ATM - A2 Milk Corporation Limited

[NZSilver]

Bought more yesterday, seems to be moving higher every day. Good value under $15, reasonable value at $16. Fair price around $16.50. forward pe for fy20 approx 30, pe of 35 for current fy19 which is now over. Plenty of growth left in a2 even if it's of a larger base therefore smaller percentage wise. Cash flows are very tidy, China risk hurting us a bit but I see Chinese consumers still wanting nz/aus product vs local and paying for the privilege.

[sb9]

Bought more yesterday, seems to be moving higher every day. Good value under $15, reasonable value at $16. Fair price around $16.50. forward pe for fy20 approx 30, pe of 35 for current fy19 which is now over. Plenty of growth left in a2 even if it's of a larger base therefore smaller percentage wise. Cash flows are very tidy, China risk hurting us a bit but I see Chinese consumers still wanting nz/aus product vs local and paying for the privilege.

Likewise, did another small top up y'day just to ride in with upcoming earnings report in Aug or a trading update sometime this month.

An expected (my own) 40% growth in earnings is not something to be sneezed at when most companies are struggling to grow earnings in single or low double digits.

Big thing i'll be watching from FY report is re growth momentum in the US.

[see weed]

As expected, sp drops away in aus. after our close 5pm. Like it when that happens, hopefully cheaper buy in tomorrow morning.

[Ggcc]

An article showing another great reason for farmers to change their herd to A2A2

https://www.weeklytimesnow.com.au/agribusiness/livestock-sales/dairy-cattle-sales/strong-demand-for-a2-cows-sees-400-additional-profit/news-story/ff994363ce4f90f490f1b8aec6b087d5

[Balance]

Knocking on $15.00

https://www.shortman.com.au/stock?q=a2m

The shorts are gonna get burned again!

Rest of us cannot but wonder.

[NZSilver]

Knocking on $15.00

https://www.shortman.com.au/stock?q=a2m

The shorts are gonna get burned again!

Rest of us cannot but wonder.

>6% shorted, they are on the wrong side of the momentum, enjoy the run.

[NZSilver]

Int. markets humming on trade "promises" between China and Trump. See how long it lasts. Should be good run for ATM - heading towards $15.50? Momentum continues and shorters in trouble. I still see this moving to $16 as current fair value.

[see weed]

Int. markets humming on trade "promises" between China and Trump. See how long it lasts. Should be good run for ATM - heading towards $15.50? Momentum continues and shorters in trouble. I still see this moving to $16 as current fair value.
New uptrend formed in last 2 weeks. Looks to be going up 50c a week until next update. I'm liking the look of $17 coming soon.

[Balance]

New uptrend formed in last 2 weeks. Looks to be going up 50c a week until next update. I'm liking the look of $17 coming soon.

The number of A2M shares shorted says ATM sp will reach a new high on the next update.

[Ggcc]

The shorters must being working their magic........ Oh well it was fun while it lasted, until they feel the burn off the great result coming up.

[see weed]

The shorters must being working their magic........ Oh well it was fun while it lasted, until they feel the burn off the great result coming up.
And that will be very soon, only days away.I remember the good old days...20/2/18, somebody on st reminded me of update the next day..21/2/18. So proceeded to top up very quickly and bought as many as I could with any funds I could find.It went up $5 in the follow 4 weeks. But then dropped away 6 months later allowing anyone who missed out to climb aboard.

[see weed]

The number of A2M shares shorted says ATM sp will reach a new high on the next update.
16.98 last high.

[stealthmaster]

SP rising fast

[see weed]

SP rising fast
Yes, up over a dollar in 2 weeks. Have been topping up the last few weeks:).

[dr_]

https://www.livewiremarkets.com/wires/the-two-big-themes-for-aussie-investors

[Sideshow Bob]

Based on last year, maybe should have an update by the end of the week...……??

[dompf]

The investor announcements on a2 page https://thea2milkcompany.com/investor-centre/key-dates (https://thea2milkcompany.com/investor-centre/key-dates/)/ advises an August 2019 release. I’m really looking forward to this update!

[carrom74]

Just my observation and i could be wrong...

Whenever there is a SSH notice from UBS and on the day,inadvertently or otherwise, the price falls...

[Leftfield]

The investor announcements on a2 page https://thea2milkcompany.com/investor-centre/key-dates (https://thea2milkcompany.com/investor-centre/key-dates/)/ advises an August 2019 release. I’m really looking forward to this update!

Welcome dompf may your first post be the first of many!........ thanks for the link. I suspect there are lot of people waiting not so patiently for this one!!

[dompf]

Thanks for the welcome! I’ve been lurking for a few months.

[dr_]

Just my observation and i could be wrong...

Whenever there is a SSH notice from UBS and on the day,inadvertently or otherwise, the price falls...

coz....UBS is shorters best mate :mad ;:...

[Ggcc]

Big race in Share price to start the morning. Who knows what will happen to the share price. We know the action starts when Australia markets open.

[silu]

Big race in Share price to start the morning. Who knows what will happen to the share price. We know the action starts when Australia markets open.

Looks like one of the big boys has upgraded their recommendation on ATM.

[NZSilver]

Who's that silu, all go anyway

[dreamcatcher]

Who's that silu, all go anyway

GS added to Conviction List BUY NZ$18.30

[silu]

Who's that silu, all go anyway

UBS
and also as dreamcatcher said GS has upgraded their target to A$17.40

[see weed]

GS added to Conviction List BUY NZ$18.30
If that's right,:t_up: then I'm hanging on tight and not selling any at the moment. Lets see where Aussi takes us this avo.

[see weed]

Looking at a2m depth at the moment in Aus looks like it might go up a few cents, but who knows? Somebody knows. Come on midday.

[Leftfield]

UBS and also as dreamcatcher said GS has upgraded their target to A$17.40

As we hopefully head to new highs soon, I had some fun looking back on the early posts on this thread, here's some gems;

Hoop post #274 11/4/13 "sold last week at 56c (6% profit)....reason; lowering the overall risk of my NZX portfolio..."
Snow Leopard (AKA Paper Tiger) post #302 24/04/13 "Lapping up the milk....time to buy."
Snoopy post #390 29/06/13 "at 60c I would consider A2 grossly overpriced.....I won't be paying anymore than 20c for my A2 shares."
Moosie 900 (Moosie's posts have been deleted, but this one appears quoted in another post) "sold out today $4.65 after the market refused to continue the uptrend...thanks traders for the 7%."

As they say...."if we don't learn from history we are doomed to repeat it."

[dr_]

As we hopefully head to new highs soon, I had some fun looking back on the early posts on this thread, here's some gems;

Hoop post #274 11/4/13 "sold last week at 56c (6% profit)....reason; lowering the overall risk of my NZX portfolio..."
Snow Leopard (AKA Paper Tiger) post #302 24/04/13 "Lapping up the milk....time to buy."
Snoopy post #390 29/06/13 "at 60c I would consider A2 grossly overpriced.....I won't be paying anymore than 20c for my A2 shares."
Moosie 900 (Moosie's posts have been deleted, but this one appears quoted in another post) "sold out today $4.65 after the market refused to continue the uptrend...thanks traders for the 7%."

As they say...."if we don't learn from history we are doomed to repeat it."


LOL....love this while gold....New high will be reach soon

Up so far for me 565.4%

[Ggcc]

When do you think the shorters will start covering again? This sort of news would not suit them at all..

[Sideshow Bob]

Looks like Oz on fire.....up 4.5% already

Edit, make that 4.7%

[dr_]

When do you think the shorters will start covering again? This sort of news would not suit them at all..

Shorters are on edge, just watch the show....they will help more to push the price up as soon as they start covering their shorts. few millions volumes which shorters will be running to cover :cool:

[NZSilver]

Bought more yesterday, seems to be moving higher every day. Good value under $15, reasonable value at $16. Fair price around $16.50. forward pe for fy20 approx 30, pe of 35 for current fy19 which is now over. Plenty of growth left in a2 even if it's of a larger base therefore smaller percentage wise. Cash flows are very tidy, China risk hurting us a bit but I see Chinese consumers still wanting nz/aus product vs local and paying for the privilege.

Still value here, still approx 6% shorts too. It will be messy for them.

[silu]

My first 10-bagger turns out to become a 30-bagger and hopefully well beyond.

[Balance]

Looks like Oz on fire.....up 4.5% already

Edit, make that 4.7%

Make that 6.4% !

Shorters panicking to cover!

[Sideshow Bob]

Make that 6.4% !

Shorters panicking to cover!

Back to my old Johnny favourite:

https://www.youtube.com/watch?v=It7107ELQvY

:t_up:

[winner69]

Has there been updated shipping data ex Lyttelton lately

Strong correlation between that and A2 sales growth

[hardt]

UBS and GS have been making a killing on all counts.

While holding a huge chunk of A2 they pump a ton of shorts into clients hands, hype the stock and sell down their holding to clients who cover...
Then do the opposite on the way down when news is quiet.

