ATM - A2 Milk Corporation Limited

**Leftfield** · 08-01-2018, 09:06 PM

Originally Posted by kizame

Is gathering momentum.....never the less I will be gone before then.

Agree, looking good lately, but where and why you going Kiz?

The other thing to look forward to with the Feb update (other than an increased SP) is the promised decision on a Dividend..... any bets on that folks?

**kizame** · 09-01-2018, 10:30 AM

Originally Posted by Left field

Agree, looking good lately, but where and why you going Kiz?

The other thing to look forward to with the Feb update (other than an increased SP) is the promised decision on a Dividend..... any bets on that folks?

Coz I'm guessing after the result in late feb it will flatten out and do a big consolidation,so in anticipation of that. A divi might change my mind,but promises promises,they may just think that cash pile is too good,and use to expand in the states.

**couta1** · 10-01-2018, 02:25 PM

This is one of the only stocks that can wipe out nearly all your paper profits in a single day on no news.

**kizame** · 10-01-2018, 02:28 PM

Originally Posted by couta1

This is one of the only stocks that can wipe out nearly all your paper profits in a single day on no news.

I think there is just too much time between now and late feb when they report,so a bit of profit taking on the slow increase in price as of late. I think it will pretty much a sideways market for a while.

**BlackPeter** · 10-01-2018, 05:01 PM

Originally Posted by couta1

This is one of the only stocks that can wipe out nearly all your paper profits in a single day on no news.

Just imagine you would have bought in at 50 cents per share

Lots of buffer before all profits are gone!

... and just to put today's drop into perspective - the share price is still sitting above the MA50 ...

Discl: No, I didn't buy in either in at 50 cents ... but still - the shares I currently hold are (according to "percy's methodology" free - i.e. I can watch the games quite relaxed ....

**Beagle** · 10-01-2018, 06:42 PM

Bought a few more on the drop today.

**kizame** · 10-01-2018, 08:07 PM

Originally Posted by Beagle

Bought a few more on the drop today.

When you buy the share price should have turned back around and went the other way.
More issues with supply of formula to supermarkets,and people complaining about the daigou taking too much stock off the shelves.
I didn't realise a mum with two young boys go through 10 tins a month.

**steveb** · 10-01-2018, 08:10 PM

Originally Posted by Beagle

Bought a few more on the drop today.

Hound always worth picking up some more but we could well see the SP drop a bit more tomorrow,we seem to see these cycles around the 8th to the 11th of the month when the price drops away.The november cycle saw the SP go as low as $6.90 on the day before recovering back to $7.49.The Dec cycle saw the SP down to $7.75 not sure how low it went on the day.But if the stock is being shorted its well worth keeping an eye on these trends.