Good call, very quiet around here today. Will buy some more today as price lowers:cool:.
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Those pesky shorters are getting it their way. Oh well no burning for them today
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.
I was looking for this as well, I did find this from a few hours ago
https://www.bloomberg.com/news/artic...ulture-imports
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.blo...ulture-imports
WOW. Time to buy some more when Aussi opens.
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.
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/2019/0...ed-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.
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.