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  1. #9891
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    Quote Originally Posted by couta1 View Post
    $23.07-$9.70 over a year is a whole lot of wealth destruction for BAL holders.
    According to Google was $8.67 11th August last year (and sub 4 earlier in 2017) so it wasn't a linear decrease.

    Could easy say A2 from $14+ to $10.77 is a whole lot of wealth destruction also. But was sub 5 a year ago.

    If you bought at the peaks, then yes, but most gave been riding the roller coaster....

  2. #9892
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    Question. Is it an bullish sign that A2 bought a chunk of SML before the FY announcement? I am just wondering...

  3. #9893
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    Quote Originally Posted by Sideshow Bob View Post
    According to Google was $8.67 11th August last year (and sub 4 earlier in 2017) so it wasn't a linear decrease.

    Could easy say A2 from $14+ to $10.77 is a whole lot of wealth destruction also. But was sub 5 a year ago.

    If you bought at the peaks, then yes, but most gave been riding the roller coaster....
    It looks like to me that the market is adjusting the PE ratio on BAL, ASB tells me that it is still sitting on 73x which is a lot higher than A2M's 51x.

  4. #9894
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by longy View Post
    Question. Is it an bullish sign that A2 bought a chunk of SML before the FY announcement? I am just wondering...
    I think so but I could be biased with confirmation bias as I hold both.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  5. #9895
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    Quote Originally Posted by Sideshow Bob View Post
    See Weed - Have you been employed by Fonterra to promote instore sales of A2 yet? I reckon you go for a percentage of sales.....
    That would be nice, but no, words already out about a2. My promote days are over. Just sitting back now buying and selling. Did you notice a2m in aussi went up 13c after NZX closed yesterday. ATM NZX seems to follow A2m ASX. Be interesting to see which way it goes on Monday. Annual report due out in couple weeks.
    Last edited by see weed; 11-08-2018 at 10:55 AM.

  6. #9896
    Advanced Member Valuegrowth's Avatar
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    Still it is trading above $10. It is a very crucial price for the ATM. Trading below that level could lead to trading below $9.

  7. #9897
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Valuegrowth View Post
    Still it is trading above $10. It is a very crucial price for the ATM. Trading below that level could lead to trading below $9.
    As that guy Orr whose stuffing NZ up says ‘the direction of the next move could be up or down’

    Whether it’s up or down Mark from Craig’s will be annoyed because you can’t predicrt with great accuracy whether ATM will be a share that goes up ....or down
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #9898
    Legend minimoke's Avatar
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    Quote Originally Posted by winner69 View Post
    As that guy Orr whose stuffing NZ up says ‘the direction of the next move could be up or down’

    Whether it’s up or down Mark from Craig’s will be annoyed because you can’t predicrt with great accuracy whether ATM will be a share that goes up ....or down
    I can predicrt with great accuracy (100% guaranteed) ATM will be a share that goes up ....or down

  9. #9899
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    ......or maybe both up and down.
    h2

  10. #9900
    percy
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    My get what I get after eating cauliflower;;;; fluctuations.

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