bit over 4k.

[minimoke]

Sold a few bought last week on open. Bit of manipulation going on at open. Was at head of the queue to open at 15.45, but opened at 15.41 and a couple of seconds later back to 15.45:confused:. Suppose I shouldn't complain, made a bit over 4k.Certainly seems to be building again nicely. Not a bad idea to take the profits when you can - but selling on upwards momentum a bit tricky. ATM currently at $15.62.

I've taken some paper profit off the table today and currently trying to place it else where

[couta1]

Certainly seems to be building again nicely. Not a bad idea to take the profits when you can - but selling on upwards momentum a bit tricky. ATM currently at $15.62.

I've taken some paper profit off the table today and currently trying to place it else where I didn't expect such a substantial rise so left quite a bit on the table yesterday but I don't worry about getting the top as profit is profit at the end of the day.PS-I don't try and mount horses that have bolted but rather wait for them to head back towards the stable before I remount.Lol

[Balance]

Never forget — A2 won’t become the next Danone in a day

Keep the faith ....remember this when A2 goes over 100 bucks

One institutional investor/shareholder's view : ".... We echo the same thing about the quality of the company. The market share is still accelerating, going very nicely in China. They're up to 10,000 stores I think over in the US.
If they can sustain this sort of runway of growth, I think there's consensus earnings upgrades to come. The PE is quite high at the moment, but I think there's still a bit of runway for this business."

[see weed]

I didn't expect such a substantial rise so left quite a bit on the table yesterday but I don't worry about getting the top as profit is profit at the end of the day.PS-I don't try and mount horses that have bolted but rather wait for them to head back towards the stable before I remount.Lol
In the same boat, but might jump back on a bit before it reaches the stable in case they get spooked again and bolt off to winning post 16.

[Sideshow Bob]

$14.80, up 0.19 in Oz already. :t_up:

[silu]

The mind boggles what I would sit on if I still had my initial parcel but then I wouldn't be in my own house. A House partly built on milk :)

[Southern_Belle]

Speeding ticket ahead?

[minimoke]

In the same boat, but might jump back on a bit before it reaches the stable in case they get spooked again and bolt off to winning post 16.Looks like someone has off loaded at nice fresh bale of hay at Winning Post 16.


Edit - something is up 150,000 crossed at $15.70

[Balance]

Burn!

Shorters will be panicking now.

[couta1]

The mind boggles what I would sit on if I still had my initial parcel but then I wouldn't be in my own house. A House partly built on milk :) The what ifs in life aye, wouldn't make any difference to me, I'd still be just as frugal.PS-More money doesn't change a person, it just unmasks them.

[sb9]

Burn!

Shorters will be panicking now.

Bit of desperation from them I guess.

Suddenly my portfolio has ballooned this morning by a rather large amount. That's the beauty with ATM, when price surge starts it leaps and bounds in big numbers and vice versa.

On a side note, looks like Blackmores (BKL) continue to suffer as per their latest quarterly update. May be good money is following winners like A2.

[silu]

The what ifs in life aye, wouldn't make any difference to me, I'd still be just as frugal.PS-More money doesn't change a person, it just unmasks them.

It was a thinly veiled brag ;)
I know I managed to buy a house in Auckland on my own through frugal living and wise (sometimes lucky) investment decisions. I rather have a much smaller parcel of ATM than having to live under the mercy of landlords ever again. Now let's hope that my remaining shares will manage at some stage in the future to bite a significant chunk out of the mortgage.

[winner69]

The what ifs in life aye, wouldn't make any difference to me, I'd still be just as frugal.PS-More money doesn't change a person, it just unmasks them.

Somebody I can’t recall who once said ”The real measure of your wealth is how much you’d be worth if you lost all your money.

[Ggcc]

When will we get “trading halt”. “Takeover offer”

[minimoke]

When will we get “trading halt”. “Takeover offer”15% in a month is too unusual - you might be getting a bit ahead of yourself. Be prepared for the 10% fall.

[longy]

The what ifs in life aye, wouldn't make any difference to me, I'd still be just as frugal.PS-More money doesn't change a person, it just unmasks them.

Money is a terrible master but a wonderful slave. It did not bring me any more happiness nor have changed me but it allows me to do the stuff that otherwise couldn't. Like donating to a few more charities.

[Balance]

Bit of desperation from them I guess.

Suddenly my portfolio has ballooned this morning by a rather large amount. That's the beauty with ATM, when price surge starts it leaps and bounds in big numbers and vice versa.

On a side note, looks like Blackmores (BKL) continue to suffer as per their latest quarterly update. May be good money is following winners like A2.

Switching makes sense - no point sticking with a turkey on the ground while the eagle is soaring.

Meanwhile, it is interesting to note since March 15th to 9th April, that 7m additional shares were shorted from A$13.11 :scared:

Quick dissipation of wealth by the shorters indeed!

[couta1]

Money is a terrible master but a wonderful slave. It did not bring me any more happiness nor have changed me but it allows me to do the stuff that otherwise couldn't. Like donating to a few more charities. Agree absolutely.

[Sideshow Bob]

Enjoying the many wise sayings coming out today.

In the meantime, bring on $16.

[minimoke]

Enjoying the many wise sayings coming out today.
.My contribution:

If it sounds too moo to be true, it probably is.

The best things in life are A1 free.

You give a poor man a cup of milk and you feed him for a day. You teach him to buy A2 shares and you give him an opportunity that will feed him for a lifetime.

Money doesn’t grow on cows.

[sb9]

Broke thro' A$ 15 mark on ASX and on the way to clinch NZ$ 16 mark soon.

[couta1]

Broke thro' A$ 15 mark on ASX and on the way to clinch NZ$ 16 mark soon. Not a price I would pay,a too fast rise too soon equals the escalator down in the not too distant future.

[see weed]

I didn't expect such a substantial rise so left quite a bit on the table yesterday but I don't worry about getting the top as profit is profit at the end of the day.PS-I don't try and mount horses that have bolted but rather wait for them to head back towards the stable before I remount.Lol
How far back is your stable couta1? Would you jump back in $14 to $15, or 15.50?

[minimoke]

Not a price I would pay,a too fast rise too soon equals the escalator down in the not too distant future.Agree. Dont think it will be too many days before we see a 5-10% dip. Too much activity for too little news. Game players are out in force having their fun.

[Sideshow Bob]

$16.00!

Take that!!

[couta1]

How far back is your stable couta1? Would you jump back in $14 to $15, or 15.50? $14.80-$15.10 is my provisional target.

[minimoke]

$16.00!

Take that!!Shortlived. But as a new benchmark high, I'll take it.

[Leftfield]

NZ Herald telling us what most of us know in relation to ATM and short sellers..

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12222859

[Baa_Baa]

Buy the breakout today!


Also the long side chart players will pile into resistance breakouts. Run with the money.

Did I say that or what, just yesterday. Some Heart on another forum reckons they've spotted a Cup & Handle in the chart formation and its break out (up). Go figure, use google if you have to. [ok, bring on the abandoned babies nonsense, lol]

For a 'sharetraders' forum, there's a lot of non-traders frequently weighing in on ATM, mostly wrong - selling early into the SP rises wondering why it's still going ballistic, or standing on the sidelines watching and lamenting, or having no skills to figure when it's topping and taking profits, or when it's bottoming and taking a new position. Traders own this share, have done for some time, especially momentum traders, or those who just buy the bloody thing and do nothing forever, they have and will continue to do very well.

It doesn't happen often but it's happening here. If nothing, open one's mind and enjoy the lessons, there are plenty.

[percy]

While there are others who do not like cows, and try to avoid too much dairy produce in their diet.
I happen to be one of those.
Very little milk in my coffee, and a couple of slices of Edam cheese in my sandwiches at lunch time.
Cream and Icecream at Christmas time with Raspberries.

[sb9]

Closed on ASX a cent shy of $15 at $14.99 which equates to NZ 15.86. Looks as though we might close north of $16 at the end of this week’s trading on Thu.
Forget Christmas, that’s a nice giant Easter Egg.

[percy]

Closed on ASX a cent shy of $15 at $14.99 which equates to NZ 15.86. Looks as though we might close north of $16 at the end of this week’s trading on Thu.
Forget Christmas, that’s a nice giant Easter Egg.

Trust it is an A2 Dairy Milk Easter Egg.?...lol.

[minimoke]

For a 'sharetraders' forum, there's a lot of non-traders frequently weighing in on ATM, mostly wrong - .Seems most of here, except perhaps you, understand this is a forum for traders, investors or those interested in general in shares.

[Baa_Baa]

Seems most of here, except perhaps you, understand this is a forum for traders, investors or those interested in general in shares.

Whatever, contribute something useful anytime you feel like it. Try to make it relevant to ATM.

[sb9]

Trust it is an A2 Dairy Milk Easter Egg.?...lol.

Of course :)

[waikare]

[For a 'sharetraders' forum, there's a lot of non-traders frequently weighing in on ATM, mostly wrong - or those who just buy the bloody thing and do nothing forever, they have and will continue to do very well.