Bladdy brilliant

[silu]

A "breaking " financial news story on the Herald website. The word "breaking" is not meaning what it used to.
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12248401

[see weed]

New uptrend formed in last 2 weeks. Looks to be going up 50c a week until next update. I'm liking the look of $17 coming soon.
Quoted one week ago, on the day I bought my final lot of a2 shares to make my portfolio 100% a2 after selling everything else.:t_up: Boy o boy, what a day. I see a2m Aussi up about 16c after nz 5pm close. Tomorrow might be another interesting day. Congrats to all holders, UBS up $35,000,000 in one day....wow.

[see weed]

Back to my old Johnny favourite:

https://www.youtube.com/watch?v=It7107ELQvY

:t_up:
:D:t_up:Love it:t_up::D Yeeeh haaar:D That ring of fire:t_up:That ring of fire:cool:

[Leftfield]

Quoted one week ago, on the day I bought my final lot of a2 shares to make my portfolio 100% a2 after selling everything else.:t_up: Boy o boy, what a day. .

Wowee that's one gutsy call!! Congratulations !!

Well done See Weed (and I thought I was overweight with ATM at 60% of my portfolio!!)


:D:t_up:Love it:t_up::D Yeeeh haaar:D That ring of fire:t_up:That ring of fire:cool:

Speaking of Ring of Fire check out this version..... rather cool. https://www.youtube.com/watch?v=0l3dsHCScxU

A great time for holders!!

[percy]

Quoted one week ago, on the day I bought my final lot of a2 shares to make my portfolio 100% a2 after selling everything else.:t_up: Boy o boy, what a day. I see a2m Aussi up about 16c after nz 5pm close. Tomorrow might be another interesting day. Congrats to all holders, UBS up $35,000,000 in one day....wow.

Well done.!!!

[RGR367]

Wowee that's one gutsy call!! Congratulations !!

Well done See Weed (and I thought I was overweight with ATM at 60% of my portfolio!!)



Speaking of Ring of Fire check out this version..... rather cool. https://www.youtube.com/watch?v=0l3dsHCScxU

A great time for holders!!

Adam Lambert's version of Ring of Fire is something else too https://www.youtube.com/watch?v=0ziv3SL8vL4 Gutsy gay :p

[Balance]

Adam Lambert's version of Ring of Fire is something else too https://www.youtube.com/watch?v=0ziv3SL8vL4 Gutsy gay :p

He sure nailed the song in his own way or did the song nailed him in his own way? :D

[bull....]

broke the $14 support level , see what happens by end of day for significance

$14 proved a good support level for low risk entry as it failed to close below it. well positioned now for update.

[Sideshow Bob]

I heard the Blackcaps were all having A2 milkshakes at their after-match.

[Balance]

I heard the Blackcaps were all having A2 milkshakes at their after-match.

Advertising deal? Or do they just love A2 milk?

Either way, with the Blackcaps in the final, it's great stuff! :t_up:

[Snoopy]

As we hopefully head to new highs soon, I had some fun looking back on the early posts on this thread, here's some gems;

Hoop post #274 11/4/13 "sold last week at 56c (6% profit)....reason; lowering the overall risk of my NZX portfolio..."
Snow Leopard (AKA Paper Tiger) post #302 24/04/13 "Lapping up the milk....time to buy."
Snoopy post #390 29/06/13 "at 60c I would consider A2 grossly overpriced..<script id="gpt-impl-0.4398812314780828" src="https://securepubads.g.doubleclick.net/gpt/pubads_impl_2019070101.js"></script>...I won't be paying anymore than 20c for my A2 shares."
Moosie 900 (Moosie's posts have been deleted, but this one appears quoted in another post) "sold out today $4.65 after the market refused to continue the uptrend...thanks traders for the 7%."

As they say...."if we don't learn from history we are doomed to repeat it."

And the lesson we learn from this is what? Remove comments from their context so that you can re-write your own click bait version of history?

I no longer follow ATM closely because there are so many other situations where I can bring my powers of analysis to more useful effect. No-one can be an expert in everything, and I freely admit I don't have enough Chinese market knowledge to know how to identify what is 'a winning strategy' for a western company to penetrate that lucrative market. On a statistical basis you would have to bet against a western company going full force into China and western shareholders coming out on top. But statistics do not preclude exceptions to the rule.

The problem I have is that I have seen no evidence on this forum that supporters of ATM have any better understanding of the underlying workings of the Chinese market than I do. Instead buying into ATM by posters follows the forced acquisition of ATM shares by different index comes and 'analysis' is replaced by the drink fuelled camaraderie found with like minded inebriated internetters (internutters?). This is backed up by several reports I have heard of those hanging about here abusing hard liquor! Combined with the sniping at short people, an ignorant superficial misinterpretation of the Randy Newman song, the biased self blowing trumpeting has become just too tiresome to tolerate.

I shall retreat into retirement from this thread again now. Someone please wake me from the doghouse if someone pops up on this thread who knows what is going on.

SNOOPY

[Sideshow Bob]

The problem is that hindsight is alway 20/20 Snoop Dog. Jeepers, would be a rare investor that wasn't bullish on a stock that flopped (lots of those pups on the NZX), or bearish on a stock that boomed. I'm sure even the true believers are got a few calls on this thread wrong also.

Certainly ATM is a very rare beast, and many of the posters here are very entrenched in their views - many held from <$1 and some <50c. Contrarian views I think should be welcome, valued and respected. It isn't a stock that could be valued using fundamental analysis (yet) and has been priced as a growth stock with a unique proposition.

[Balance]

And the lesson we learn from this is what? Remove comments from their context so that you can re-write your own click bait version of history?

I shall retreat into retirement from this thread again now. Someone please wake me from the doghouse if someone pops up on this thread who knows what is going on.

SNOOPY

I would be highly annoyed too if anyone dug up a posting from way back, and out of context.

Critical point to note is that we are in a stock chat site so some posters do get over-exuberant at times, be it on the upside or downside, and express as such accordingly.

I do think that ATM is actually now a very well researched and well followed company with all the broking firms covering the stock.

It is certainly well worthwhile following the debate and discussions around what's happening with the company, the industry and with China - some of it is on this site, others on other sites.

Me? I believe ATM like Xero is no longer a NZX stock - its share price is driven 100% from Australia and the institutions there have a very different perspective on growth stock values.

[Sideshow Bob]

After the warm-up prelims in NZ this morning, nice bit of action straight out of the blocks in AU.

Up 32c, almost $16.

[Balance]

After the warm-up prelims in NZ this morning, nice bit of action straight out of the blocks in AU.

Up 25c, heading towards $16.

Pathetic NZX - don't even bother looking at ATM trades in the morning until ASX opens.

$16.68 now and there were NZ investors selling out at $16.21 this morning when it closed last night on ASX at $16.40.

[silverblizzard888]

NZX follows the ASX, really tells you why Xero decided they only wanted to be on the ASX full-stop

[Balance]

NZX follows the ASX, really tells you why Xero decided they only wanted to be on the ASX full-stop

Matter of time for ATM except that ATM may just decide it's better to keep their presence on NZX to promote the NZ connection - much better for food integrity than any other country.

[Snow Leopard]

As we hopefully head to new highs soon, I had some fun looking back on the early posts on this thread, here's some gems;

...
Snow Leopard (AKA Paper Tiger) post #302 24/04/13 "Lapping up the milk....time to buy."
...


Pretty sure I completely sold that lot for not much, if any, profit.

Since then a lot of milk has been drunk from the bowl and the last time I bought any they were selling for about $2.50.

Don't hold any ATM at present.
I am currently more interested in the milk products of Eastern Turkey & Georgia as well as Georgian wines.

[dompf]

ATM is a great stock - agree with the above hindsight is 20/20 if we all had this sight we wouldn’t be on this forum we would be on an island in the Mediterranean lapping up cocktails. Snoopy I’ve read your posts you are obviously very articulate and I agree taking posts out of context is silly and hysteria for the share some times takes over; I doubt it’s personal at all. But go A2M looking forward to the Aug release and hopefully we see a great result for a NZ company.

[see weed]

ATM is a great stock - agree with the above hindsight is 20/20 if we all had this sight we wouldn’t be on this forum we would be on an island in the Mediterranean lapping up cocktails. Snoopy I’ve read your posts you are obviously very articulate and I agree taking posts out of context is silly and hysteria for the share some times takes over; I doubt it’s personal at all. But go A2M looking forward to the Aug release and hopefully we see a great result for a NZ company.
I have this gut feeling that a little update may come out before August. ps welcome to st.

[Sideshow Bob]

I have this gut feeling that a little update may come out before August. ps welcome to st.

No update today - as was the corresponding day last year. Anyway, still a good week - up over 10%. :t_up:

[NZSilver]

Knocking on $17 by the way the asx looks like it's going to close.

