The key sentences there are "We like the Long term A2 story" and "A2 still stacks up over the long term" News flash A2 has always been a long term investment and will reward holders accordingly, short term it is a Game of Thrones.
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So just be silent and let the trolls troll. I am invested as well, but will not fight bull or beagle or anyone who disagrees with me every day. Ps I am not calling them trolls lol. Shorters and traders make money in the short term and we will make money in the longterm. Just be happy everyone is making money. 😊
Agree. Sticking to my posts on 28 / 29 September. The time to top up on A2 will be when 'the time is right' and SP stability returns. That isn't going to happen short term with market nervousness and uncertainty surrounding A2's trading. I predict the SP will jump 10%+ on the day that A2 announces that the trading uncertainty of the covid environment is diminishing, and prospects for the future have 'normalised' with a positive outlook. That is still some time away obviously, but not being invested where you want to be before that day by trying to be too 'cute' with your timing of the market means missing out on the easy money of first leg of the recovery. In the overall scheme of things, a year of weak SP performance is but a minor blip and an opportunity to ride the recovery. You can analyse and agonise all you like in the meantime, but the recovery will come. Just be part of it and get in before lift off.
Not going to be silent if I discern the motives of posters is tainted in order to try and cause weaker holders to sell their shares unnecessarily, this site is relatively Troll free compared to HC where you have not only garden variety Trolls but broking company sluts paid to be so. I don't post much on other company threads as I'm a non holder but as a substantial holder in this company and very well researched, I will continue to make my point as any substantial owner of a great business would and should.
I have a seat on both sides of the fence. I have a long term holding of 30 odd k av price a bit over $3 and have a floating or trading of about 50 to 60k. So am thankful for the shorters and down rampers to be able to buy cheap shares:t_up:.
As a big holder myself . I asked myself that question when I first read their yesterday's FY 21 outlook commentary . I was the first one who posted here saying or showing that they have worded it in a manner which shows they themselves dont actually fully agree or believe in what they saying ...its more like a maybe rather then Yes or NO . As mentioned by me in my next post that there is something there for both Bulls and Bears...NZX was the Bull and ASX Bear ...rest we know ...
The main question is whether its a SELL or a HOLD now after all know what to expect in the next 3-6 months ( talking of Maybe response of company yesterday )
I did very deep thinking on that about my position and came to conclusion that as a long term investor I need to hold and ride thru this uncertainty ...here I just need to know if company is quality and investment grade with good pedigree ...which surely ATM is being number 2 company of NZ ..also helped by my most regarded Portfolio Manager Mr Sam Dickie of Fisher Funds ( Best Expert on NZ equities as per me ) . He has ATM as its main pick in all his NZ funds including KFL and their flagship NZ Growth Fund .
Yes we will see SP moving in opposite direction also in next 3-6 months but surely it will be much higher then where it is now in 12-18 months in my IMHO ....thats is my only basis of holding ( why it will be higher that Sam can tell u better then me ...lol )
Now coming to debates here about SP of ATM ...it depends upon what is your time frame ...if you a short term trader then it will offer more opportunities on the downside like yesterday ...for them its a sell all rebounds .
But if u are a buy and hold types then its a Buy and forget for 2 years ...pretty sure you will be very handsomely rewarded .
Normally a time to invest long term in a stock is when its going thru trouble ...as thats when u get your best entry options ...but u should be prepared for some notional losses in the short term .
This is my thought process of how I decided to Hold ATM after yesterday company communication
See quite a few of us (about 5% who votes cast) wanted Hearn out
Hope he gets the message
ATM sp is part of the slow and steady COVID recovery story. There was never going to be a magic sp recovery story while daigou was severely curtailed by no air travel between Oz and China. Diagou is acknowledged by ATM as an important and well established distribution channel out of Oz to China. Recovery will come when regular Oz - China air flights become possible again. There are 240 vaccines on trial around the world. Barely a week ago 2 vaccines were close to release. More will follow, people will be vaccinated and the infection rates will fall. The world will recover and so will ATM sp, slowly and steadily. Discl. Holder - ATM a major cornerstone of portfolio.