I am am one of those, just sit and don't do a dam thing, in his particular instance any way brought in at 22 cents. To quote the Mad Butcher's book title "What a ride mate"

[minimoke]

[For a 'sharetraders' forum, there's a lot of non-traders frequently weighing in on ATM, mostly wrong - or those who just buy the bloody thing and do nothing forever, they have and will continue to do very well.

I am am one of those, just sit and don't do a dam thing, in his particular instance any way brought in at 22 cents. To quote the Mad Butcher's book title "What a ride mate"Thankyou for your contribution. All posts welcome in my books.

[Balance]

Thankyou for your contribution. All posts welcome in my books.

Absolutely.

There's something to be learnt from every post - if one cares to think through the post, quick or slow.

[Saffer]

1.5 mil shares issued at 72c? Will this dilute the share value?

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/ATM/333515/298579.pdf

I wonder if Susan will have to sell some to pay for these shares?

[bull....]

Did I say that or what, just yesterday. Some Heart on another forum reckons they've spotted a Cup & Handle in the chart formation and its break out (up). Go figure, use google if you have to. [ok, bring on the abandoned babies nonsense, lol]

For a 'sharetraders' forum, there's a lot of non-traders frequently weighing in on ATM, mostly wrong - selling early into the SP rises wondering why it's still going ballistic, or standing on the sidelines watching and lamenting, or having no skills to figure when it's topping and taking profits, or when it's bottoming and taking a new position. Traders own this share, have done for some time, especially momentum traders, or those who just buy the bloody thing and do nothing forever, they have and will continue to do very well.

It doesn't happen often but it's happening here. If nothing, open one's mind and enjoy the lessons, there are plenty.

no negative t/a signals yet from the breakout ... up up and away lol $20? anyone

[sb9]

no negative t/a signals yet from the breakout ... up up and away lol $20? anyone

Me thinks...in my opinion re-rating is happening to new high before FY results.

[JoeGrogan]

1.5 mil shares issued at 72c? Will this dilute the share value?

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/ATM/333515/298579.pdf

I wonder if Susan will have to sell some to pay for these shares?

Well those shares are currently worth $24m so not really when the MC is $12b, rough calculation is .2 of a percent dilution.

[sb9]

Nice start to clinch $16 mark once ASX opened, $16.04 now...

[couta1]

Nice start to clinch $16 mark once ASX opened, $16.04 now... At the current price I would rather buy BAL.

[Leftfield]

At the current price I would rather buy BAL.

You may well be right Couta.

While the current TA chart for BAL shows there is considerable upside potential, a longer term view comparing the two SP's shows that over the last 5 yrs ATM has outperformed BAL by roughly 1000%.

10493


The question then is which company will out perform the other in the future. IMO the odds are still greatly with ATM.

Aussies are endlessly comparing BAL with ATM. IMO such comparisons are pretty futile. They are quite different companies, Quite different markets, different management and very different balance sheets.

[couta1]

You may well be right Couta.

While the current TA chart for BAL shows there is considerable upside potential, a longer term view comparing the two SP's shows that over the last 5 yrs ATM has outperformed BAL by roughly 1000%.

10493


The question then is which company will out perform the other in the future. IMO the odds are still greatly with ATM.

Aussies are endlessly comparing BAL with ATM. IMO such comparisons are pretty futile. They are quite different companies, Quite different markets, different management and very different balance sheets. I'm not comparing them, Im speaking from a short to medium term timeframe only.

[nzsharetrade]

no volume....keep reminding myself the statement from CEO last year, every time I see the raise of ATM

[Leftfield]

no volume....keep reminding myself the statement from CEO last year, every time I see the raise of ATM

Crikey! I hope you are shorting with that attitude.

($5.8 mill and 360k shares - and that doesn't count the ASX)

[Beagle]

New all time high today...where are all the fans cheering ?

[allfromacell]

no volume....keep reminding myself the statement from CEO last year, every time I see the raise of ATM

When the CEO sells I think it'll be a nonevent. She's flagged it so far in advanced and the company has only gotten stronger since then. She also mentioned she would need to sell 'almost all' her shares vesting and to hold a small amount left that would be built on overtime.

So now the value has increased so much she might only need to sell half her shares, who knows. Regardless I think it's fair to say she's done a fantastic job so far and proved all the doubters wrong so far.

[nzsharetrade]

When the CEO sells I think it'll be a nonevent. She's flagged it so far in advanced and the company has only gotten stronger since then. She also mentioned she would need to sell 'almost all' her shares vesting and to hold a small amount left that would be built on overtime.

So now the value has increased so much she might only need to sell half her shares, who knows. Regardless I think it's fair to say she's done a fantastic job so far and proved all the doubters wrong so far.

could you list anything she has done? or achieved ? am all ears up.

[777]

When the CEO sells I think it'll be a nonevent. She's flagged it so far in advanced and the company has only gotten stronger since then. She also mentioned she would need to sell 'almost all' her shares vesting and to hold a small amount left that would be built on overtime.

So now the value has increased so much she might only need to sell half her shares, who knows. Regardless I think it's fair to say she's done a fantastic job so far and proved all the doubters wrong so far.

The company had a certain momentum that very little has needed to be done. She has not been there a year yet.

Remain a doubter.

[Baa_Baa]

New all time high today...where are all the fans cheering ?

Woo hoo, I'm happy. 🎉🥳🍾

[nzsharetrade]

New all time high today...where are all the fans cheering ?

haahhahhahah.

[nzsharetrade]

Crikey! I hope you are shorting with that attitude.

($5.8 mill and 360k shares - and that doesn't count the ASX)

forget the 'trader' in my name, am not really a trader. just dont have the same feeling as before for this all time high.

[Leftfield]

forget the 'trader' in my name, am not really a trader. just dont have the same feeling as before for this all time high.

Always good to be cautious when a share reaches a new all time high on no news.

For anyone wanting to buy it may be better to wait for real news from ATM and reassess prospects then. Alternately if/when the SP drops back to the 90 day MA, there is traditionally better buying.

Fortunately, I'm not buying or selling at these levels, merely holding and enjoying the ride.

[Beagle]

could you list anything she has done? or achieved ? am all ears up.

Me too :) https://www.bing.com/images/search?view=detailV2&id=10568A5F7BAB3523712B0F5E405596A3E96F73CC&thid=OIP.bpmHTIlOYvhtPgJa33RYhAHaHA&mediaurl=https%3A%2F%2Fwww.warrenphotographic.co.u k%2Fphotography%2Fbigs%2F04210-Basset-with-ears-up-white-background.jpg&exph=1104&expw=1166&q=basset+with+ears+up&selectedindex=1&ajaxhist=0&vt=0&eim=1,6 Basset used for dramatic effect lol
I know !...she did bring on board one of her old girlfriends from JetStar !

[Baa_Baa]

It's awkward, sometimes, being on the sidelines watching an 85% appreciation in a SP in just over 6 months, especially when it's relentless appreciation. More especially when one doesn't understand a growth story or know how to participate in it. Or maybe just missed it, as we have all done from time to time with various stellar companies. Sometimes they just run away from us and we can't explain why we didn't act on it a lot sooner, or at all.

Some people might be better not to torture themselves wondering why and just get on the train (assuming an ability to pick where to get off again), or wait for the next re-entry, which will come eventually, as it always does. It might be above where we are now though, one never knows precisely.

But be careful, some stocks just run away from you and when the inevitable decline happens and the buy-in of the decade emerges in that stock, we tend to dismiss it with trivia that self justifies our reservations to act. TA eliminates a lot of that stuff, for the disciplined investors, it's easy to say, hard to do.

No point in commentating from the sidelines when it just reinforces others views that one doesn't have the wherewithal to have got on the ride, let alone know when to get off.

[Balance]

Most fascinating to see shorters close out 3m shares at loss of over $1.50 per share in just 2 short weeks.

Ouch!

Feel the BURN!

[percy]

It's awkward, sometimes, being on the sidelines watching an 85% appreciation in a SP in just over 6 months, especially when it's relentless appreciation. More especially when one doesn't understand a growth story or know how to participate in it. Or maybe just missed it, as we have all done from time to time with various stellar companies. Sometimes they just run away from us and we can't explain why we didn't act on it a lot sooner, or at all.

Some people might be better not to torture themselves wondering why and just get on the train (assuming an ability to pick where to get off again), or wait for the next re-entry, which will come eventually, as it always does. It might be above where we are now though, one never knows precisely.

But be careful, some stocks just run away from you and when the inevitable decline happens and the buy-in of the decade emerges in that stock, we tend to dismiss it with trivia that self justifies our reservations to act. TA eliminates a lot of that stuff, for the disciplined investors, it's easy to say, hard to do.

No point in commentating from the sidelines when it just reinforces others views that one doesn't have the wherewithal to have got on the ride, let alone know when to get off.

Baa Baa.
Think of shares as buses.You know another will be along in another 15 minutes.You don't have to get on the first one that comes along.
You miss the ATM bus look out for the next one.AIA,EBOFPH,,FRE,GNE,HGH,MEL,MTF,PPH,,RYM,SCL,S UM,XRO, have all gone past your bus stop.
Just try to understand yourself.Are you a chartist,a momemtum investor,or you buy on fundamentals or divies.?
Then just concentrate on your area of expertise.
I like smaller companies that have strong balance sheets,positive cashflow and look to either be able to pay a divie in the foreseeable future,or can pay increasing divies.The company must do what they say they will do.
If a bus/company comes past me and I don't understand it,I leave it to others.
Seems to work just fine.
Buffett only gets 6 out of 10 right,so we would be fooling ourselves trying to get everyone right.

