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  1. #20381
    Membaa
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    Will be interesting to see what the broker analysts make of the results and future, commentaries should flow fairly quickly from now.

  2. #20382
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    Quote Originally Posted by Baa_Baa View Post
    Will be interesting to see what the broker analysts make of the results and future, commentaries should flow fairly quickly from now.
    Problem is that nearly none of the broker report I've read have actually put decent work into their report. They have just based it off the company announcement, then keep revising their price down on each announcement.

    There is still huge room for further margin compression going forward due to increasing competition, high milk price and currency. I think this is going to seriously impact future earnings potential.

  3. #20383
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    Quote Originally Posted by Baa_Baa View Post
    Will be interesting to see what the broker analysts make of the results and future, commentaries should flow fairly quickly from now.
    Jarden put a $11.40 on ATM this morning also.
    It is gonna be an interesting day, they give an extra 45 mins to trade today.
    Last edited by tomm; 26-02-2021 at 10:30 AM.

  4. #20384
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    Not going down as fast as yesterday. Anybody buying in at this level for a quick day trade or waiting to see where Aussi takes us?
    Last edited by see weed; 26-02-2021 at 10:39 AM.

  5. #20385
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    Quote Originally Posted by see weed View Post
    Not going down as fast as yesterday. Anybody buying in at this level for a quick day trade or waiting to see where Aussi takes us?
    It was traded by more than 37 Mil of shares changed hand yesterday on ASX, I have never seen anything like that yesterday, it is clearly indicates a strong support level for A2 I suggest.
    Last edited by tomm; 26-02-2021 at 10:46 AM.

  6. #20386
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    Dipped my toe into ATM @ 9.15 ( 2200 ) is this the bottom, hope I dont get slaughtered once Aussie opens !

    I think ATM is way over sold !
    Last edited by whatsup; 26-02-2021 at 11:19 AM.

  7. #20387
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    https://assets-au-01.kc-usercontent....-%20250221.mp3

    Analysts investor conference call link from y'day following release of HY results for those that're keen to know more...very insightful.
    Last edited by sb9; 26-02-2021 at 11:42 AM.

  8. #20388
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    Quote Originally Posted by tomm View Post
    Jarden put a $11.40 on ATM this morning also.
    It is gonna be an interesting day, they give an extra 45 mins to trade today.
    45 mins extra ??? Is it Index rebalancing day ??

  9. #20389
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    Quote Originally Posted by alokdhir View Post
    45 mins extra ??? Is it Index rebalancing day ??
    yes, it is.

  10. #20390
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    Quote Originally Posted by tomm View Post
    It was traded by more than 37 Mil of shares changed hand yesterday on ASX, I have never seen anything like that yesterday, it is clearly indicates a strong support level for A2 I suggest.
    Strong support level?

    Short covering and the smart money is taking the opportunity to get the hell out before the fourth downgrade.

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