ATM - A2 Milk Corporation Limited

[Balance]

NZ market is only small fry - and SML have the cheese making factory now.

Nestle probably finding that its A2 milk products not selling in China unless they sell in NZ - that's been how the China market operates or a long time with infant formula since the Sanlu scandal.

[hogie]

Nestle probably finding that its A2 milk products not selling in China unless they sell in NZ - that's been how the China market operates or a long time with infant formula since the Sanlu scandal.

Had a buy in for some more ATM but cancelled last night after seeing the Nestle news ... will need to try to find "reasonable value" for this stock.

[minimoke]

Had a buy in for some more ATM but cancelled last night after seeing the Nestle news ... will need to try to find "reasonable value" for this stock.

Consider that Nestle may be dumping stock in Au and NZ if unable to sell at higher margins in China. Also free promotion of the "a2" concept - though I cant figure out who the target market for a bottle of "S-26 Atwo" is aimed at

[sb9]

Nestle probably finding that its A2 milk products not selling in China unless they sell in NZ - that's been how the China market operates or a long time with infant formula since the Sanlu scandal.

Ahhh...Nestle, they keep trying, don't they? What an opportunistic timing as well along with help from great NZ Herald.

[Muppett]

See weed........ more buying opportunity for you today.
You could pick up plenty more shares at bargain basement prices.

Anybody else buying today?

[Yoda]

US markets all down, i think a2 is in for another hammering today. Hardly any buyers to sell to at the mo. Going down another 5%???

[Muppett]

US markets all down, i think a2 is in for another hammering today. Hardly any buyers to sell to at the mo. Going down another 5%???

10%, should end up at about $8

So far, so good, only 2.3% down on opening.

[longy]

See weed........ more buying opportunity for you today.
You could pick up plenty more shares at bargain basement prices.

Anybody else buying today?

I bought some yesterday...um... may see how it goes today though.

[trader_jackson]

I remember when it was disclosed the DD had sold a few (far from a majority) of his PEB shares in the mid $1's back in the glory days for a what I think wasn't even a hundred thousand (to build a deck if I recall correctly?) it was meet with swift and intense criticism on the forum.

But "this time is different" so no worries.

Down over $3 since posting this less than 3 weeks ago ... maybe this wasn't so "this time is different" after all
Now up just single digits for the year... what was NZX's best performer is fast turning into barely any performance at all.
Good to see it is being valued a bit more fairly now rather than the lofty mid teens, they'll still milk it long term.

[minimoke]

Oh look. ATM and SML back to parity at $8.76 each