ATM - A2 Milk Corporation Limited

[Balance]

https://www.shortman.com.au/stock?q=a2m

Shorts had been building up ahead of results so there will be short coverings today by recent shorts to lock in profits.

Have taken the opportunity with the current sp lift from the lows now to sell a few to lighten up on my over-weight position.

[longy]

The increased spend on marketing above expectation is the only reason that all projected metrics were not beaten, it's really that simple.

So the increased in spending on marketing has worked as those were predominately were in US and China.

[silu]

Yeah I doubled my holding at 14.35

By the looks of it well done. Got a good price.

[Ted2]

I just struggle to understand why so much credence is put on brokers and analysts opinions before a result. These people usually have no idea of what is going on anyway, so why should any company have to 'meet analysts predictions' or get scorched?? As noted above, great result, ton of cash, and only marketing spend increase stopped the company hitting the 'targets'. Hopefully the Aussies are smarter.............

[Balance]

I just struggle to understand why so much credence is put on brokers and analysts opinions before a result. These people usually have no idea of what is going on anyway, so why should any company have to 'meet analysts predictions' or get scorched?? As noted above, great result, ton of cash, and only marketing spend increase stopped the company hitting the 'targets'. Hopefully the Aussies are smarter.............

Works both ways - the market got hot and excited when the brokers and analysts were upgrading & recommending the stock and putting up higher valuations.

[couta1]

It's all about Fear and Greed, make a nice cup of tea and sit back and watch the games being played and have a laugh to yourself.

[longy]

It's all about Fear and Greed, make a nice cup of tea and sit back and watch the games being played and have a laugh to yourself.

I feel like another cup of tea and re watch the Bledisloe Cup 2 again.

[Balance]

Some feedback from a broker :

1. $44m loss from US of concern. Much higher than their expectations.

2. Second half margin at 28.2% lower than expected.

Exit from UK and huge increase in spending in US (est $90m) - both countries have not been happy hunting grounds for NZ companies.

[bull....]

the asx players will savage this i reckon down 20%? today

could be lol

[Balance]

could be lol

Not today.

There will be short coverings as shorters breath a sigh of relief and thank their lucky stars.