[see weed]

No update today - as was the corresponding day last year. Anyway, still a good week - up over 10%. :t_up:
Yes, and even better if you got in 9 months ago, mid October, up over 90% :cool:. Do we really need an update?:D a2 just keeps doing what it always does... making 100s of millions of dollars.:t_up:. By the way, how much spare cash have they in the bank?:t_up::eek2::D:t_up:ps How much debt have they again?;)

[Yoda]

Could BUBS ON THE ASX go the same way? ...

[longy]

Could BUBS ON THE ASX go the same way? ...

Like A2 it has a unique product lines. Goat milk isn't new. But like A2 it both come from this side of the world, the Chinese market probably prefer them given the scandal to their local milk supply a few years ago. I think what is holding Bubs back is the approval of SMRA in China. This is where A2 has the advantage. I think and hope that Bubs will get the approval soon then I think the SP should shot up North. Personally I'm holding both A2 and Bubs. I like the story so far from both companies.

[Leftfield]

Just harking back to last week for a moment....


”And the lesson(s) we learn from this is what?“

1.)The key lesson as stated in my original post (#13283) was – “if we don’t learn from history we are doomed to repeat it.”

I would also add some more responses for Snoopy and Balance (whom I seem to have inadvertently offended);

2.)That we all should lighten up and not take our ‘expertise’ too seriously (the first sentence of my original post hinted at my intent and contained the word ‘fun’.)
3.)No one is perfect and we all make mistakes. Even ‘legendary’ posters can get things wrong occasionally.
4.)Posters and readers should always DYOR and take responsibility for their own share investment decisions.
5.)Everything posted on this forum is public knowledge. Posters can hardly be upset if they are quoted on something they said publicly. Indeed, some could argue that commenting on such quotes provides welcome opportunities for humour and alternative viewpoints.


“.. buying … ATM by posters follows …. 'analysis' .. replaced by the drink fuelled camaraderie found with like minded inebriated internetters (internutters?). This is backed up by several reports I have heard of those hanging about here abusing hard liquor!”

Tsk Tsk Snoopy, for someone who likes to get their analysis right like you, this is a gross generalisation and plain wrong. The hardest liquor I have shared with any posters is a coffee or two!

That’s all from me for a while, I’m doing a Percy and taking a break. I still hold ATM at roughly 60% of my portfolio and am having fun with ATM up over 40% in the last year.

I hope that when the next trading results are released and digested, it will be great news for holders. GLH.

[Snoopy]

Snoopy
"This is backed up by several reports I have heard of those hanging about here abusing hard liquor!”

Tsk Tsk Snoopy, for someone who likes to get their analysis right like you, this is a gross generalisation and plain wrong. The hardest liquor I have shared with any posters is a coffee or two!


No offence taken Left Field. My little attempt at rhyming humour obviously was pitched out at the wrong level. I will try to keep my replies a little more 'Plain Jane' in the future!

SNOOPY

[winner69]

No offence taken Left Field. My little attempt at rhyming humour obviously was pitched out at the wrong level. I will try to keep my replies a little more 'Plain Jane' in the future!

SNOOPY

Snoops me old mate ....maybe time for you to your analysis and humour on that other site.

They mentioned you the other day.

[Sideshow Bob]

Seems like a relatively sedate week so far, after the excitement of last week. Consolidating at current levels on average sort of volumes…..

No sniff of an update. Maybe just have to await August and the FY?

[sb9]

Seems like a relatively sedate week so far, after the excitement of last week. Consolidating at current levels on average sort of volumes…..

No sniff of an update. Maybe just have to await August and the FY?

I'm picking there may be trading update this week or else we'll have to wait until next month for FY results.

They should have a good handle on numbers for FY19 by now.

[Ggcc]

Seems like a relatively sedate week so far, after the excitement of last week. Consolidating at current levels on average sort of volumes…..

No sniff of an update. Maybe just have to await August and the FY?
Glad with these low volumes how quick the share price is heading up today hehe. Cant wait to hear the update from ATM

[allfromacell]

Market maybe impressed by the A2 Milk Company funded study released today. Promising results indeed, sample size of 80.

https://insights.ovid.com/crossref?an=00005176-900000000-96393


10681

[Sideshow Bob]

Glad with these low volumes how quick the share price is heading up today hehe. Cant wait to hear the update from ATM

Todays graph is classic - flatlines until midday, Australia opens, then "HELLO"! :p

10682

$16.98 the all-time high

[Ggcc]

Market maybe impressed by the A2 Milk Company funded study released today. Promising results indeed, sample size of 80.

https://insights.ovid.com/crossref?an=00005176-900000000-96393



10681

Thanks for that. I was wondering what could have made the share price jump so much today

[dompf]

Commentary on the asx forum is very positive full of optimism hopefully see a good lead in to the results!!!!

[NZSilver]

I had a fair value is around the 16.50 mark, which is why I have been buying over the last 6 months when it's been priced significantly lower, for fy20 $16.50 approx 35 based on consensus, I thought about selling some today but the positive news and potential way things are moving it may move towards 40-45 pe. I suspect the formula is selling very well in China, and there is still huge growth here. GS have been there on a reconaissance mission to China and upgraged their target. So I see this moving to $17.50 and then see what happens once we have some fy19 figures in front of us. Hard to find a better growing cash generator.

[Sideshow Bob]

Closed at $16.04 on the ASX - only 4c off the AUD all time high.

[ghostrider68]

Hey, why is it so quiet now, where has everybody gone? https://static.xx.fbcdn.net/images/emoji.php/v9/t60/3/16/1f61e.png

[Joshuatree]

Its kinda like back to a a set and forget stock, watching paint dry, cream clotting, bread rising, tide coming in. Meaningful announcements few and far between. Lovely chart looks to be rising gently to results next month

[Sideshow Bob]

Its kinda like back to a a set and forget stock, watching paint dry, cream clotting, bread rising, tide coming in. Meaningful announcements few and far between. Lovely chart looks to be rising gently to results next month

Think there would be a some here argue about being a 'set & forget' stock - then there are a few here trading in & out and taking plenty of opportunity on the dips.

Jeepers, last week went from $15.00 to $16.61 - if that is paint drying, I'll take it! :p

[Balance]

Think there would be a some here argue about being a 'set & forget' stock - then there are a few here trading in & out and taking plenty of opportunity on the dips.

Jeepers, last week went from $15.00 to $16.61 - if that is paint drying, I'll take it! :p

These days, there are fast drying paint (as in 30 mins) - just like quick set cement (5 mins!).

Blink, go and have a cuppa and the sp has moved 5%!

[Balance]

Closed at $16.04 on the ASX - only 4c off the AUD all time high.

$16.04 is end of day close ATH.

With shorters (based upon latest ASX short positions) doing some short coverings* as the sp races higher, I sense we will see ATM have several more ATHs leading to the results announcement in August.

* The last time shorters scrambled to cover, the sp raced from A$10.79 in Jan 2019 to A$14.27 in early March 2019 - 32% sp increase.

Beats me how the shorters think they can make money by selling low and buying back high but hi, they supply stock at cheap prices and then, buy stock at higher prices so ATM shareholders should be most grateful! :t_up:

[silu]

A while ago a 10% jump wouldn't have done that much to my portfolio but now a 10% jump is so big it makes my eyes water. There will be a time when I decide to seriously take come cream off the top but it is not at least until August.

[Joshuatree]

Think there would be a some here argue about being a 'set & forget' stock - then there are a few here trading in & out and taking plenty of opportunity on the dips.

Jeepers, last week went from $15.00 to $16.61 - if that is paint drying, I'll take it! :p

Blimen heck , i blinked:)

This has been hijacked from a hijacker (thanks btw). Pink Floyds song "Money" comes to mind for some reason:).

https://insights.ovid.com/crossref?a...00000000-96393 (https://insights.ovid.com/crossref?an=00005176-900000000-96393)

"Conclusions: Replacing conventional milk with A2 milk reduced gastrointestinal symptoms associated with milk intolerance in Chinese preschool children, with corresponding improvements in aspects of cognitive performance."

[NZSilver]

If markets continue ATM is heading to NZD mid $17's over next few weeks.

[Lewylewylewy]

... There will be a time when I decide to seriously take come cream off the top but it is not at least until August.

I think you mean "some cream". "Come cream" is a different thing lol

[silu]

I think you mean "some cream". "Come cream" is a different thing lol

hahaha. I don't even want to change that now.

[tipsy]

New ATH over the ditch.

[limmy]

New ATH over the ditch.
Sorry, what does ATH stand for ?
Thanks in advance.

[Ggcc]

Sorry, what does ATH stand for ?
Thanks in advance.
All Time High

[limmy]

All Time High
Thanks Ggcc, I wouldn't have figured it out.

[dompf]

I think we may see an ATH in NZ today - ASX has started to take off :) instead of buying a car with my handy profit i might buy a cow to ride around on, an A2 Cow because its smarter.

[NZSilver]

Be good to push through $17, if it does it should run to the approx $17.50-$17.75 in the next few weeks.