[winner69]

A lot of buses in Wellington these days are heading to NIS and you can’t get on ....a lot of others are cancelled, like a stock in a trading halt

Not that long ago things we’re liable - you knew if you missed the ATM bus the HGH one would turn up on time

[percy]

A lot of buses in Wellington these days are heading to NIS and you can’t get on ....a lot of others are cancelled, like a stock in a trading halt

Not that long ago things we’re liable - you knew if you missed the ATM bus the HGH one would turn up on time

Don't believe a word I write W69.
Had my GOLD CARD [thank you Winnie] for over 5 years,and have yet to use it, and get the "free" bus ride.
They seem to run on time in ChCh..

[pg0220]

At the current price I would rather buy BAL.
BAL is still waiting for SAMR approval and it is just a endless waiting game. Even though the approval is sorted, the rumour has it that they are currently having a supply issue and there are quite many empty shelves around the Aussie supermarkets. I was once there hoping for a good news but decided to move out when SP recently moved up. Another IF company BUB recently rallied up but I remember that was only because of good news like acquisitions and partnerships. Well, yeah I would probably rather buy BUB, but ATM still looks more promising than BAL for sure to me. As always, I am usually 99% wrong though :p

[couta1]

BAL is still waiting for SAMR approval and it is just a endless waiting game. Even though the approval is sorted, the rumour has it that they are currently having a supply issue and there are quite many empty shelves around the Aussie supermarkets. I was once there hoping for a good news but decided to move out when SP recently moved up. Another IF company BUB recently rallied up but I remember that was only because of good news like acquisitions and partnerships. Well, yeah I would probably rather buy BUB, but ATM still looks more promising than BAL for sure to me. As always, I am usually 99% wrong though :p A good jockey always has more than one mount, whilst waiting for this horse to settle down and get a little tired the BAL horse ain't a bad mount to keep one busy whilst patiently waiting for a remount of this stallion. PS-If the BAL horsey does happen to gain SAMR approval whilst I'm mounted I sure will be one ecstatic jockey.

[sb9]

Looks like more short covering at open on ASX.

[tipsy]

16.38, the new high ;)

[Leftfield]

16.38, the new high ;)

With success in the USA just beginning while its share of the Chinese IF market heads to 10%, not to mention huge piles of cash, ATM looks set to outperform the NZX50 for some time yet.

[tipsy]

With success in the USA just beginning while its share of the Chinese IF market heads to 10%, not to mention huge piles of cash, ATM looks set to outperform the NZX50 for some time yet.

China GDP up 6.4%, and chinese consumer spending for march up 9% should see that IF market share rising. USA is going to be very, very interesting over the next few years.

[see weed]

yipy yi ya, remember topping up reluctantly and nervously at 7.19c at the top of market, Oct 2017, had been waiting for it to drop back to 4, 5 and 6 dollars, but couldn't wait any longer. Oct last year did the same but was at bottom of market $9, Just as nervous but it paid off:).

[couta1]

yipy yi ya, remember topping up reluctantly and nervously at 7.19c at the top of market, Oct 2017, had been waiting for it to drop back to 4, 5 and 6 dollars, but couldn't wait any longer. Oct last year did the same but was at bottom of market $9, Just as nervous but it paid off:). Remember only banked profit is real profit the rest is just theoretical and it can disappear quickly given certain circumstances.

[bull....]

not far to $20

[couta1]

Meanwhile a bit of good news over on planet BAL.

[see weed]

16.38, the new high ;)
The way it's going 16.38 might be the next low in a months time:)

[couta1]

Meanwhile a bit of good news over on planet BAL. I reckon I got on this horse at the right time.Lol

[Ggcc]

I will mention it again as the share price keeps heading north. Is there a smell of a possible takeover happening as well as shorts covering

[see weed]

I will mention it again as the share price keeps heading north. Is there a smell of a possible takeover happening as well as shorts covering
16.50 now. If a takeover, then insider trading taking place.

[winner69]

16.50 now. If a takeover, then insider trading taking place.

Don’t forget A2 won’t become the next Danone in a day

A2 will be a 100 bucks one day ....and shorts will still be playing

[winner69]

Good call with your BAL Couts ...it’s on fire

[see weed]

Remember only banked profit is real profit the rest is just theoretical and it can disappear quickly given certain circumstances.
I cannot sell the original lot because IRD would want 160k in taxes for my effort:scared:.

[Leftfield]

Good call with your BAL Couts ...it’s on fire

Well called Couta but shouldn't this be over on the ASX thread?

(Little if any relevance to ATM)

[minimoke]

The sell side starting to dry up. Might have to put a cheeky ASK at $18.00

[couta1]

Good call with your BAL Couts ...it’s on fire Man this things a real bucking bronco with a $2.35 daily price spread, I couldn't get a decent dismount without falling off.Lol

[winner69]

Well called Couta but shouldn't this be over on the ASX thread?

(Little if any relevance to ATM)

No let’s leave it here

If BAL becomes the new hero I must have stock A2 share price could weaken (a lot)

Anyway it’s fun seeing good guys like Couts winning big time.

[couta1]

No let’s leave it here

If BAL becomes the new hero I must have stock A2 share price could weaken (a lot)

Anyway it’s fun seeing good guys like Couts winning big time. Thanks winner , just a temporal divergence to share the dual party that's going on and after all it's all about the milk.PS-As an aside there is no BAL thread over on the ASX part of the forum.

[winner69]

Thanks winner , just a temporal divergence to share the dual party that's going on and after all it's all about the milk.PS-As an aside there is no BAL thread over on the ASX part of the forum.

There is BAL thread buts it boring as so let’s keep it here

Threads are for general chit chat anyway ...aren’t they ...so let’s keep it that may. Being too regimented curtails your imagination

BAL coming back a bit ...hope you got off the horse around 12 bucks

BAL thread here
https://www.sharetrader.co.nz/showthread.php?10099-BAL-Bellamy-s-Organic&highlight=Bellamy

[Baa_Baa]

Thanks winner , just a temporal divergence to share the dual party that's going on and after all it's all about the milk.PS-As an aside there is no BAL thread over on the ASX part of the forum.

Start one. BAL of no interest here.

[winner69]

Start one. BAL of no interest here.

I find the relstionship between A2 and Bellamy quite interesting

[couta1]

Start one. BAL of no interest here. Take a chill pill and lighten up.

[Beagle]

WOW you're on fire Coutts. I remember we talked about your entry in to BAL just before Easter at about $9.50.
The milk companies (excl SML) are on FIRE! Just as well Fisher funds have HEAPS so I'm happy too.

[Baa_Baa]

2.36% in one day, more than you'd make in a whole year with a one-year bank deposit. Still, I reckon this has pushed the limits (check the Bollinger) and expect a retreat/sideways shortly. Be nimble. A share that doesn't pay a dividend doesn't earn respect the from multitude of value/earnings investors on NZX (or in this case ASX as well), especially those who missed the latest run up, so run with the money and quit quickly when the money turns against you. Or just hold and ignore the gyrations as it settles and then moves to new highs.

[minimoke]

Be nimble. A share that doesn't pay a dividend doesn't earn respect the from multitude of value/earnings investors on NZX (or in this case ASX as well), .
Maybe a divi isn't far away. They cant keep stockpiling cash forever.

[Balance]

Maybe a divi isn't far away. They cant keep stockpiling cash forever.

ATM is an international stock, like Xero.

Dividends? Ask Buffett - he has never paid a cent in dividend via Berkshire Hathaway!

[longy]

From Yahoo finance. Is this old news???

Elsewhere, another baby-formula business in a2 Milk Company Ltd (ASX: A2M) has received its required Chinese regulatory approval (notably its supplier Synlait Milk Company Ltd (ASX: SM1) is largely Chinese owned) and is printing new record highs again today.

[minimoke]

Found this link from over on the Crypt Currency thread

https://medium.com/@Taelpay/our-ecosystem-detailed-2-blockchains-explained-901b4c4e3a55.

Looks like ATM is into Tael's (WAB)

"This change in price (tael token) gamifies her shopping experience (A2 Milk)........"

[Leftfield]

Crikey! At current prices ATM now a '30 bagger' on my original purchase price at 53c!

10497

This doesn't include a few trades over the years to 'free-hold' my holding, and ATM remains at 60% of my portfolio. :t_up:

[percy]

Crikey! At current prices ATM now a '30 bagger' on my original purchase price at 53c!

10497

This doesn't include a few trades over the years to 'free-hold' my holding, and ATM remains at 60% of my portfolio. :t_up:

Absolutely fantastic.
Holding all the way.
Well done.

[nzsharetrade]

2.36% in one day, more than you'd make in a whole year with a one-year bank deposit. Still, I reckon this has pushed the limits (check the Bollinger) and expect a retreat/sideways shortly. Be nimble. A share that doesn't pay a dividend doesn't earn respect the from multitude of value/earnings investors on NZX (or in this case ASX as well), especially those who missed the latest run up, so run with the money and quit quickly when the money turns against you. Or just hold and ignore the gyrations as it settles and then moves to new highs.


