ATM - A2 Milk Corporation Limited

**NZSilver** · 23-01-2018, 08:19 AM

yes it will be interesting to see how today plays out - momentum is present but volume isn't huge. It does sound like there is a steady flow of money into this sector at the moment. It would be good to see another higher close. News flow re JD deal even though not mainstream and US market expansion.

**winner69** · 23-01-2018, 08:41 AM

One good thing about A2 is that the share price is driven by sentiment rather than fundamentals.

**Beagle** · 23-01-2018, 09:49 AM

The Chinese market is growing rapidly and within five years, forecast demand for infant and baby dairy products will be more than the total for other global markets, so the potential remains."

When you're hot you're hot and when you're not you're NOT...almost feel sorry for Fonterra http://www.sharechat.co.nz/article/9...-downgradehtml
Posted this because it includes the above quoted interesting remark about China demand.

**NZSilver** · 23-01-2018, 06:22 PM

very strong close on ASX

**Leftfield** · 23-01-2018, 07:49 PM

Originally Posted by NZSilver

very strong close on ASX

Apparently Goldman Sachs have updated their stance on A2M to BUY with a target price of $A 8.85 ($NZ 9.64)

**hardt** · 23-01-2018, 08:20 PM

Originally Posted by Left field

Apparently Goldman Sachs have updated their stance on A2M to BUY with a target price of $A 8.85 ($NZ 9.64)

Just raised the PT right? - they have always been a buy with A2 as far as i can remember.

We can round it up to $10 and call it in line with most of us on here.

**NZSilver** · 24-01-2018, 06:02 AM

Very good news re price upgrade - now it might be a few days late but 9+ should occur today if the break upwards continues. If we get some more volume it would really mean we have some good momentum. I topped up a few when I saw positives occurring in Monday. Still time to do so. Let's see what today brings