[dr_]

Wonder what happened to Bull bear!!! lots of doom & gloom here before.....Enjoy the ride...heading towards $18 soon

[see weed]

Wonder what happened to Bull bear!!! lots of doom & gloom here before.....Enjoy the ride...heading towards $18 soon
:t_up::t_up::D:t_up::t_up: I sold a 1000 for 16.55 on Monday and bought back 900 on Thursday for 16.61. The 1000 I sold was bought on 3/7/19 for 14.99.:cool:

[777]

:t_up::t_up::D:t_up::t_up: I sold a 1000 for 16.55 on Monday and bought back 900 on Thursday for 16.61. The 1000 I sold was bought on 3/7/19 for 14.99.:cool:

Is that what is called a "stop profit"?

[t.rexjr]

:t_up::t_up::D:t_up::t_up: I sold a 1000 for 16.55 on Monday and bought back 900 on Thursday for 16.61. The 1000 I sold was bought on 3/7/19 for 14.99.:cool:

Sound like the tax man/woman's making good money?

[sb9]

Couldn't quite claim the ATH today on NZX of previous $16.98, hopefully next week with a trading update.

[dompf]

Couldn't quite claim the ATH today on NZX of previous $16.98, hopefully next week with a trading update.

hopefully!!!! We were close but no cigar.

[Baa_Baa]

hopefully!!!! We were close but no cigar.

The results are not due until August, it is unlikely that a trading update will come now prior to that as we have passed the likely dates for an update to the results. You have to go on the last update which was "in line"with current growth, then extrapolate that to revenue and earnings. Either way ATM looks solid albeit a possible decline growth % as it is difficult to continue to maintain increasing growth quarter on quarter off an exceptional growth profile. The only concern to the SP in the meantime is whether the shorts on ASX mount a concerted campaign prior the August results announcement and sell the heck out of this, driving down the SP.

[Balance]

The results are not due until August, it is unlikely that a trading update will come now prior to that as we have passed the likely dates for an update to the results. You have to go on the last update which was "in line"with current growth, then extrapolate that to revenue and earnings. Either way ATM looks solid albeit a possible decline growth % as it is difficult to continue to maintain increasing growth quarter on quarter off an exceptional growth profile. The only concern to the SP in the meantime is whether the shorts on ASX mount a concerted campaign prior the August results announcement and sell the heck out of this, driving down the SP.

There has been further short coverings in the latest ASX update - even as the sp spikes higher and higher.

If one believes in the ATM story, then the shorters have been doing a huge favor so far by supplying cheap stocks and then, buying back more expensive stock!

So if you believe in the story, nothing to worry about.

[sb9]

Getting close to push thro' $17 mark.

And in the meantime, article from Prof Woodford as per below emphasises growing A2 phenomenon...

https://www.interest.co.nz/rural-news/100799/new-a2-milk-clinical-trial-children-has-big-implications-both-child-nutrition-and

Like this bit from the article...

"I had been waiting for the publication of this paper for two years. The trial itself was in 2016. It is the third of three major related pieces of research conducted in China."

[see weed]

Anybody for an ATH:).

[dompf]

Anybody for an ATH:).

Hope so, with ATM shares, we kind of have to wait for the ASX to open to see any real movement :< we are close though today!

[dompf]

And we broke the ATH

[Ggcc]

Wooohoooo new ATH...... now back to shovelling dirt.

[NZSilver]

A2 news flow is very positive at the moment. Half a dozen broker upgrades, new study published, anticipation of results. Firing on all cylinders, don't think about it to much, just let it run with the momentum.

[Balance]

Another day, another upgrade by another major broking firm - this time it's Morgans.

Up and up & burn, shorters BURN!

[see weed]

Getting close to push thro' $17 mark.

And in the meantime, article from Prof Woodford as per below emphasises growing A2 phenomenon...

https://www.interest.co.nz/rural-news/100799/new-a2-milk-clinical-trial-children-has-big-implications-both-child-nutrition-and

Like this bit from the article...

"I had been waiting for the publication of this paper for two years. The trial itself was in 2016. It is the third of three major related pieces of research conducted in China."

Keith Woodford was interviewed on ZB business report at 6.45pm tonight. All positive stuff for a2:t_up:.

[Balance]

Another day, another upgrade by another major broking firm - this time it's Morgans.

Up and up & burn, shorters BURN!

I am calling A2M to A$17.50 in the next 3 weeks as shorters scramble to cover their over-exposed position in the face of the relentless good news for ATM.

https://www.shortman.com.au/stock?q=a2m

Can be seen that shorters are well and truly caught this time (again) as they scramble to cover :

>The current phase of shorting plateaued out on 8 July at 47.88m shares when sp was $14.60.

>Shorters have been covering and on just 1.95m shares covered to 16 July, sp has moved up $1.02 to $15.62.

>ATM has powered onto A$16.42 yesterday on relatively low volume (1.39m shares on ASX).

There's still 45.934m shares shorted at the last update and the chart shows that the shorts have stabilized in the past at around 29m shares after they cover.

>So another 26m shares to be covered during the current phase - which means the sp will continue to power higher imo.

[Chanchay]

A2 news flow is very positive at the moment. Half a dozen broker upgrades, new study published, anticipation of results. Firing on all cylinders, don't think about it to much, just let it run with the momentum.

Morningstar just downgraded atm to a sell! Quick everyone sell your shares!

[Balance]

Morningstar just downgraded atm to a sell! Quick everyone sell your shares!

Let's be fair to Morningstar (for once) - they maintained their nerve and called ATM a BUY when the market took a tumble in early June because of the announcement by China of moves to shore up its own domestic IF producers.

https://www.morningstar.com/stocks/XNZE/ATM/quote

So are they right this time to downgrade?

Well, ATM has run ahead of their valuation so they are calling it as they see it.

[NZSilver]

Agreed, I think we will see $17.50 nzd soon, and nearing $18 in next few weeks, as long as there is no wider market downturn.

[777]

But in reality no one can predict the market. It has a mind of it's own.

[Balance]

Agreed, I think we will see $17.50 nzd soon, and nearing $18 in next few weeks, as long as there is no wider market downturn.

Powering on.

And there’s still plenty more pain ahead for the suppliers* of cheap stock.

* shorters

[see weed]

Up again. When will it stop? :eek2::t_up:

[dr_]

Up again. When will it stop? :eek2::t_up:

heading to $18....

[sb9]

Up again. When will it stop? :eek2::t_up:

Starting to look bit toppy now (although I love it to keep going up and up).

Skeptic in me thinks that shorts might be getting ready to hammer it down harder from these levels before the results are in.

We can probably assume that there won't be any trading update as time window for that has lapsed.

Lyttleton Port data for month of Jun'19 should be out soon. That should give us a fair idea as to how the numbers might be looking for FY '19.

[Balance]

Starting to look bit toppy now (although I love it to keep going up and up).

Sceptic in me thinks that shorts might be getting ready to hammer it down harder from these levels before the results are in.

We can probably assume that there won't be any trading update as time window for that has lapsed.

Lyttleton Port data for month of Jun'19 should be out soon. That should give us a fair idea as to how the numbers might be looking for FY '19.

It's actually the other way round as the ASX shorts report shows - they are covering rather than shorting.

Beats me why you would sell low and buy back high, but hi - happy to let them power ATM along. :t_up:

[sb9]

It's actually the other way round as the ASX shorts report shows - they are covering rather than shorting.

Beats me why you would sell low and buy back high, but hi - happy to let them power ATM along. :t_up:

In the hope that company would falter on some parameter or some black swan macro event.

[sb9]

From my diary...Jun'19 export data is due out tomorrow. Hopefully we should have clarity by Thursday on export numbers out of Lyttelton port.

[Balance]

From my diary...Jun'19 export data is due out tomorrow. Hopefully we should have clarity by Thursday on export numbers out of Lyttelton port.

Man goes out for a meeting, comes back and ATM has powered to yet another ATH.

Rather telling in the last few trading days is the lack of turnover volume on the NZX - looks like NZ shareholders have gotten tired of supplying 'cheap' stock to the ASX?

[Balance]

Agreed, I think we will see $17.50 nzd soon, and nearing $18 in next few weeks, as long as there is no wider market downturn.

Low volume with the high level of shorts in place = shorts struggling to cover imo.

One thing to watch is the volume of shares sold on ASX vs NZX. Used o be 1:1, then 2:1, then 3:1 and lately, as much as 5:1 as the supply of stock from NZX 'dries' up.

If Xero, Lion Nathan and Nufarm are any guide - means A2M is heading much much higher as demand on ASX exceeds supply from NZX.

The multiple brokers' upgrades so close to the results mean that the analysts have got the word that the forthcoming results are going to be good imo.

[Snoopy]

In the hope that company would falter on some parameter or some black swan macro event.


Oh dear, that is rather an unfortunate metaphor for A2M. Do you know how many Black Swan's there are in Australia? Not saying you are wrong though!

SNOOPY

[sb9]

From my diary...Jun'19 export data is due out tomorrow. Hopefully we should have clarity by Thursday on export numbers out of Lyttelton port.