:t_up::t_up::t_up::t_up:ATM better not miss this FY report.

[nzsharetrade]

WOW you're on fire Coutts. I remember we talked about your entry in to BAL just before Easter at about $9.50.
The milk companies (excl SML) are on FIRE! Just as well Fisher funds have HEAPS so I'm happy too.

Hi Beagle

What is current PE? read some where talking about 80 something ...........

[BlackPeter]

Hi Beagle

What is current PE? read some where talking about 80 something ...........

Absolutely. You buy a share with a 2018 earnings of 27 cents for $16.48. Well, that's not a PE of 80 but above 60. Obviously - the only way to justify this share price is if you assume strong and sustainable growth for many years to come.

Put the historic CAGR of roughly 50 and the forecasted earnings into the Grahams formula, than the share is worth close to $50. But than - it is much easier to grow a company from $62 m revenue (in 2012) to $922m than to grow it in the same timeframe from $922m to $13.7b.

Which means - growth will inevitably slow down. The multi billion dollar question is - how fast and by how much? Depending on the answer to this question is ATM at the moment cheap or dear.

Ah yes - and don't forget - XRO has (based on 2018 earnings as well as on 2019 predictions) still a negative PE ... :sleep::

[whatsup]

$16-70 wow !

[winner69]

Absolutely. You buy a share with a 2018 earnings of 27 cents for $16.48. Well, that's not a PE of 80 but above 60. Obviously - the only way to justify this share price is if you assume strong and sustainable growth for many years to come.

Put the historic CAGR of roughly 50 and the forecasted earnings into the Grahams formula, than the share is worth close to $50. But than - it is much easier to grow a company from $62 m revenue (in 2012) to $922m than to grow it in the same timeframe from $922m to $13.7b.

Which means - growth will inevitably slow down. The multi billion dollar question is - how fast and by how much? Depending on the answer to this question is ATM at the moment cheap or dear.

Ah yes - and don't forget - XRO has (based on 2018 earnings as well as on 2019 predictions) still a negative PE ... :sleep::

Think long term BP

Todays price whatever it is is just one point in time as it inevitably climbs to $50 and then $100 and so on

A2 didn’t become the next Danone in a day

[sb9]

NZ export earnings at all-time high as China trade booms..

http://nzh.tw/12225438

[couta1]

Hey winner I got back on the BAL horse but still patiently waiting for a remount of this stallion(Probably around mid May I reckon) PS- Since 15/1/2015 only 15 posts on the ASX BAL thread and 4 of those are our recent ones winner now that's a dead horse aye.

[Leftfield]

NZ export earnings at all-time high as China trade booms..

http://nzh.tw/12225438

And this from Statistics NZ...... what's that saying? "A high tide floats all ships...especially the the good ship ATM."

Dairy products lead rise in exports

Exports of dairy products led the rise in exports, up $264 million (22 percent) to $1.4 billion in March 2019.
This rise was led by milk powder, up $226 million on a year earlier. The rise was quantity-led, but unit values also rose, up 6.5 percent on March 2018. There were contrasting movements in other dairy commodities: the value of cheese exports rose $42 million, while butter exports fell, also by $42 million.
Other main contributors to the rise in total exports were meat and edible offal, food preparations (a commodity group that includes infant formula), forestry products, and fruit.
Of our main export markets, China had the largest increase, up $522 million (52 percent) to $1.5 billion.
“Exports to China were the leading contributor to increases in several primary sector commodities including dairy products, beef, lamb, and forestry products,” Mr Islam said.

[BlackPeter]

Think long term BP

Todays price whatever it is is just one point in time as it inevitably climbs to $50 and then $100 and so on

A2 didn’t become the next Danone in a day

Long term thinking is good. Not so sure though the current price point is an optimal entry for the long term.

I suspect the ATM investors who spent in march 2018 $14 or so per share didn't feel that smug during the last 12 months when they could buy the same share for below $10 ... :(;

Nice picture with Danone, but if you read the Danone story (https://en.wikipedia.org/wiki/Danone) - they didn't got big with one particular milk derivate ... and it still took them 100 years to reach $25b revenue. If ATM sticks with the current CAGR (justifying their share price) they should do that in 10 years! Yeah, right ... but hold on - maybe they could produce beer as well ;)?

[winner69]

Hey winner I got back on the BAL horse but still patiently waiting for a remount of this stallion(Probably around mid May I reckon) PS- Since 15/1/2015 only 15 posts on the ASX BAL thread and 4 of those are our recent ones winner now that's a dead horse aye.

Good one ...have a good ride

Do BAL and ATM share prices sort of move in tandem (except the spike times) or do they get of step at times and give opportunities like you taking now

[Leftfield]

March IF exports ex Lyttelton up an amazing 250% on prior period. (Remember ATM's additional Marketing spending will be kicking in too.)

YTD up 51.7%. as posted on HC.

Details in this pic;
10501

As usual DYOR.

[BlackPeter]

Good one ...have a good ride

Do BAL and ATM share prices sort of move in tandem (except the spike times) or do they get of step at times and give opportunities like you taking now

Hmm - there seems to be some correlation - for roughly 40% of the time ...

Whether that's enough to make money out of the correlation (or lack thereof) I don't know. There seem to be quite strong and uncorrelated factors impacting on the rest:

10502

Ah yes - but both did quite well on the 5 years chart - didn't they?

[couta1]

Good one ...have a good ride

Do BAL and ATM share prices sort of move in tandem (except the spike times) or do they get of step at times and give opportunities like you taking now BAL more volatile due to a number of issues over the last couple of years and reached $22AU odd at one point and $20AU odd over the last year so more upside at the moment than A2 at it's current price over a short to medium timeframe. Once it gains full approval for all its products the SP of both should move closer together once again.

[sb9]

March IF exports ex Lyttelton up an amazing 250% on prior period. (Remember ATM's additional Marketing spending will be kicking in too.)

YTD up 51.7%. as posted on HC.

Details in this pic;
10501

As usual DYOR.

Wow, just wow. That’s one heck of a picture.

[BlackPeter]

Wow, just wow. That’s one heck of a picture.


Just wondering -

did anybody ever manage to reconcile these "Lyttleton IF exports" with Synlait and / or Fonterra and / or Westland Milk's accounts? They all will ship some of their stuff through Lyttleton (in this case its in your tab) and / or through Timaru and /or through Tauranga (in the latter case it would not be). All three ports have "Inland ports" in Rolleston.

As well - how is A2's all important Daigou channel accounted for that way?

As well - how do the numbers capture any IF channeled through other ports (like Port of Tauranga via Rolleston)?

The tab shows big variations of something going through one particular port, but I have no idea what they mean in isolation for A2's business. I suspect nothing.

[winner69]

Just wondering -

did anybody ever manage to reconcile these "Lyttleton IF exports" with Synlait and / or Fonterra and / or Westland Milk's accounts? They all will ship some of their stuff through Lyttleton (in this case its in your tab) and / or through Timaru and /or through Tauranga (in the latter case it would not be). All three ports have "Inland ports" in Rolleston.

As well - how is A2's all important Daigou channel accounted for that way?

As well - how do the numbers capture any IF channeled through other ports (like Port of Tauranga via Rolleston)?

The tab shows big variations of something going through one particular port, but I have no idea what they mean in isolation for A2's business. I suspect nothing.

Spoil sport

But like you I have no idea what the numbers are ..whether it’s value or weight or what. But HUGE numbers though eh BlackPeter

One thing the shipments over last July/Dec were up 40% on pcp and A2 baby stuff sales were up 45% in same period so whatever the shipping numbers are they seem to be some sort of lead indicator of what A2 growth might be,

And H2 growth is even stronger ...WOW WOW WOW WOW :t_up::t_up::):scared:

[silu]

Why A2 is crushing the competition in China
https://www.livewiremarkets.com/wires/why-a2-is-crushing-the-competition-in-china

From TOBIAS YAO - Wilson Asset Management

I have just returned from China, looking at how Australian goods such as infant formula are sold and marketed, given the strong Chinese demand for such products. Being able to speak with shop attendants in their native language let me get to the source of information. In this wire, I share the key takeaways.

[peat]

Why A2 is crushing the competition in China
https://www.livewiremarkets.com/wires/why-a2-is-crushing-the-competition-in-china

From TOBIAS YAO - Wilson Asset Management

I have just returned from China, looking at how Australian goods such as infant formula are sold and marketed, given the strong Chinese demand for such products. Being able to speak with shop attendants in their native language let me get to the source of information. In this wire, I share the key takeaways.

totally talking his own book

[Leftfield]

March IF exports ex Lyttelton up an amazing 250% on prior period. (Remember ATM's additional Marketing spending will be kicking in too.)

YTD up 51.7%. as posted on HC.

Details in this pic;
10501





Just wondering -
The tab shows big variations of something going through one particular port, but I have no idea what they mean in isolation for A2's business. I suspect nothing.

BP as always it is a tab risky to read too much into figures.

My key take away is that it is yet another indication that ATM is making huge gains with its IF (with associated high margins) and all is going to plan. However, until the company issues an update it is only an indication.

