ATM - A2 Milk Corporation Limited

[couta1]

The Panic crew are back they obviously dont believe the Trumpet who blames the FED for the market volatility, it has nothing to do with his trade war mouth. Lol

[Balance]

Chartists reading A$14.60 as support level as I am?

[couta1]

Chartists reading A$14.60 as support level as I am?

Charts cant predict Panic levels so who really knows.

[Bjauck]

Totally agree, Over the last 5 years ATM has been growing my capital invested at an average of 130% pa (according to Share site). I doubt if they could have achieved this growth if they had been paying a dividend.

In addition, I prefer tax free capital gains to taxable dividends.

Yes. The tax burden is on those companies that actually earn income. So does the tax system ensure that taxpayers over-invest with shares with mostly capital price appreciation. When a market correction occurs the capital value of NZ shares thus takes a real hammering. The hardest hit being the unsophisticated and individual shareholders. This then scares many kiwis back to investing in land.
Then more companies relocate to Australia....

Disc. Still have a holding in ATM.

[Baa_Baa]

Chartists reading A$14.60 as support level as I am?

Yep, around there. A$14.57 closes the gap as well. I'd be surprised if it gets that low with results due in a few days, but with the Bond market wobbles I s'pose SP could do anything. Traders must be loving this, for moi it's an accumulation opportunity, down from A$17.30 ... who'd a thought it?

[Baa_Baa]

Charts cant predict Panic levels so who really knows.

Charts can't predict anything, that's not what we use charts for, no one has a crystal ball and a chart certainly isn't one. I'm sure you're tongue in check, but the chart helps to plan share sales and purchases giving an insight into timing on either SP rises or falls. They help with gauging market sentiment as well.

[Ggcc]

Oh I wish I had spare cash to be buying more at these prices

[couta1]

Oh I wish I had spare cash to be buying more at these prices

Just sell for a loss and buy back more shares cheaper. PS-Not a risk free strategy mind you.

[dompf]

I bought in again ; can’t take the foundation away, no debt good outlook great company long term.

World markets are in in such a tantrum I believe good foundations are always key.

GL to all enjoy the highs and lows

[Ggcc]

Just sell for a loss and buy back more shares cheaper. PS-Not a risk free strategy mind you.

I am not selling at a loss though. I have thought about selling other shares to buy more ATM, but all the other shares have dropped as well. All except HGH