Export data out and looks pretty good, overall growth for period Jul'18 to Jun'19 is 41.42% and courtesy of jzhuang of HC below is the snapshot.

[see weed]

Wow! good pull back. Time for all the FOMOs to jump on board before it reaches $21. This will be the 7th pull back in 23 trading days, since the close of $14.02c on 21/6/19. Once all the sellers have sold then up up and away again, don't miss out;).

[sb9]

Wow! good pull back. Time for all the FOMOs to jump on board before it reaches $21. This will be the 7th pull back in 23 trading days, since the close of $14.02c on 21/6/19. Once all the sellers have sold then up up and away again, don't miss out;).

Yep, UBS doing the helping hand for shorters by lending stock.

[Balance]

Wow! good pull back. Time for all the FOMOs to jump on board before it reaches $21. This will be the 7th pull back in 23 trading days, since the close of $14.02c on 21/6/19. Once all the sellers have sold then up up and away again, don't miss out;).

One step downwards and 5 steps upwards - that's ATM's sp movement.

[Ggcc]

Not too bothered by the pull back it did seem too good to be true and unrealistic no one would want to make a quick buck. I still think this time next year we will be over the $20 per share so not worried at all.

[dreamcatcher]

Options and Futures Expiry !8th & 25th July............

[Southern_Belle]

One step downwards and 5 steps upwards - that's ATM's sp movement.be a few steps backwards when Jane sells her shares ...... the a few steps forwards when all is ok as she has given us the heads up this time

[Ggcc]

be a few steps backwards when Jane sells her shares ...... the a few steps forwards when all is ok as she has given us the heads up this time
That is what the shorters are waiting for. Who knows what will happen

[Baa_Baa]

That is what the shorters are waiting for. Who knows what will happen

2-3 weeks after announce, if last time is anything to go by. Just wait until the results, if they’re not already priced in and are great, then the SP will respond upwards, either way though adjust a tight stop loss every day before open. Let the CEO sell news take you out, then use your chart to time a buyback (same $ as sell = more shares buy). A great way to increase holdings on pullbacks and the subsequent capital gains, while avoiding the paper loses of the pullback and the wait for a return to your high price. Better to capitalise on events like this than let them go by and suffer a few weeks or months of recovery.

Johor, glth

[sb9]

Behind paywall in NBR online today...

A2 milk demand boosts Livestock Improvement....

[Sideshow Bob]

Behind paywall in NBR online today...

A2 milk demand boosts Livestock Improvement....

Would makes definite sense to use A2 for any genetics. I know someone who recently put in a new dairy farm - everything was A2 - but supplying Fonterra.

[gbogo]

Jun19 Lyttleton Port infant formula exports reported as +36% higher than previous calendar period (from a broker note today). Is this news? or already in the market? Apologies if I missed it.

[sb9]

Jun19 Lyttleton Port infant formula exports reported as +36% higher than previous calendar period (from a broker note today). Is this news? or already in the market? Apologies if I missed it.


Export data out and looks pretty good, overall growth for period Jul'18 to Jun'19 is 41.42% and courtesy of jzhuang of HC below is the snapshot.

[Balance]

One step downwards and 5 steps upwards - that's ATM's sp movement.

And back to within striking distance of ATH.

And latest update from ASX Shorts shows shorters covering to cover at the ever higher sp.

Not getting a lot of volume from the previously eager supplier of stock - NZX!

[sb9]

And back to within striking distance of ATH.

And latest update from ASX Shorts shows shorters covering to cover at the ever higher sp.

Not getting a lot of volume from the previously eager supplier of stock - NZX!

BOOM!!! Another ATH close of $17.48.

[Snow Leopard]

....Don't hold any ATM at present....

Fixed that yesterday :t_up:

[Balance]

Fixed that yesterday :t_up:

You are a brave animal! Bravo!

[Snow Leopard]

You are a brave animal! Bravo!

Perhaps not!
Found an open Wi-Fi at Yerevan station and had several hours to kill before the sleeper left so set up a cheeky bid.
Woke this morning to discover it had been filled.

So I now need to follow it again and try and make more sensible buys instead of letting the chatter on this thread suck me in.

Disc: My time zone may differ from yours.

Come to Georgia, Kiwi's get a one year visa on arrival and it is reasonably cheap and makes good wine.
10694

Make side trips into Armenia which is more expensive.
Also spend time in Eastern Turkey.

[Balance]

Perhaps not!
Found an open Wi-Fi at Yerevan station and had several hours to kill before the sleeper left so set up a cheeky bid.
Woke this morning to discover it had been filled.

So I now need to follow it again and try and make more sensible buys instead of letting the chatter on this thread suck me in.

Disc: My time zone may differ from yours.

Come to Georgia, Kiwi's get a one year visa on arrival and it is reasonably cheap and makes good wine.

Make side trips into Armenia which is more expensive.
Also spend time in Eastern Turkey.

Enjoy, SL!

Trust the heat wave in Europe is not unpleasant for a seasoned traveler like you!

[MauroNZ]

Perhaps not!
Found an open Wi-Fi at Yerevan station and had several hours to kill before the sleeper left so set up a cheeky bid.
Woke this morning to discover it had been filled.

So I now need to follow it again and try and make more sensible buys instead of letting the chatter on this thread suck me in.

Disc: My time zone may differ from yours.

Come to Georgia, Kiwi's get a one year visa on arrival and it is reasonably cheap and makes good wine.
10694

Make side trips into Armenia which is more expensive.
Also spend time in Eastern Turkey.

Nice report but want photo isn't enough :). Enjoy it!.

[sb9]

$17.69 as I type, the gift that keeps giving :t_up:

[dr_]

$17.69 as I type, the gift that keeps giving :t_up:

will crossed to $18 before the FY result in August. What a gem.

[see weed]

$17.69 as I type, the gift that keeps giving :t_up:
Yes another ATH:). Am starting to sell a few now, so am no longer 100% of portfolio.

[sb9]

Yes another ATH:). Am starting to sell a few now, so am no longer 100% of portfolio.

Fair enough, I’ll lock some profits once it’s past $18 mark....or may be I won’t :p

[Leftfield]

Fair enough, I’ll lock some profits once it’s past $18 mark....or may be I won’t :p

Well done holders.....crikey what a ride! Big UP’s to sb9 and see weed for consistently calling this one. You have been a big help to me over the last 5 yrs of holding.

Speaking of selling down, I’ve been trying to lower my 70% holding ... but the SP keeps rising and now some of my diversification picks such as PLX, SKO and VGL are also booming! Great problem to have and Long may it last. :t_up:

[777]

Yes another ATH:). Am starting to sell a few now, so am no longer 100% of portfolio.

You are still 100% until you buy something else.

[Balance]

Still 45m shares shorted and they are going to have to be covered if ATM announces a dividend - imagine where the sp gets to then!

$20 would be easy!

[silu]

The mind boggles when you think how much cash they are generating.

[sb9]

Well done holders.....crikey what a ride! Big UP’s to sb9 and see weed for consistently calling this one. You have been a big help to me over the last 5 yrs of holding.

Speaking of selling down, I’ve been trying to lower my 70% holding ... but the SP keeps rising and now some of my diversification picks such as PLX, SKO and VGL are also booming! Great problem to have and Long may it last. :t_up:

Thanks for your kinds words lf, very humbling. Even I couldn’t script it any better after investing nearly 5 yrs back into this beaut. Management has been been absolutely on top of their game starting with Geoff and now Jayne. And not mention other key people like Peter and Susan.

Awesome company with great products with superior management.

[NZSilver]

Should push past $18nzd very soon. Through $17 on ASX which is an important phycological point. Momentum very good on this one. Let it Run....

[see weed]

Well done holders.....crikey what a ride! Big UP’s to sb9 and see weed for consistently calling this one. You have been a big help to me over the last 5 yrs of holding.

Speaking of selling down, I’ve been trying to lower my 70% holding ... but the SP keeps rising and now some of my diversification picks such as PLX, SKO and VGL are also booming! Great problem to have and Long may it last. :t_up:
Thank you. Up $3.70c in 5 weeks and 1 day. Might have to buy back the ones sold on next dip before results:eek2:. If there is a dip. Lots of people have made lots of $s out a this one :t_up:.

[bull....]

Thank you. Up $3.70c in 5 weeks and 1 day. Might have to buy back the ones sold on next dip before results:eek2:. If there is a dip. Lots of people have made lots of $s out a this one :t_up:.

the $14 support low entry has proved a windfall , still no sell off signals yet. announcement key i think

[RTM]

Thank you. Up $3.70c in 5 weeks and 1 day. Might have to buy back the ones sold on next dip before results:eek2:. If there is a dip. Lots of people have made lots of $s out a this one :t_up:.

And largely untaxed....does that seem right ?

[Balance]

And largely untaxed....does that seem right ?

Same question should be asked of the horrendous losses suffered by the billions of dollars lost in finance companies, Wynyard, Feltex, CBL, Intueri, Pumpkin Patch, Pike River etc etc.