To answer some of your Q's:
- The figs are tonnes of IF exported. They do not represent $'s, so we wait for ATM's details to confirm margins/profitability etc.
- Remember that ATM has negotiated a better supply deal with SML and these tonnages will benefit.
- The figs may include some SML branded exports, but as SML have not got Chinese accreditation, these are likely to be slim
- The figs do not provide destinations, however whether it be Australia or China the results still are a boost to ATM. ATM has 30% share of the Australian IF market, but much of that goes via the Diagou channel to China.
- The figs give a level of support/justification to recent SP rises.
- The figs also give credibility to the fact that ATM is gaining market share in China.

So the figs represent a lot more than 'nothing', they indicate that ATM is on course to reaching its market guidance (and more.) But if you want to dismiss them, that's fine with me.

As usual DYOR.

[whatsup]

totally talking his own book

Peat, NAH wrong attack, A2M sells itself, cheers.

[BlackPeter]

BP as always it is a tab risky to read too much into figures.

My key take away is that it is yet another indication that ATM is making huge gains with its IF (with associated high margins) and all is going to plan. However, until the company issues an update it is only an indication.

To answer some of your Q's:
- The figs are tonnes of IF exported. They do not represent $'s, so we wait for ATM's details to confirm margins/profitability etc.
- Remember that ATM has negotiated a better supply deal with SML and these tonnages will benefit.
- The figs may include some SML branded exports, but as SML have not got Chinese accreditation, these are likely to be slim
- The figs do not provide destinations, however whether it be Australia or China the results still are a boost to ATM. ATM has 30% share of the Australian IF market, but much of that goes via the Diagou channel to China.
- The figs give a level of support/justification to recent SP rises.
- The figs also give credibility to the fact that ATM is gaining market share in China.

So the figs represent a lot more than 'nothing', they indicate that ATM is on course to reaching its market guidance (and more.) But if you want to dismiss them, that's fine with me.

As usual DYOR.

Hi Leftfield,

I think some of your interpretations are wrong.

Synlait actually owns the accreditations for the Chinese market, not A2. Synlait could (and might) well sell other (non A2) IF into China, but they definitely produce and sell A1 IF into other countries.

To the best of my knowledge - all IF A2 is shipping from New Zealand is produced by Synlait, however Synlait has as well a number of other (non - A2 ) customers.

As indicated - Synlait has easy access to at least three NZ ports (and they have all "Inland ports" in Rolleston - just a stone throw from the Synlait factory). I assume Synlait is using more than one of them.

There are other big IF producers in the South Island (Fonterra and Westland Milk). They will as well use all of these ports (depending on who offers the best deal).

Which means that there is no point in trying to correlate the IF shipments of one port (which could come from at least 4 different sources) with the assumed business of one particular brand.

[Leftfield]

That's fine BP, I stand by my key assumption....."So the figs represent a lot more than 'nothing', they indicate that ATM is on course to reaching its market guidance (and more.)"
But if you want to dismiss them, that's fine with me."

[winner69]

Hi Leftfield,

I think some of your interpretations are wrong.

Synlait actually owns the accreditations for the Chinese market, not A2. Synlait could (and might) well sell other (non A2) IF into China, but they definitely produce and sell A1 IF into other countries.

To the best of my knowledge - all IF A2 is shipping from New Zealand is produced by Synlait, however Synlait has as well a number of other (non - A2 ) customers.

As indicated - Synlait has easy access to at least three NZ ports (and they have all "Inland ports" in Rolleston - just a stone throw from the Synlait factory). I assume Synlait is using more than one of them.

There are other big IF producers in the South Island (Fonterra and Westland Milk). They will as well use all of these ports (depending on who offers the best deal).

Which means that there is no point in trying to correlate the IF shipments of one port (which could come from at least 4 different sources) with the assumed business of one particular brand.

Correlation

There is between half yearly growth in those IF export numbers and growth in A2 baby products sales

Good enough correlation for me to say A2 will probably exceed their guidance that H2 revenues will grow about the same as they did in H1

[Baa_Baa]

Correlation

There is between half yearly growth in those IF export numbers and growth in A2 baby products sales

Good enough correlation for me to say A2 will probably exceed their guidance that H2 revenues will grow about the same as they did in H1

Nicely put, for some there's no convincing without hard facts, but here the only facts are a total weight of IF exported from one port. That will never satisfy an engineers mind that needs to know the precise detail. For the rest of us, it's indicative of a positive trend, which is enough to get us through to the May results.

Pretty positive response on the SP regardless of the sideliners and teeth gnashers, just keeps on keeping on. Can't wait for the next exit and then the re-entry afterwards, if one follows A2M, might double the shareholding again or thereabouts, this is a momentum traders dream (pretty good for long termers as well, they're killing it!) ATM not so much.

[nzsharetrade]

Hi Leftfield,

I think some of your interpretations are wrong.

Synlait actually owns the accreditations for the Chinese market, not A2. Synlait could (and might) well sell other (non A2) IF into China, but they definitely produce and sell A1 IF into other countries.

To the best of my knowledge - all IF A2 is shipping from New Zealand is produced by Synlait, however Synlait has as well a number of other (non - A2 ) customers.

As indicated - Synlait has easy access to at least three NZ ports (and they have all "Inland ports" in Rolleston - just a stone throw from the Synlait factory). I assume Synlait is using more than one of them.

There are other big IF producers in the South Island (Fonterra and Westland Milk). They will as well use all of these ports (depending on who offers the best deal).

Which means that there is no point in trying to correlate the IF shipments of one port (which could come from at least 4 different sources) with the assumed business of one particular brand.
()

"Synlait actually owns the accreditations for the Chinese market, not A2. " this is the bit that I dont understand. A2 only own the marketing concept and everything else owned by SML. Most people always think a2 can go to fonterra or other supplier ...my question is how? how long others can get SAMR approval? when was the last time SAMR approved overseas IF? surely you are not expecting ATM to achieve 1B$ through DAIGOU. (Good luck with BAL's approval, I would say BUB have more chance than BAL at moment.)

it seems A2 management love to dump shares when SP goes up along with volume. I guess we are safe for now. otherwise again, we are back to stone age.:D

[winner69]

Nicely put, for some there's no convincing without hard facts, but here the only facts are a total weight of IF exported from one port. That will never satisfy an engineers mind that needs to know the precise detail.

Blackpeter an engineer ...no way

Maybe you meant to say a financial engineer

[44wishlists]

Taken from a very popular shopping mall in Hong Kong today. Shops are preparing for the "5.1 Golden Week", and can see them actively promoting Atwo by Illuma. Illuma ATwo chose Hannah Quinlivan, wife of Asian MEGA popstar Jay Chou, as their brand ambassador. Looks like the battle is intensifying.
10508

[BlackPeter]

Nicely put, for some there's no convincing without hard facts, but here the only facts are a total weight of IF exported from one port. That will never satisfy an engineers mind that needs to know the precise detail. For the rest of us, it's indicative of a positive trend, which is enough to get us through to the May results.

Pretty positive response on the SP regardless of the sideliners and teeth gnashers, just keeps on keeping on. Can't wait for the next exit and then the re-entry afterwards, if one follows A2M, might double the shareholding again or thereabouts, this is a momentum traders dream (pretty good for long termers as well, they're killing it!) ATM not so much.

You mean I need more faith :p. Which church would I need to subscribe to ...?

[Balance]

Heading towards $17.00

The word is :PANIC!:eek2:

Panic short covering, that is. :t_up:

[Leftfield]

Heading towards $17.00 The word is :PANIC!:eek2: Panic short covering, that is. :t_up:

Love it! Seems others are heeding the IF export stat's even if BlackPeter isn't! LOL. :t_up:

Great days for holders.

[winner69]

Love it! Seems others are heeding the IF export stat's even if BlackPeter isn't! LOL. :t_up:

Great days for holders.

Strong correlation in those stats and A2 sales eh leftie

Going to be a boomer H2 and better than expected FY

[see weed]

Morningstar downgrade. Must be time to buy:t_up:.

[pg0220]

Morningstar downgrade. Must be time to buy:t_up:.
LOL I see their XRO valuation is still $25.50 :lol:

[tipsy]

Parents have just tested their herd for A2 which has come back at 50% of cows, they will bring in some A2 bulls to replace the other 50%. Cost was around $4-$5 per cow for the testing. Unfortunately they can't supply anyone with A2 milk as they are outside any catchment areas but are doing this now to give them more options down the track. A lot of untapped supply out there.

[sb9]

Parents have just tested their herd for A2 which has come back at 50% of cows, they will bring in some A2 bulls to replace the other 50%. Cost was around $4-$5 per cow for the testing. Unfortunately they can't supply anyone with A2 milk as they are outside any catchment areas but are doing this now to give them more options down the track. A lot of untapped supply out there.

Nice to know that and thanks for sharing information.

[sb9]

ATM presenting at Macquaries investor conf tomorrow.

[minimoke]

Morningstar downgrade. Must be time to buy:t_up:.Best be quick. Hit $16.90 so $17.00 may not be very far away!

[777]

Best be quick. Hit $16.90 so $17.00 may not be very far away!

