ATM - A2 Milk Corporation Limited

**dreamcatcher** · 13-05-2021, 11:31 AM

[QUOTE Hope you are not too punch drunk from your ATM losses not to notice and be up with the news?

[/QUOTE]

Last few months has been a wake up call but certainly not punch drunk as my a2 holdings are all free-held with surplus. As you know the share market plays plenty of games regarding SP valuations which are all basically guesses to a degree but could change rapidly at very short notice.

Have plenty a2 at this time so prefer to watch and wait for positive news

**flyinglizard** · 13-05-2021, 02:45 PM

If ATM breaks down through $6.05, then prob another 10% drop in days.

**Beagle** · 13-05-2021, 03:04 PM

Originally Posted by Balance

They should have observed by now that almost all the brokers and analysts have been wildly inaccurate in their forecasts for the last two years (yes, last 2 years).

All they do is blindly follow the company's guidance and adjust by +/- 5% to show their forecasts!

So what are the chances of the brokers being correct over the next 2 years?

Less likely than ever before due to the extent of unknowns as nicely summed up by Forbar

There are many unknowns, with recent announcements a stark reminder visibility is low and there is a high margin of error in earnings forecasts,” they said.

I think in the prevailing circumstances the company should stop making forward looking statements at all as they clearly have limited, if any, forward visibility themselves.

**nztx** · 13-05-2021, 05:03 PM

Originally Posted by flyinglizard

If ATM breaks down through $6.05, then prob another 10% drop in days.

looks like $6.00 sitting as target reached on the scoresheet now

$5.00 Anyone ?

Prevailing market sentiment or is everyone now tipping out yesterday's darling with the bathwater as they run ?

**flyinglizard** · 13-05-2021, 05:19 PM

Originally Posted by nztx

looks like $6.00 sitting as target reached on the scoresheet now

$5.00 Anyone ?

Prevailing market sentiment or is everyone now tipping out yesterday's darling with the bathwater as they run ?

Screenshot 2021-05-13 171730.jpg

I will not be surprised even $2.50 this year after hearing that one hour investor calling record.

**Entrep** · 13-05-2021, 05:25 PM

Originally Posted by flyinglizard

Screenshot 2021-05-13 171730.jpg

I will not be surprised even $2.50 this year after hearing that one hour investor calling record.

Holy crap that RSI! Simply amazing, one of the worst monthly charts I've ever seen.

**Balance** · 13-05-2021, 05:46 PM

Originally Posted by nztx

looks like $6.00 sitting as target reached on the scoresheet now

$5.00 Anyone ?

Prevailing market sentiment or is everyone now tipping out yesterday's darling with the bathwater as they run ?

What is the compelling reason to invest in ATM at the present times?

I just visited our local Pak n Save - Karicare A2 is on special at $26.95 vs A2 at $44.00 - 40% cheaper!

ATM is taking a high risk strategy of writing off expiring stock and exchanging new stock for expiring stock with its key retailers to avoid discounting and maintain its premium price position.

I do not see that as a sound strategy & wise spend of funds - now that the A2 spell (moat) has been broken and there are other A2 brands available at hugely lower prices.

ATM has buggered up its all important and crucial daigou market - that now is clear from the commentary coming out from various sources. Biting the hand that feeds A2 capital light strategy was not a smart move.