Sauce for the goose is sauce for the gander.

[Bjauck]

And largely untaxed....does that seem right ? Much more is made from untaxed imputed rent and the capital gains from owner-occupied real estate. That is a whopping subsidy provided by those who earn taxable income but who do not own their own housing. Total ATM capital gains (and the NZ share market in general) are peanuts by comparison.

[Sideshow Bob]

Lots of milky A2 goodness in this weeks Farmers Weekly. 3 articles to enjoy. :t_up:

Pages 5 and 21.

https://issuu.com/farmersweeklynz/docs/fw_29-07_issuu/1?ff

Wonder if farmers read this and convert, or read it and go and buy shares??

60 more farms in the Waikato producing A2...…..

[sb9]

Looks of milky A2 goodness in this weeks Farmers Weekly. 3 articles to enjoy. :t_up:

Pages 5 and 21.

https://issuu.com/farmersweeklynz/docs/fw_29-07_issuu/1?ff

Wonder if farmers read this and convert, or read it and go and buy shares??

60 more farms in the Waikato producing A2...…..

Thanks for sharing...very informative about changing trends and ever growing popularity of A2 milk concept.

[dompf]

This run is scary about to break $18. If party if I didn’t have a nosebleed coming on!

[Ggcc]

One more cent you can do it!!!!!!!!!

[dompf]

And here we are $18 geez what a run. Kind of hope it doesn’t over exhaust itself before results!

[longy]

And largely untaxed....does that seem right ?

It comes down to frequency of trading and the intention at the point of purchase. Best practice is to have two accounts one trading and one investment and good clean record of trades. That is what I have now. One I probably sell once a year if at all and the other account where I having a ball with.

[sb9]

And here we are $18 geez what a run. Kind of hope it doesn’t over exhaust itself before results!

If anything its shorters who will be exhausted not the Company. The recent increase in price is mostly due to shorts covering their position in a hurry before the results are due out next month.

A similar pattern would see sp cruise past $20 in the short term (not trying to ramp up) and when results are out there will be concerted effort from shorts again to push it down depending numbers and outlook.

[NZSilver]

Was at midpoint of my top valuation, sold out at $17.99.

[see weed]

And largely untaxed....does that seem right ?
Yes, it does seem right. You only pay tax if you sell as a trader and make a profit. If you keep long term, then it is like property. If I buy and sell property short term, then I pay tax on it, if it is long term, then no tax. 50% of my portfolio is long term. All my tax and provisional is paid up for this year, but will work on getting some back as a refund next time round;).

[RTM]

It comes down to frequency of trading and the intention at the point of purchase. Best practice is to have two accounts one trading and one investment and good clean record of trades. That is what I have now. One I probably sell once a year if at all and the other account where I having a ball with.

I've been trying not to respond as my rhetorical question is one about our tax system, our current government and the missed opportunity (IMO) to make our tax system fairer, not about ATM. On a personal basis I'm pleased they passed on this issue.

Well done all holders....I missed this completely...other than via Synlait which I no longer hold.
I am quite envious.

[longy]

I've been trying not to respond as my rhetorical question is one about our tax system, our current government and the missed opportunity (IMO) to make our tax system fairer, not about ATM. On a personal basis I'm pleased they passed on this issue.

Well done all holders....I missed this completely...other than via Synlait which I no longer hold.
I am quite envious.

Hopefully we won't have another in depth convo on Tax here. I felt kinda bad since the last time I brought it up on this thread...

RTM... I ask an friend of mine why he loves playing golf, his reply was it helps him to deal with disappointments in life... Then I said to him playing the share market is giving me that skills too. :)

Being disappointed is just part of this game I think. BTW "The next outstanding stock is just around the corner as some have said it"

[see weed]

I am logged into ASB securities trading. It shows the share price, and next to that is the number showing whether it is up or down. But what is the meaning of the little * that comes after the up or down number:confused: ?

[kiora]

I am logged into ASB securities trading. It shows the share price, and next to that is the number showing whether it is up or down. But what is the meaning of the little * that comes after the up or down number:confused: ?

(too small for price setting) ?

[BigBob]

I am logged into ASB securities trading. It shows the share price, and next to that is the number showing whether it is up or down. But what is the meaning of the little * that comes after the up or down number:confused: ?

I wondered the same... 🤔 However, it looks like it is an asterisk for a footnote (just below) that states that the change is calculated from the previous days close, and includes adjustments (or words to that effect)...

[Balance]

$18.02 - there she blows!

And on light volume today so the shorts are really starting to panic!

[dr_]

$18.02 - there she blows!

And on light volume today so the shorts are really starting to panic!

just hit $18.04....

CITI was covering some of the mini-shorts yesterday :)

[Balance]

just hit $18.04....

CITI was covering some of the mini-shorts yesterday :)

Good luck to the 40m+ shorts trying to cover before results come out in August.

She has $20 written all over her. :t_up:

[dompf]

Good luck to the 40m+ shorts trying to cover before results come out in August.

She has $20 written all over her. :t_up:

that would be fantastic @20; I bought a large group of shares just before upgrade at $15.25; what a great run! Thank you a2 moo cows.

[Southern_Belle]

this is good news for all holders, wish I could read the full article:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12254141

Results: Subjects who consumed A2 milk had significantly less severe gastrointestinal symptoms as measured by visual analog scales, reduced stool frequency, and improvements in stool consistency, compared with subjects consuming conventional milk. There were significant increases from baseline in serum interleukin-4, immunoglobulins G, E, and G1, and beta-casomorphin-7 coupled to lower glutathione levels, in subjects consuming conventional rather than A2 milk. Subtle Cognitive Impairment Test analysis showed significant improvements in test accuracy after consumption of A2 milk. There were no severe adverse events related to consumption of either milk product.
Conclusions: Replacing conventional milk with A2 milk reduced gastrointestinal symptoms associated with milk intolerance in Chinese preschool children, with corresponding improvements in aspects of cognitive performance.

[Sideshow Bob]

this is good news for all holders, wish I could read the full article:
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12254141

Results: Subjects who consumed A2 milk had significantly less severe gastrointestinal symptoms as measured by visual analog scales, reduced stool frequency, and improvements in stool consistency, compared with subjects consuming conventional milk. There were significant increases from baseline in serum interleukin-4, immunoglobulins G, E, and G1, and beta-casomorphin-7 coupled to lower glutathione levels, in subjects consuming conventional rather than A2 milk. Subtle Cognitive Impairment Test analysis showed significant improvements in test accuracy after consumption of A2 milk. There were no severe adverse events related to consumption of either milk product.
Conclusions: Replacing conventional milk with A2 milk reduced gastrointestinal symptoms associated with milk intolerance in Chinese preschool children, with corresponding improvements in aspects of cognitive performance.

Likely a rehash of the report that came out recently - Prof Keith's article on it, page 21 - https://issuu.com/farmersweeklynz/do...-07_issuu/1?ff (https://issuu.com/farmersweeklynz/docs/fw_29-07_issuu/1?ff)

[see weed]

Good luck to the 40m+ shorts trying to cover before results come out in August.

She has $20 written all over her. :t_up:

Just another little pull back before it rises to the next ATH. I am liking these down days. Bought back 3 lots today 17.80, 17.74 + 17.66. Tried to get some at 17.60 but it was moving too fast. I don't know about $20. Think $21 looks better:).

[JimmyTrade]

Thats a lot of movement... I guess with recent media coverage and release of the China 3 study....

But how much more traction could a2 milk have!

[sb9]

Just another little pull back before it rises to the next ATH. I am liking these down days. Bought back 3 lots today 17.80, 17.74 + 17.66. Tried to get some at 17.60 but it was moving too fast. I don't know about $20. Think $21 looks better:).

Can get plenty today at much lower than that of y'day :)

[sb9]

In NBR online today behind paywall...
Beauty of A2’s brand is in eye of the beholder (https://www.nbr.co.nz/analysis/beauty-a2-s-brand-eye-beholder)....

[see weed]

Can get plenty today at much lower than that of y'day :)
Yes, thinking the same thing.

[see weed]

Can get plenty today at much lower than that of y'day :)
Just scored some at 17.39:).

[NZSilver]

Just scored some at 17.39:).

Thank you trump and his completely unpredictable behavior. I sold out $17.99 on fundamental basis, (My top range fair value is 17.50-18.50 on aggressive growth stock multiples, $16.50-17.50 on forward multiples I'm comfy with but let is run as momentum was strong) See weed, I suggest you keep some powder dry, I would say it could go near or below 17. Market Sell off may continue in US tonight and we may have a down day Monday. I suspect there will be buying opportunities in the future.

[NZSilver]

if you want to follow in the "A" ticker category, ANO:ASX, could be all go if results stack up tonight.

[see weed]

This is captain see weed.Hope you had a good day. We are cruising at 1752 and slowly coming to the surface. All hands on deck. Up periscope, to see where we are:).