End of the month I reckon.

[dreamcatcher]

Posted to HC back in Feb SP heading to $16 - $18 so no surprises from me but nice to see my target price moving into range.

My cost now around a buck. Will sell a few more @ $20 if results are outstanding.

[sb9]

Hit $16 on ASX and few cents away from reaching $17 here.

[see weed]

Best be quick. Hit $16.90 so $17.00 may not be very far away!
Decided to wait and bought on close, the lot I sold last week for 15.41:confused:. Will buy more on any down days.

[minimoke]

Decided to wait and bought on close, the lot I sold last week for 15.41:confused:. Will buy more on any down days.You should do OK. NZ closed on $16.77 ASX closed on NZD$16.87

[couta1]

Morningstar downgrade. Must be time to buy:t_up:. At these lofty prices patience is your friend, in no hurry whatsoever to buy any back.

[winner69]

Bit of an update in this presentation

Sales to end of Q3 were $938m

Things still powering along

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/ATM/333852/299041.pdf

[Balance]

Bit of an update in this presentation

Sales to endbof Q3 were $938m

Things still powering along

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/ATM/333852/299041.pdf

Business as per usual, seems to be the message? Otherwise, should have been tagged as 'P'.

The presentation includes a number of updates and new information including:
- Trading performance for the 9 months to 31 March 2019 (slide 7)
- Updated outlook statement for FY19 and FY20 (slide 11)
- Regional updates for Australia & New Zealand, China and USA (slides 8 to 10)
- References to a new product to be launched in Q4 FY19 (slide 7)

[Chanchay]

Business as per usual, seems to be the message? Otherwise, should have been tagged as 'P'.

The presentation includes a number of updates and new information including:
- Trading performance for the 9 months to 31 March 2019 (slide 7)
- Updated outlook statement for FY19 and FY20 (slide 11)
- Regional updates for Australia & New Zealand, China and USA (slides 8 to 10)
- References to a new product to be launched in Q4 FY19 (slide 7)


I really do feel like this should be marked price sensitive. Regardless if they believe it to be business as usual.

I suppose we will let the market decide and see how the share price moves. I think we will see a rally on the back of this

[pg0220]

I really do feel like this should be marked price sensitive. Regardless if they believe it to be business as usual.

I suppose we will let the market decide and see how the share price moves. I think we will see a rally on the back of this

ASX marked this price sensitive. Typical incompetency of NZX

[whatsup]

++WOW after reading this presentation any person considering shorting ATM should think again, imho the future for ATM looks reasonable attractive .

[sb9]

++WOW after reading this presentation any person considering shorting ATM should think again, imho the future for ATM looks reasonable attractive .

$20 looks very gettable this year based on that presentation. BOOM :t_up::D

[silu]

I really do feel like this should be marked price sensitive. Regardless if they believe it to be business as usual.

I suppose we will let the market decide and see how the share price moves. I think we will see a rally on the back of this

As a contrarian I can see a small pull back at the moment.

[whatsup]

$20 looks very gettable this year based on that presentation. BOOM :t_up::D



So why the massive drop on opening ?

[longy]

Any else thinking of top up this stock?

[sb9]

So why the massive drop on opening ?

Pick the low hanging fruits...nothing to see there for long termers.

[bull....]

profit taking from a over brought situation

[minimoke]

profit taking from a over brought situationHad to happen at some stage. Now as good a time as any.

[Balance]

So why the massive drop on opening ?

Wait for ASX to open.

NZX is a shadow, following whatever happens in the real market - ASX.

[minimoke]

Wait for ASX to open.

NZX is a shadow, following whatever happens in the real market - ASX.The Ozzies have the advantage of digesting the presentation and their cornies over breakfast.

[Balance]

The Ozzies have the advantage of digesting the presentation and their cornies over breakfast.

Would not surprise me one little bit for one of the (increasingly desperate) shorters to sell a few shares here in NZX, and spook the nervous nelly sheep here to jump into the abyss!

[Chanchay]

As a contrarian I can see a small pull back at the moment.

I stand corrected.

Also the asb commodities weekly had just reported a significant drop in milk productions for march down 7.5% from last year

[sb9]

That new product launch for 4-12 yr age group, a2 Smart Nutrition in Aus, China and cross border e-com (CBEC) during 4Q19 should do wonders for new category penetration. Next one would be for fitness and gym groups.

[see weed]

Correct me if I'm wrong;). $16.80c+ by days end:). Grab a bargain while the goings good:D.

[JoeGrogan]

Correct me if I'm wrong;). $16.80c+ by days end:). Grab a bargain while the goings good:D.

Should be a good day for trading me thinks.

[couta1]

Wait for ASX to open.

NZX is a shadow, following whatever happens in the real market - ASX. NZX not a shadow after all. Lol

[whatsup]

FOMO is alive and kicking (at last ) !!

[couta1]

FOMO is alive and kicking (at last ) !! I couldn't resist so remounted this horse again, not sure how long the ride will be but who cares its the thrill of the race that counts.

[see weed]

I couldn't resist so remounted this horse again, not sure how long the ride will be but who cares its the thrill of the race that counts.
Yes, same here. Have noticed a new uptrend has started in the last 10 minutes. Once all the sellers have finished, where to from there...up up up $17 here we come:t_up:. Good buying in the late 15s.

[longy]

FOMO is alive and kicking (at last ) !!

Now what is wrong with that... It is one of the emotions that dragged me out of bed every morning. Lol

[Balance]

NZX not a shadow after all. Lol

Does not change the fact that NZX is a shadow of ASX - one iota. :t_up:

[couta1]

Does not change the fact that NZX is a shadow of ASX - one iota. :t_up: Your not wrong and if ATM delists eventually the shadow will turn into a storm cloud over the NZX.

[suse]

I jumped off this pony way too soon. Sadly I dont really have any money to jump back on.

[minimoke]

I jumped off this pony way too soon. Sadly I dont really have any money to jump back on.
I jumped onto this bronco a little over a year ago and have a really bruised arze to prove it. Still hanging on and enjoying the ride!

[limmy]

I should have jumped in years ago when it was way under $10 but hesitated. Finally started jumping in about a year ago and I've done okay. Wish I had started years back instead.

[couta1]

I should have jumped in years ago when it was way under $10 but hesitated. Finally started jumping in about a year ago and I've done okay. Wish I had started years back instead. The past is gone, you can only influence your future timing. PS-Count your blessings big or small.

[limmy]

The past is gone, you can only influence your future timing. PS-Count your blessings big or small.
Yes, very fortunate and I believe the A2 story has a long way to go yet.

[see weed]

I should have jumped in years ago when it was way under $10 but hesitated. Finally started jumping in about a year ago and I've done okay. Wish I had started years back instead.
No worries, I have been thinking the same since the 45c days. Every time sold some they would go back up, and have to buy them back at a higher price. Sold whole lot at 75c and had to buy back at $2+. Sold at late 2s and waited for them to come back, but they didn't and thought bugger it, so jumped back in at 7.19, that was scary at the all time high and have kept those along with the 50c ones. Got a few more at $9 kept those for now. So have traded atm 130 times since 7.19 days. Last lot bought at 14.40s sold a week later in 15. 40s and bought them back this last week from 16.16 to 16.77. That was scary. When it hits $50 to $100, we must be now in the 50c days equivalent :t_up:.

[Leftfield]

If you are wondering about ATM's stated intention of launching a 'coffee creamer' in the USA market.

While I'm unsure if ATM is talking liquid or powder, the following pic ex HC shows the potential of the liquid coffee creamer market in the USA and the leading competitor.....look out Nestle!

10516

Interesting times ahead.

[Chanchay]

Is liquid coffee creamer just milk?

[Leftfield]

Is liquid coffee creamer just milk?

More like cream than milk, and comes in various flavours. From my experience in USA homes and restaurants 'cona' or filter coffee still dominate and coffee creamer products help make such coffee more like our expresso coffee.

DYOR and Google Nestle Coffee Creamer.

Here's a glimpse of A2's product from the recent McQ presentation.

10517

[winner69]

Must be due for a few more broker upgrade of price targets ....broker analysts being left behind.

[Ggcc]

Must be due for a few more broker upgrade of price targets ....broker analysts being left behind.

I agree. This ship is sailing fast and before it reaches port at $20 (hopefully by Christmas), I hope to get a few more. I think brokers are caught with their pants down most of the time and hoping their predictions have any influence on the market. I have spoken with a lot of people in NZ and know about A2 and are hoping to buy shares in this wonderful company.

[Lewylewylewy]

Has anyone heard anything about atm in America being legally challenged by the incumbents for their claims of their milk being healthier?

[Ggcc]

Has anyone heard anything about atm in America being legally challenged by the incumbents for their claims of their milk being healthier?
All I know from being in business any publicity like this is great publicity. People are always looking for something that may help with feeling less bloated after consuming dairy. I have met 5 people so far who swear by it as a cure for their dairy consumption problem. They know there is lactose in it, but they feel no discomfort after consuming it as apposed to regular milk products.

