ATM - A2 Milk Corporation Limited

[winner69]

I totally agree. I was looking at the long term chart this morning for NZD/USD and you could easily see it reaching 62c. I think it might go lower than 60c. We forget in October 2000, it was 39c.

For what its worth, on the monthly chart, the 50 month MA is about to cross the 200 month MA. I have no idea what you call that but it looks bearish haha.

Yep, exciting when it hit That 39 cents

Mind you my first trip to US I got US$1.40 odd for my NZD, that was pretty good

[Patient Panda]

Besides a boost for A2 really not sure why you’re celebrating a low NZ $ so much. Surely you also have interests in companies that are hurt by a low kiwi $ e.g Retailers and surely you buy many many products from abroad. Will likely increase fuel costs which will also affect many more companies.

Certainly a thorn in my side. Will make travelling much more expensive.

[winner69]

Besides a boost for A2 really not sure why you’re celebrating a low NZ $ so much. Surely you also have interests in companies that are hurt by a low kiwi $ e.g Retailers and surely you buy many many products from abroad. Will likely increase fuel costs which will also affect many more companies.

Certainly a thorn in my side. Will make travelling much more expensive.

A low NZD is nothing to be proud off ....Orr is stuffing up things big time.

[Patient Panda]

A low NZD is nothing to be proud off ....Orr is stuffing up things big time.

Not sure if hes still settling in or whats going on.. 2020 is a loong time with such low rates. Leaves very little dry powder in the OCR in case some real stimulas is needed and asset prices could certainly do with some reigning in..

[Ggcc]

Besides a boost for A2 really not sure why you’re celebrating a low NZ $ so much. Surely you also have interests in companies that are hurt by a low kiwi $ e.g Retailers and surely you buy many many products from abroad. Will likely increase fuel costs which will also affect many more companies.

Certainly a thorn in my side. Will make travelling much more expensive.

I don’t want to burst your bubble. Everywhere I have travelled to seems relative or cheaper than New Zealand. We are one of the most expensive countries in the world. It will only get more expensive when we have $20 per hour minimum wage in 2021. Our New Zealand dollar won’t be what we will be thanking for being overly expensive.

[Patient Panda]

I don’t want to burst your bubble. Everywhere I have travelled to seems relative or cheaper than New Zealand. We are one of the most expensive countries in the world. It will only get more expensive when we have $20 per hour minimum wage in 2021. Our New Zealand dollar won’t be what we will be thanking for being overly expensive.

I agree NZ is an expensive place, appreciate your post ggcc but think I didn’t write it well or maybe you misunderstood.

i’m talking about international travel e.g spending a month or two in asia buying THB with NZD as an example.

[Ggcc]

I agree NZ is an expensive place, appreciate your post ggcc but think I didn’t write it well or maybe you misunderstood.

i’m talking about international travel e.g spending a month or two in asia buying THB with NZD as an example.

Ok got you.

[IAK]

Hope is not a strategy. I’m going with my gut on this one.

Classic lol.

[sb9]

Ok, took few years but we finally got there....

Referencing to closing prices of A2M and BAL on ASX. And A2 has overtaken Bellamy’s in price, 9.78 vs 9.70. Go you beaut, may the gap keep widening!!!

[couta1]

Ok, took few years but we finally got there....

Referencing to closing prices of A2M and BAL on ASX. And A2 has overtaken Bellamy’s in price, 9.78 vs 9.70. Go you beaut, may the gap keep widening!!!

$23.07-$9.70 over a year is a whole lot of wealth destruction for BAL holders.