ATM - A2 Milk Corporation Limited

[777]

Removing GST from foods will never happen. Once exemptions start then it destroys the the simpleness of the tax.

Struggling families already have tax concessions to cover this.

[Bjauck]

Removing GST from foods will never happen. Once exemptions start then it destroys the the simpleness of the tax.

Struggling families already have tax concessions to cover this.

Simple but a blunt instrument? Sufficient concessions? However some poverty actions groups agree that removing gst from fresh foods will help the wealthier rather than the poor as with or without gst they still could not afford much fruit and veggies. Welcome to C21st NZ.

[davflaws]

Welcome to C21st NZ.

I think that looking for evidence of a "well developed social conscience" on a sharetrader forum is a tad overoptimistic.

[Redmack]

Not a hard lesson. Synlait did a good job with M Bovis and their building evacuation. Just little things like that help the market feel like it is being informed. What do they say "markets abhor a vacuum" if no information the market will make up its own

Well said Minimoke
A2 has shown an arrogance or naivety that surprises. The Herald on page B5 today has CE Peter Nathan hitting out at shareholders having a significant over-reaction to Jayne's share sale. With that statement, the shareholders reaction is the right one. Peter cannot expect shareholders to accept all actions by the management to be beyond reproof. The people/shareholders hold the power ultimately.

Here is the link for the Herald article:
https://www.nzherald.co.nz/business/...ectid=12139641

[nzsharetrade]

is there any reason why ATM needs to list on OZ market? it seems SP will go up without them.

[44wishlists]

is there any reason why ATM needs to list on OZ market? it seems SP will go up without them.

The company would never be at its size without the capital from the Aussie market

[Balance]

The company would never be at its size without the capital from the Aussie market

Soon ATM will decamp to ASX, as Xero, Lion Nathan, Nuplex, Nufarm etc have done.

[nzsharetrade]

The company would never be at its size without the capital from the Aussie market

sure. I mean you dont need to list there to be able to get their capital, isn't? just like kiwi still trade XRO.

[Redmack]

sure. I mean you dont need to list there to be able to get their capital, isn't? just like kiwi still trade XRO.

One factor maybe that people prefer to trade on their own exhange in the first instance and avoid the exchange rate issues. As a percentage game for punters wanting to play in their own market Aust has the bigger % and therefore capital.

[moka]

We will agree to disagree and this is a Nation of free speech by the way and i hate all the PC crap. PS-The market is falling off a cliff not just A2.

Free speech comes with responsibilities. New Zealand is third in the world for cyberbullying which is nothing to be proud of.
Just this week I heard of two schoolgirls in my community who committed suicide this year because of cyberbullying. In one case the bullies were blocked but they made the effort to set up a false account to continue the bullying which had tragic consequences for the girl.
It is hard for schools and parents to convince children that cyberbullying is not okay when there are adults who see nothing wrong with making repeated targeted personal insults online. Children copy what they see. Cyberbullies lack empathy. Most kids who cyberbully believe it isn’t a big deal. Because they do not see the pain that they cause, they feel little to no remorse for their actions.

http://www.scoop.co.nz/stories/CU180...t-in-world.htm
https://www.nzherald.co.nz/nz/news/a...ectid=12139665
The cost of cyberbulling in New Zealand is costing individuals, communities and support organisations $444 million a year, a new report reveals. But it's friends and families who are bearing the brunt of the cost - $366 million in fact - to support loved ones who have been bullied online.