[longy]

According Reuters Australia, NZ shares dive on Trump's vow to hike tariffs.

https://www.reuters.com/article/australia-stocks-midday/australia-nz-shares-dive-on-trumps-vow-to-hike-tariffs-idUSL3N22I095

[dr_]

According Reuters Australia, NZ shares dive on Trump's vow to hike tariffs.

https://www.reuters.com/article/australia-stocks-midday/australia-nz-shares-dive-on-trumps-vow-to-hike-tariffs-idUSL3N22I095


DOW is about to shake tomorrow... DOW Futures is down 500+ pts.... more fireworks coming

[couta1]

DOW is about to shake tomorrow... DOW Futures is down 500+ pts.... more fireworks coming It will only last until the Trumpet stops blowing.

[777]

According Reuters Australia, NZ shares dive on Trump's vow to hike tariffs.

https://www.reuters.com/article/australia-stocks-midday/australia-nz-shares-dive-on-trumps-vow-to-hike-tariffs-idUSL3N22I095

Down 1% is hardly a dive.

[Leftfield]

ATM seen as one of the best ways to get exposure to the growing China market according to this analyst. (https://www.livewiremarkets.com/wires/top-stocks-for-exposure-to-the-new-china) (video only takes 2 min to watch)

As always DYOR.

[see weed]

Bug..a. The blo.dy things going back up. We want the 15s, got my quota for the 16s, no worries, bound to be more opportunities before long:eek2:.

[minimoke]

Bug..a. The blo.dy things going back up. We want the 15s, got my quota for the 16s, no worries, bound to be more opportunities before long:eek2:.ATM a dead cert to go up and then go down rapidly and in short periods of time. The only unknown is have we seen the last of the lows at this level.

[winner69]

Not A2 related but interesting why Chinese like NZ milk and water

https://www.stuff.co.nz/business/opinion-analysis/112615967/buy-some-milk-and-get-new-zealand-for-free

[Sideshow Bob]

Nestle reporting strong sales growth with their A2 products

https://www.nutraingredients-asia.com/Article/2019/05/08/Success-from-specialisation-Nestle-China-attributes-growth-to-organic-A2-and-special-care-infant-nutrition-NPD?utm_source=EditorsSpotlight&utm_medium=email&utm_campaign=2019-05-10&c=vyBYncJCWKURAXFQ2mgcV%2F2k7I8bt5Bz

[Ggcc]

Nestle reporting strong sales growth with their A2 products

https://www.nutraingredients-asia.com/Article/2019/05/08/Success-from-specialisation-Nestle-China-attributes-growth-to-organic-A2-and-special-care-infant-nutrition-NPD?utm_source=EditorsSpotlight&utm_medium=email&utm_campaign=2019-05-10&c=vyBYncJCWKURAXFQ2mgcV%2F2k7I8bt5Bz

It is great that the word on A2 protein milk is gaining traction in Asia. I believe this is nothing but positive for the A2 milk company as it shows what the customer prefers to consume. Who knows maybe the future might be A2 only..........

[Leftfield]

Upping the gender balance on the ATM Board with rather impressive talent (https://www.directbroking.co.nz/DirectTrade/dynamic/announcement.aspx?id=5030363).

However I'm sure some will find fault.

[Baa_Baa]

Upping the gender balance on the ATM Board with rather impressive talent (https://www.directbroking.co.nz/DirectTrade/dynamic/announcement.aspx?id=5030363).

However I'm sure some will find fault.

Cracking appointment. A2 attracting superbly talented directors.

[minimoke]

Upping the gender balance on the ATM Board with rather impressive talent (https://www.directbroking.co.nz/DirectTrade/dynamic/announcement.aspx?id=5030363).

However I'm sure some will find fault.
Wont get any argument from me. (Edit - except now for Beagles post below) Great appointment. Heres the important stuff from the announcement

"Pip is a director on the boards of Westpac New Zealand, Spark New Zealand and Fisher & Paykel Healthcare. She was previously a senior partner at law firm Russell McVeagh, where she spent over ten years on the firm's board including acting as the firm's board Chair and interim CEO. A leader in the field of corporate law and in the New Zealand business community. She is the recipient of numerous industry awards including last year being named New Zealand Dealmaker of the Year at the Australasian Law Awards 2018, the only person to have won this accolade five times, and has twice been recognised as a finalist at the Women of Influence Awards.
"

[Beagle]

Upping the gender balance on the ATM Board with rather impressive talent (https://www.directbroking.co.nz/DirectTrade/dynamic/announcement.aspx?id=5030363).

However I'm sure some will find fault.
She presided as a senior partner for a very long time at Russell McVeagh which has been in the news many times in recent years for the wrong reasons.
Before anyone puts her on a pedestal they should read this. https://www.nzlawyermagazine.co.nz/news/russell-mcveagh-faces-the-music-252073.aspx
Personally I think its extremely disappointing that a senior female law partner could not have done more for her junior female staff who are widely reported to have been subjected to a completely unacceptable culture within that firm. The senior partners are directly responsible for setting the tone of the corporate culture within the firm.

[Leftfield]

Give a dog a bone......!

(Disc - LOL. Happy holder.)

[Lewylewylewy]

Lawyering up

[see weed]

Give a dog a bone......!

(Disc - LOL. Happy holder.)
When does the shorting season start?

[Leftfield]

When does the shorting season start?

Pessimists will say it's already started, optimists will say it's a non-event. What do you say?

10534

[couta1]

When does the shorting season start? Shorts low on planet ATM, if you want to see ravenous shorts in action take a look at BAL.

[see weed]

Pessimists will say it's already started, optimists will say it's a non-event. What do you say?

10534
I don't say nothing but buy buy buy. thought I did well buying in at 15.56, 60 sec later they down to 15.35. Put in another order 15.37 and back up she goes. Cat and tail situation:mellow:.

[Leftfield]

I don't say nothing but buy buy buy. thought I did well buying in at 15.56, 60 sec later they down to 15.35. Put in another order 15.37 and back up she goes. Cat and tail situation:mellow:.

Good on you See Weed.... it's been a great company and still has heaps of potential. You seem to be capitalising on the highs and lows by instinct now.

I was talking to a holder the other day who had held ATM since the IPO days. Their average holding cost was something like .12c a share... now that is some gain!

[see weed]

Good on you See Weed.... it's been a great company and still has heaps of potential. You seem to be capitalising on the highs and lows by instinct now.

I was talking to a holder the other day who had held ATM since the IPO days. Their average holding cost was something like .12c a share... now that is some gain!
Sure is. My best buy in was 47c and 49.5c Feb 2015. My worst buy in was 16.77 on 30/4/19, but still in the green about ...k:cool:.

[bull....]

$20 not to far away now

[see weed]

Congrats to all who got in yesterday in the 1530s and 40s. If you buy 5 or 10,000, that good money for a days work...or part time hobby, get in get out, hit and run, better than robbing a bank.:t_up:

[petty]

Just normal ups n downs or is there news out somewhere?

[winner69]

$20 not to far away now

Yep, looks like it

Maybe mid June

[BlackPeter]

Just normal ups n downs or is there news out somewhere?

Only Synlaits trouble at Pokeno .... though I am not sure how these can help to boost ATM's share price :confused:?

[couta1]

Only Synlaits trouble at Pokeno .... though I am not sure how these can help to boost ATM's share price :confused:? As you know the market is always right, logic doesn't come into it. PS- As I dont trust the market anymore than your garden variety car salesman(salesperson for those PC inclined) I dont care if it's right or wrong at any given point in time.

[Leftfield]

FYI paraphrasing Rohop on the HC thread, who points out;

ATM now #37 in the ASX top 50 with a market cap of $11.32bn. CEO Jayne's old company Qantas which used to sit at #46 in the ASX top 50 is currently languishing outside the ASX top 50.

Interesting times.

[see weed]

I don't say nothing but buy buy buy. thought I did well buying in at 15.56, 60 sec later they down to 15.35. Put in another order 15.37 and back up she goes. Cat and tail situation:mellow:.
It was worth the punt, up over a dollar in 2 days:t_up:. Laughing all the way to the cow shed.

[couta1]

It was worth the punt, up over a dollar in 2 days:t_up:. Laughing all the way to the cow shed.This stocks always worth the punt and you dont need a dollar to be laughing 30-40c does me with volume, I dont worry about getting the bottom or the top.

[see weed]

This stocks always worth the punt and you dont need a dollar to be laughing 30-40c does me with volume, I dont worry about getting the bottom or the top.
And it doesn't matter, whether buying or selling, if you miss the bus, It is like route 66 where I live, Point Chev. to Sylvia Park, a bus every 15 minutes.

[couta1]

And it doesn't matter, whether buying or selling, if you miss the bus, It is like route 66 where I live, Point Chev. to Sylvia Park, a bus every 10 minutes. Yes and as you can see the bus has had a wee mechanical problem this afternoon so I bought a small trip ticket and may buy another tomorrow depending on which route the bus takes then again i may get off at the next stop.

[Leftfield]

Goldman Sachs reporting that ATM now at 8% of Chinese IF market (at end April) with 63% sales increase.
Danone down 5% and Nestle down 1%. (Source HC.)

10552

[Baa_Baa]

Goldman Sachs reporting that ATM now at 8% of Chinese IF market (at end April) with 63% sales increase.
Danone down 5% and Nestle down 1%. (Source HC.)