[allfromacell]

Thank you trump and his completely unpredictable behavior. I sold out $17.99 on fundamental basis, (My top range fair value is 17.50-18.50 on aggressive growth stock multiples, $16.50-17.50 on forward multiples I'm comfy with but let is run as momentum was strong) See weed, I suggest you keep some powder dry, I would say it could go near or below 17. Market Sell off may continue in US tonight and we may have a down day Monday. I suspect there will be buying opportunities in the future.


The stock is being surprisingly resilient with a big down day in the US last night and futures pointing to another red day tonight. Usually ATM gets punished in times like this but it looks like it might even close green in Aussie... Maybe someone knows something?

I also took some off the table and sold 20% of my holdings at around $18. I feel better emotionally as my holding were massive compared to the rest of my portfolio but I get the impression from the market this ain't done running yet. We've got results to look forward to in a few weeks plus an strategy forum being held in September when we'll likely find out whats in-store for the massive pile of cash. History also shows this stock usually runs further after the results and rarely results in a 'sell the news scenario'.

Time will soon tell but the old saying 'let your winners run' usually proves to be good advice, especially with this stock. In saying that there is never anything wrong with taking some profit.

Good luck holders :D

P.S - lets also not forgot about those shorts with still over 40M outstanding!

[dr_]

The stock is being surprisingly resilient with a big down day in the US last night and futures pointing to another red day tonight. Usually ATM gets punished in times like this but it looks like it might even close green in Aussie... Maybe someone knows something?

I also took some off the table and sold 20% of my holdings at around $18. I feel better emotionally as my holding were massive compared to the rest of my portfolio but I get the impression from the market this ain't done running yet. We've got results to look forward to in a few weeks plus an strategy forum being held in September when we'll likely find out whats in-store for the massive pile of cash. History also shows this stock usually runs further after the results and rarely results in a 'sell the news scenario'.

Time will soon tell but the old saying 'let your winners run' usually proves to be good advice, especially with this stock. In saying that there is never anything wrong with taking some profit.

Good luck holders :D

P.S - lets also not forgot about those shorts with still over 40M outstanding!

Shorts are covering in AU...and possible inclusion to ASX50 soon

[NZSilver]

Yes, very resilient. It has strong support. Still might head back towards $17 if we are lucky.

[see weed]

Thank you trump and his completely unpredictable behavior. I sold out $17.99 on fundamental basis, (My top range fair value is 17.50-18.50 on aggressive growth stock multiples, $16.50-17.50 on forward multiples I'm comfy with but let is run as momentum was strong) See weed, I suggest you keep some powder dry, I would say it could go near or below 17. Market Sell off may continue in US tonight and we may have a down day Monday. I suspect there will be buying opportunities in the future.
Good call, very quiet around here today. Will buy some more today as price lowers:cool:.

[Ggcc]

Those pesky shorters are getting it their way. Oh well no burning for them today

[NZSilver]

Back in as my order got met. China just banned all agriculture imports from the USA. Trade war knock out punch. I'm not sure how the markets will react but it could get very turbulent. I may have bought back in too soon. The current cold snap might be more than just weather related.

[Ggcc]

Back in as my order got met. China just banned all agriculture imports from the USA. Trade war knock out punch. I'm not sure how the markets will react but it could get very turbulent. I may have bought back in too soon. The current cold snap might be more than just weather related.
Wow that is huge for the whole agricultural industry in US. Do you have a link for this? 9.3 billion dollar worth in trade from US to China, poof gone... Should be great for A2 one would think

[dompf]

Wow that is huge for the whole agricultural industry in US. Do you have a link for this? 9.3 billion dollar worth in trade from US to China, poof gone... Should be great for A2 one would think

I was looking for this as well, I did find this from a few hours ago

https://www.bloomberg.com/news/articles/2019-08-05/china-asked-state-buyers-to-halt-u-s-agriculture-imports

[NZSilver]

Here's the link, I got told second hand, it turns out it is any state owned company suspending agriculture purchases. Still very significant as generally large Chinese corporates are state owned. https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-08-05/china-asked-state-buyers-to-halt-u-s-agriculture-imports

[see weed]

WOW. Time to buy some more when Aussi opens.

[Ggcc]

Here's the link, I got told second hand, it turns out it is any state owned company suspending agriculture purchases. Still very significant as generally large Chinese corporates are state owned. https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-08-05/china-asked-state-buyers-to-halt-u-s-agriculture-imports
Thanks for that and to you as well dompf.

Terrible to see these drops today for holders, great news for the shorters.

[see weed]

Here's the link, I got told second hand, it turns out it is any state owned company suspending agriculture purchases. Still very significant as generally large Chinese corporates are state owned. https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-08-05/china-asked-state-buyers-to-halt-u-s-agriculture-imports
And if they don't buy off the US, then who are they going to buy off. Has NZ got anything we can sell them;).

[longy]

Thanks for that and to you as well dompf.

Terrible to see these drops today for holders, great news for the shorters.

By the way it is going will the support be around $14???

[dompf]

Looks like overall market playing bumper cars this week; should be an interesting week to say the least, lots of jostling between China and the US.

[Leftfield]

While today's SP slump hurts holders, I can't help thinking that ATM is well positioned in the new world of trade wars. Time will tell.

In the meantime it's a good time for ATM shorters to make some money and close out prior to the results announcement. Traders will trade. Holders will hold.

[Balance]

While today's SP slump hurts holders, I can't help thinking that ATM is well positioned in the new world of trade wars. Time will tell.

In the meantime it's a good time for ATM shorters to make some money and close out prior to the results announcement. Traders will trade. Holders will hold.

http://www.financetwitter.com/2019/06/what-trump-does-not-want-his-supporters-to-know-china-lowered-tariffs-to-everyone-except-the-united-states.html

Exactly.

In the new trade world order which will emerge from Trump's follies, we will see many winners - US as a country will not be one of them but ATM & NZ* will be.

* Provided there's a new government in 2020.

[Southern_Belle]

Keep calm & invest in quality. Interest rate reduction announcement (??) .... holders of cash will be looking to invest their hard earned somewhere other than term deposits.

[Ggcc]

Keep calm & invest in quality. Interest rate reduction announcement (??) .... holders of cash will be looking to invest their hard earned somewhere other than term deposits.
I agree. This company has an amazing track record and it only seems to go from strength to strength. I think A2 management will cautiously look into what is happening, but I think the demand for A2 IF in China for the future is far greater than people think. We will find out in a couple of weeks, until then we will let the shorters play their game and the people who are panicking. I will continue to hold.

[Southern_Belle]

I agree. This company has an amazing track record and it only seems to go from strength to strength. I think A2 management will cautiously look into what is happening, but I think the demand for A2 IF in China for the future is far greater than people think. We will find out in a couple of weeks, until then we will let the shorters play their game and the people who are panicking. I will continue to hold.and of course our Jayne with her steel b*lls isn't going to listen to all the white noise going on ..... full steam ahead. Looking forward to the results announcements.

[dompf]

I agree. This company has an amazing track record and it only seems to go from strength to strength. I think A2 management will cautiously look into what is happening, but I think the demand for A2 IF in China for the future is far greater than people think. We will find out in a couple of weeks, until then we will let the shorters play their game and the people who are panicking. I will continue to hold.

This is sage advice

[davflaws]

http://www.financetwitter.com/2019/06/what-trump-does-not-want-his-supporters-to-know-china-lowered-tariffs-to-everyone-except-the-united-states.html



In the new trade world order which will emerge from Trump's follies, we will see many winners - US as a country will not be one of them but ATM & NZ* will be.

* Provided there's a new government in 2020.

Why will the present government disqualify us to be a winner in a new trade world order?

[Balance]

Why will the present government disqualify us to be a winner in a new trade world order?

Because this present government is anti-China.

[whatsup]

Because this present government is anti-China.

Bal, there is nothing wrong with being Anti China, China like all leftie govts is one big lie !!

[Balance]

Bal, there is nothing wrong with being Anti China, China like all leftie govts is one big lie !!

And the US & NZ are one big truth?

Example 1 - Hypocrisy oozing out of every pore of this Miss Know It All.

https://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=12256255

Example 2 - The right hand just bit the left hand & plenty of lies being used to cover up.

https://www.nzherald.co.nz/opinion/news/article.cfm?c_id=466&objectid=12256356

China is the singular reason why NZ was able to ride through the GFC & Christchurch earthquakes relatively smoothly and is the biggest market now for so many of NZ's products & services.

Why bite the hands that feed you?

Remember how the UK sided with France over the Rainbow Warrior terrorism incident? That's what 'friends are for?

[whatsup]

And the US & NZ are one big truth?

China is the singular reason why NZ was able to ride through the GFC & Christchurch earthquakes relatively smoothly and is the biggest market now for so many of NZ's products & services.

Why bite the hands that feed you?

Remember how the UK sided with France over the Rainbow Warrior terrorism incident? That's what 'friends are for?

Bal , Once again you are sooooo wrong, the reason that N Z was able to ride through the GFC and the Ch-Ch earth quake was because of the guiding hand at that time, one John Key, a brilliant N Zer !!

