Thanks, temporary 100% holder over here for the last little while:t_up:
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Have been a long time holder and after the recent dip promised myself I would sell part of my holding and purchase some Serko shares.
Head tells me do it now while serko taking a dip but as A2 soars I just cannot bring myself to sell those A2 shares that have given me the roller-coaster ride.
Grrr such is life
Go on you know you want to!
FWIW SKO is my second largest holding after ATM, my logic was which share is/was more likely to double soonest from current purchase levels. Taking some of ATM's exponential gains and doubling them again is not a bad strategy. Its worked for me.
As always DYOR and make your own decisions.
Happy Valley didn’t have a good start on the ASX
HVM shares floated at 29 cents down to 13 cents shortly after trading begun
There appears to be a lot of sellers around the psychological barrier of $16, which is good once they have finished selling, then on and up to the next barrier where ever that maybe... $16.50 or $17? And still 5 weeks till half yearly. Plenty of time to get in before the next yearly high of.....$.. Have a good long weekend:cool:.
I put my toe in the water today, should've hoped on the boat about 10 years ago. Let's see where this sits in 24 months.
A2 Milk share price at a glance
It’s been a good week for a2 Milk (ASX: A2M) shareholders. In the last five sessions the A2M share price has risen a shade over 5%, closing out the week at $15.50 per share.
All up, this has proven to be quite a reversal of fortunes for the company; last November the stock hit a low of $11.31 per share.
Past price volatility aside, the investment bank UBS has today taken the chance to reiterate their 'buy' rating on a2 Milk. UBS has also retained their previously set share price target of NZ$17.00 per share.
The company is expected to release their first-half results on February 27.
Citi analysts ultimately believe that over the medium-term A2M's margins will contract as Chinese IMF competition increases and as a 'shift to direct channels' occurs.
In saying that, Citi has moderated their bearish stance in recent times: just this week upgrading their rating from ‘sell’ to ‘neutral’ and upgrading their 12-month share price target from $12.30 to $14.85 on a2 Milk.