10552

Impressive 👍😀

[Ggcc]

https://www.bloomberg.com/news/articles/2019-05-16/nestle-may-be-swimming-in-cash-after-ceo-s-biggest-disposal-q-a

I could give you a suggestion what to do with that money........

[Leftfield]

https://www.bloomberg.com/news/articles/2019-05-16/nestle-may-be-swimming-in-cash-after-ceo-s-biggest-disposal-q-a I could give you a suggestion what to do with that money........

Oh no! :scared: Don't want to lose another good kiwi company...... not yet, and not unless they pay mega $$'s

[Sideshow Bob]

Oh no! :scared: Don't want to lose another good kiwi company...... not yet, and not unless they pay mega $$'s

That $10.1b would equate to $21.00/share. Would tempt a few...….

[couta1]

That $10.1b would equate to $21.00/share. Would tempt a few...…. Sure would but I'd rather they bought my BAL shares for $15/share. Lol

[silu]

That $10.1b would equate to $21.00/share. Would tempt a few...….

Nah I wouldn't accept anything under $30.

[Sideshow Bob]

I got told recently Fonterra at the opportunity to take out A2 at 50c/share years ago. Mind due, that would have just been another complete Fonterra SNAFU if they did.

[Ggcc]

Price dropping......maybe in preparation for Hrdlicka to drop off her shares to the market. The whole market has been unsettled as a whole, but I when she drops off her shares at market rate, the share price in the short term will drop. Great buying opportunity I feel in comparison to other growth shares out there. Of course DYOR

[Yoda]

http://www.scoop.co.nz/stories/BU1905/S00754/annual-exports-to-china-top-15-billion-for-first-time.htm
l,m asuming A2M has some share of this ?

[couta1]

Starting to look oversold, haven't got any more money to chase it down so have to be happy with my avg of $16.03 for my latest good sized holding. PS-NZX looking a bit sick and boring so like Beagle off to do some real work this arvo, just a matter of time before this beauty has another run up so just need to do nothing and be patient. PPS- I'm feeling about right in my diworsification again with only 3 stocks in my portfolio.

[Sideshow Bob]

Starting to look oversold, haven't got any more money to chase it down so have to be happy with my avg of $16.03 for my latest good sized holding. PS-NZX looking a bit sick and boring so like Beagle off to do some real work this arvo, just a matter of time before this beauty has another run up so just need to do nothing and be patient. PPS- I'm feeling about right in my diworsification again with only 3 stocks in my portfolio.

No criticism here about 3! I've only got 1 these days!! (Sold everything else and some of these to fund a house build).

[see weed]

Nice little uptrend last couple of hours. Is this the start of the slow trend back to $17:t_up:.

[Ggcc]

Looks like the big boys are finishing the day

[minimoke]

Looks like the big boys are finishing the day
I know its teh end of day wash up - but isnt it nice to see a bid starting with $17

[minimoke]

May as well give trading during the day a miss. 675,000 shares crossed in the close

[sb9]

Looks like the big boys are finishing the day

I think its to do with the below...

https://www.nzx.com/announcements/335139

NZX Product Operations wishes to advise that today’s ‘Adjust’ trading session in X-stream will be extended to 45 minutes, for the NZX Main Board, Debt Market, NZAX and FSM.
This amendment has been made to accommodate the last trading date in advance of the effective date of the Semi-Annual Index Review for the MSCI Equity Indexes.
The Adjust session will operate from 5:00pm to 5:45pm. The Enquiry session start time will move to 5:45pm.

[Ggcc]

Quite interesting reading that A2 milk is now in the eye of traders, as A2 is trading on top of the Chikou line. We might get a bit of an upswing with this. I put a video up to explain the Chikou span. I am not a trader, but it sounds interesting.

https://www.youtube.com/watch?v=j-Asp6UVYRs

https://alvaradonews.com/the-a2-milk-company-limited-a2m-ax-shares-spotted-above-chikou-line/61027/

[couta1]

Quite interesting reading that A2 milk is now in the eye of traders, as A2 is trading on top of the Chikou line. We might get a bit of an upswing with this. I put a video up to explain the Chikou span. I am not a trader, but it sounds interesting.

https://www.youtube.com/watch?v=j-Asp6UVYRs

https://alvaradonews.com/the-a2-milk-company-limited-a2m-ax-shares-spotted-above-chikou-line/61027/ Its always in the eyes of traders due to its volatility, basic indicators show it's near the bottom if it's current downturn, check out the bollie bands. PS-I never look at candles.

[sb9]

Got a small top up this morning at $15.35, think its way oversold.

[couta1]

Got a small top up this morning at $15.35, think its way oversold. Great buying and yes agree.

[minimoke]

Got a small top up this morning at $15.35, think its way oversold.I wouldnt be getting too excited until we have a bit more clarity on the SML issue and any potential impact on volume supplies. May be better buying to come in the next few weeks.

[sb9]

I wouldnt be getting too excited until we have a bit more clarity on the SML issue and any potential impact on volume supplies. May be better buying to come in the next few weeks.

Sure, not saying that's bottom. It might go down further and that's okay.

And re SML issue, my bet is it'll be resolved one way or other.

[Ggcc]

I wouldnt be getting too excited until we have a bit more clarity on the SML issue and any potential impact on volume supplies. May be better buying to come in the next few weeks.
In simple I always believed that if SML could not provide the demand that ATM needed, Fonterra would step up as A2 milks backup plan. That should have been signed into the new contract deal between ATM and SML. I am not saying that is fact, just thinking logically. Of course if you are investing into ATM use facts rather than my logical thinking.

[couta1]

I wouldnt be getting too excited until we have a bit more clarity on the SML issue and any potential impact on volume supplies. May be better buying to come in the next few weeks. More concerned about the Trumpet and Macro events than the SML issue having said that it's all just noise for the patient as attested to by the Wall of Worry over time having no lasting effect on a rising market.

[minimoke]

In simple I always believed that if SML could not provide the demand that ATM needed, Fonterra would step up as A2 milks backup plan. That should have been signed into the new contract deal between ATM and SML. I am not saying that is fact, just thinking logically. Of course if you are investing into ATM use facts rather than my logical thinking.Its not so easy as you have Fonterra herd conversion issues and SML holds the key Certificates.

[allfromacell]

Its not so easy as you have Fonterra herd conversion issues and SML holds the key Certificates.

Couldn't Fonterra start supplying the Aus Daigou market which is where the bulk of the IF currently goes? That would be a worst case scenario with Synlait being unable to keep up but continuing to supply the IF going direct to China.

In any case, there's still lots of capacity at the Dunsandel plant and i'm confident Synlait will be able to meet ATM's requirements one way or another. I think this is largely a Synlait problem which shows the beauty of their capital light business model. Our shareholding of Synlait is barely material considering the market cap we now sit at.

[Sideshow Bob]

Down 42c in Australia today.

[see weed]

Down 42c in Australia today.
Up $7.13c from its low of 8.67c on 12/10/18:t_up:.

[longy]

In simple I always believed that if SML could not provide the demand that ATM needed, Fonterra would step up as A2 milks backup plan. That should have been signed into the new contract deal between ATM and SML. I am not saying that is fact, just thinking logically. Of course if you are investing into ATM use facts rather than my logical thinking.

Fonterra has a mix of farmers in their cooperative and many of them have isolated a2 cows in their herds and are working with A2 to manage those herds in a constructive way against A2 policies.

Also a2 milk that's sold in every grocery stores is coming from a2 cows in the region that the milk's being sold. The same thing is true in the US, the a2 fresh milk that we sell in the US comes from US a2 cows. The product that they sell in the UK comes from a2 cows that they have identified and are taking milk from in the UK.

Isn't that interesting? I didn't know that... I thought A2 milk only comes from NZ and AUS.

[Leftfield]

..... The same thing is true in the US, the a2 fresh milk that we sell in the US comes from US a2 cows. The product that we sell in the UK comes from a2 cows that we have identified and are taking milk from in the UK.

Isn't that interesting? I didn't know that... I thought A2 milk only comes from NZ and AUS.

Diversity of supply is one of the key strengths of ATM's 'Capital Light' International marketing stance IMO.

Made me smile when ATM SP went down in fear of Trump's tariffs some time ago..... little did they realise ATM USA is as American as pumpkin pie!

ATM's China milk supply is protected by sound free trade agreements between China and NZ/Aust.

Way to go ATM!! (Disc - Happy holder)

[nzsharetrade]

Diversity of supply is one of the key strengths of ATM's 'Capital Light' International marketing stance IMO.

Made me smile when ATM SP went down in fear of Trump's tariffs some time ago..... little did they realise ATM USA is as American as pumpkin pie!

ATM's China milk supply is protected by sound free trade agreements between China and NZ/Aust.

Way to go ATM!! (Disc - Happy holder)

Smile? Trump is trying to destroy Chinese middle class and rebuild US middle class. you really think US middle class would like A2 IF in the same way with Chinese? I assume Chinese domestic brand with overseas supply will raise.

[MauroNZ]

A few transactions of less than 10 shares. I wonder who really wants to buy those.

[couta1]

A few transactions of less than 10 shares. I wonder who really wants to buy those. Computer programs.