[Balance]

Bal , Once again you are sooooo wrong, the reason that N Z was able to ride through the GFC and the Ch-Ch earth quake was because of the guiding hand at that time, one John Key, a brilliant N Zer !!

Don’t disagree with you about John Key but he would have been able to do bugger all if China did not become the major export market for NZ - thanks to Helen Clark’s foresight in signing NZ up as China’s first FTA partner.

[Balance]

Don’t disagree with you about John Key but he would have been able to do bugger all if China did not become the major export market for NZ - thanks to Helen Clark’s foresight in signing NZ up as China’s first FTA partner.

Exactly like ATM - but for China, ATM would still be okay but forget about the multi-billion dollar valuation.

And we have a government here which currently bad-mouths China at every opportunity available until China sent a warning shot at the beginning of the year.

For the sake of NZ, let's get our exports diversified first before we dance to the American & Australian tune.

Example : China now takes 80% of NZ's log exports and I can tell you (directly from one of the biggest private owners of forestry in NZ) that the smart ones (NZ) in the forestry industry diversified years ago to provide log supplies from Russia & Scandinavia on the one hand, and supply logs to India, Korea & Vietnam on the other.

[steveb]

the price is starting to tank again from a high of $17.12 it's now $16.29,so the big question is shorters or a genuine reason?

[see weed]

Wow, just bought my 2nd lot today for 16.29. As soon as I bought the first lot at 16.53, they dropped 10c. Yippy yih yah, what a ride, and loving every dip:t_up:.

[dreamcatcher]

Just daily noise as no volume................

[44wishlists]

Just daily noise as no volume................

With 3134K in the ASX... I don't call that with "no volume". Albeit, no point at looking at ATM on NZX.

[couta1]

Stock being worked by Instos and shorters currently in the lead up to the result, same behaviour repeats like clockwork. PS-Let the panickers panic while you stay calm.

[see weed]

Stock being worked by Instos and shorters currently in the lead up to the result, same behaviour repeats like clockwork. PS-Let the panickers panic while you stay calm.
Welcome back couta1, how did the skiing go? Just love the shorters making it easy to pick up a bargain here and there. Have just bought another lot at 16.14:).

[Leftfield]

Stock being worked by Instos and shorters currently in the lead up to the result, same behaviour repeats like clockwork. PS-Let the panickers panic while you stay calm.

Welcome back Couta.

Agree, very much a time to "keep calm and carry on." Indeed, wake me up when the results are out.

A real education watching the manipulation going on the depth charts. I also note that Mitsubishi Investments are now major shareholders (at 7.5% )

Their strength in the share holders register is another positive for ATM.

[Baa_Baa]

I also note that Mitsubishi Investments are now major shareholders (at 7.5% )

Their strength in the share holders register is another positive for ATM.

To be clear, Mitsi got its shareholding by acquisition as opposed to buying on market. So no change in large shareholdings except in name. Agree though, the register is very robust. Remember these big insto's are fighting each other every day with their bot armies, so as a minnow it's best imo to just wait until one or other has beaten the SP to a pulp and then slip a buy order in. The volatility they create is a blessing for accumulators. Traders will also enjoy the swings.

[couta1]

Welcome back couta1, how did the skiing go? Just love the shorters making it easy to pick up a bargain here and there. Have just bought another lot at 16.14:). Thanks see weed & Left Field(I feel a bit like the Prodigal son) Snow was a bit thin on the ground but still did all the skiing I wanted to, going back down in 3 wks and it will be epic with all the recent snow, a bit like the upcoming A2 result I reckon.

[dompf]

To be clear, Mitsi got its shareholding by acquisition as opposed to buying on market. So no change in large shareholdings except in name. Agree though, the register is very robust. Remember these big insto's are fighting each other every day with their bot armies, so as a minnow it's best imo to just wait until one or other has beaten the SP to a pulp and then slip a buy order in. The volatility they create is a blessing for accumulators. Traders will also enjoy the swings.

thanks Baa baa for commentary; I was wondering around misti shareholding but it probably took me a lot longer than you to see this; I agree let the big boys fight it out and slip in when there’s an opportunity you see to grab a few more shares and enjoy the ride of a great company.

[Sideshow Bob]

Thanks see weed & Left Field(I feel a bit like the Prodigal son) Snow was a bit thin on the ground but still did all the skiing I wanted to, going back down in 3 wks and it will be epic with all the recent snow, a bit like the upcoming A2 result I reckon.

There was quite a bit of snow at Bethells Beach today!! :eek2::cool:

But was up on the real snow today. Better after the weekend, but in need of more.....

[Baa_Baa]

Not sure why NZX isn’t showing it but ATM results due 21st August, should be a cracker ... “in line with” previous growth. No subsequent change to guidance, so That’s 1.3+ … shareholders will be happy. ATM is a star performer, it’s not about you can’t have too many, it’s about do you have some!

[Ggcc]

And once again we wait on Australia. Another down day by the looks

[couta1]

And once again we wait on Australia. Another down day by the looks Kiwis getting a bit exhuberant as they have nearly every morning this week and them slam dunk once the Aussie opens. Lol

[Balance]

And once again we wait on Australia. Another down day by the looks

Why?

Three days of ups in NZ to be taken down when ASX opened - today could be different!

[couta1]

Why?

Three days of ups in NZ to be taken down when ASX opened - today could be different! Excepting its Friday.PS-Instos and Shorters are all over the stock currently, the kiwi buyers obviously aren't checking the exchange rate or the depth chart on the ASX.

[Beagle]

Why?

Three days of ups in NZ to be taken down when ASX opened - today could be different!

When I was a young accountant the senior partner once cautioned me, "the tail never wags the dog". Seems an apt cliché to quote after events of the last few days... and I am not just talking about ATM.

[Sideshow Bob]

And once again we wait on Australia. Another down day by the looks

Up 30c at the moment? (but dropping)

[couta1]

Up 30c at the moment? (but dropping) Lol bidding $16.47 as we speak when the Aussie is still at $16 NZ equivalent with 15 mins to go.

[Balance]

Lol bidding $16.47 as we speak when the Aussie is still at $16 NZ equivalent with 15 mins to go.

Some market manipulation going on?

Shorts have gone back up marginally on the last ASX update which suggest that shorters are happy to hold their positions.

Means no short coverings = selling from holders.

[Ggcc]

I think you will find the big boys are shaking the tree and hopefully taking people's shares with them. Before the YTD totals come out this month

[couta1]

I think you will find the big boys are shaking the tree and hopefully taking people's shares with them. Before the YTD totals come out this month That's the one.

[Ggcc]

That's the one.
And down she goes

[Balance]

And down she goes

So the pattern of up on NZX before ASX slams it down continues.

[sb9]

So the pattern of up on NZX before ASX slams it down continues.

Good healthy correction just in time for results.

[44wishlists]

So the pattern of up on NZX before ASX slams it down continues.


You would have to wonder why anyone would buy on the NZX before the ASX opens??

[see weed]

Bought some at 16.07, now expect it to drop 10c or 20c as usual:).

[couta1]

You would have to wonder why anyone would buy on the NZX before the ASX opens?? Certainly once the Aussie depth chart starts matching, the smell of manipulation was strong in the air.

[Snow Leopard]

Bought some at 16.07, now expect it to drop 10c or 20c as usual:).

Orders in at $15.97 & $15.87

[Balance]

Good healthy correction just in time for results.

Yup - stock at $16 is still 43% higher than on 1 Jan 2019 and 95% higher than on 1 Jan 2018.

I suspect that some instos are simply lightening off heavily overweight positions in ATM after the spectacular runs the stock have had - prudent thing to do in the kind of market we are currently having!

[steveb]

Yes I am looking to pick some up,but once it goes under the $15.00(In Aus) currently $15.28 it could go for another 50c slide.

[couta1]

Yup - stock at $16 is still 43% higher than on 1 Jan 2019 and 95% higher than on 1 Jan 2018.

I suspect that some instos are simply lightening off heavily overweight positions in ATM after the spectacular runs the stock have had - prudent thing to do in the kind of market we are currently having! I dont reckon more like what Ggcc said in post #13485.

[couta1]

Orders in at $15.97 & $15.87 Tick for the first order and I see you have pulled or moved your 2nd one.

[Balance]

Yes I am looking to pick some up,but once it goes under the $15.00(In Aus) currently $15.28 it could go for another 50c slide.

Bellamys and Bubs on ASX getting sold down as well so I do think it is simply fundies lighting up their China exposure after a good run in the stocks.

[Balance]

I dont reckon more like what Ggcc said in post #13485.

There's definitely an element of spooking NZX holders at play to supplying stock.

[couta1]

Bellamys and Bubs on ASX getting sold down as well so I do think it is simply fundies lighting up their China exposure after a good run in the stocks. BAL has not had a good run and is currently the #3 most shorted stock on the ASX(Was #2 a week ago) in fact it's one of the most volatile stocks on the planet.