ATM - A2 Milk Corporation Limited

[tomm]

excitable fello

Yes, I am glad and exciting to invest early in a great company. I am exciting every time when near the half year/ yearly profit announcement. I am excited to see my shares is going up year by year.

[tomm]

I'm quite content with it drifting around this level pre-results. I didn't think we'd have another big today. Only other variable are shorts who might be looking to make an exit before results - whether a short squeeze is realistic, I dunno. Shorts increased on the back of coronavirus news but - given what we're hearing about demand for IF in China during this crisis and Geoff's assurance of BAU, taking a punt against A2 looks to have been a premature gamble.

Very tempting to unload yesterday and circle around waiting for a cheaper set up, but seems too much of a gamble this close to results.

Yes, with this stock and the shorters are trying to suck the blood out of it you may get an entry again before results but it is depending on how you are, otherwise you will have to wait after the result.

[couta1]

Buyers arriving later in the day to drive the price up on the ASX.

[tomm]

Buyers arriving later in the day to drive the price up on the ASX.

Showing a strong bullish current up till the result.

[44wishlists]

The SP action is looking very similar prior to the result announcement August last year. Hope to be wrong.

Disc: ATM Holder, but took some profits off of the table today.

[Baa_Baa]

The SP action is looking very similar prior to the result announcement August last year. Hope to be wrong.

Disc: ATM Holder, but took some profits off of the table today.

Yes looking more and more like buy the hype and sell the news. ATM runs hard into announcement, soothing words of no effect on supply chain, but … any slip, even a tiny mention or evidence of slowing growth and …

[Southern_Belle]

This likely to impact daigou channels

https://www.nzherald.co.nz/nz/news/a...ectid=12309715

[tomm]

This likely to impact daigou channels

https://www.nzherald.co.nz/nz/news/a...ectid=12309715

Totally has nothing to do with online shopping within china.

[BlackPeter]

Totally has nothing to do with online shopping within china.

Maybe you need to check the meaning of Daigou channel, find out where the supply of online purchased Daigou goods come from ... and afterwards try to research which percentage of A2 sales go through this channel :

Closing down of mail (after stopping already any passenger traffic) will shut the channel off. How do you think small traders will now get their goods into China?

[Cadalac123]

Institutional buying to substantial at the dip wow how surprising