Please guys lets not over analyse things . ATM did well at 0.75 USD to NZD rates also as its just one of the variables in the mix . But at present the logistics of one of the main legs of their business is under stress due to disruptions mainly because of Covid situation . So if Covid recovery theme is the flavour of the next 6 months then ATM recovery should also be on the horizon ...rather then the gloom and doom stories coming out from every where .
Someone recommends buying KFL at almost 10% premium to NAV as he likes their exceptional stock picks but berates one of their main picks ATM , suggesting it can depreciate further 40% from its present price . To me it seems very contradictory views on the same website :confused:
Geo political reasons got discussed in a NZH article also quoting Chairman in a interview after the ASM .
Dairy exports are NZ's bread and butter with China being most important buyer / consumer .
I think I will grant our leadership respect enough that they will do utmost not to disrupt it in anyway ...especially at this time .
So for me A2 suffering Ozzy wine fate chance is very very little . Though people are talking about it including Chairman by trying to emphasis time and again that they are a NZ company and trying to make that more obvious by having new manufacturing facility in NZ too , owned by ATM .
All companies go through challenging times ...ATM is going thru one ...mainly due to Covid disruptions which highlighted again the importance of daigou channels to them ....many thought they replaced that completely ...but actually its still very important .
So why cant we put ATM stock as Covid recovery stock ?