ATM - A2 Milk Corporation Limited

[Beagle]

It’s just the nature of things that most downgrades come in threes, whether the companies are good or bad companies.

Directors and management like to believe that any set backs are temporary and one offs - so they tend to underplay the downgrade when it comes.

Sales are down this half but they'll rebound by 47% next half. Hmmm. Unconscious bias, denial of the truth or truly legendary forecasting ability in an unprecedented Covid environment ? Plenty of food for thought for investors.

[winner69]

Sales are down this half but they'll rebound by 47% next half. Hmmm. Unconscious bias, denial of the truth or truly legendary forecasting ability in an unprecedented Covid environment ? Plenty of food for thought for investors.

Hope you don’t compare them to Comvita ..that’ll cause a stormy debate

[Sideshow Bob]

Daylight saving delays the fun on the ASX....

Down $1.43 (8.3%) at the moment.

[Sideshow Bob]

Sales are down this half but they'll rebound by 47% next half. Hmmm. Unconscious bias, denial of the truth or truly legendary forecasting ability in an unprecedented Covid environment ? Plenty of food for thought for investors.

But couldn't update/predict such a large H1 drop less than 6 weeks ago for the Annual Result, but then forecast that in H2.

Tui.......

[Beagle]

Hope you don’t compare them to Comvita ..that’ll cause a stormy debate

I'm not that brave lol. But wait, there's more..the shares are now bouncing back...what could possibly go wrong

[flyinglizard]

Updated good news,

Daigou channel in Australia seems to back to business normal since today

https://www.9news.com.au/national/co...9-6d863f56aa71

New online live stream channel records high in China this year.

https://news.cgtn.com/news/33457a4e7...856/index.html


Channel: live stream on Chinese Tiktok, but have to find the right individuals.
T-mall and taobao (alibaba), 11th of Nov

https://techcrunch.com/2019/11/11/al...es-day-record/


Q2 is not a "hope", it depends how ATM acts and response.

[NZSilver]

Can someone please let me know what the original guidance was vs downgrade?

[couta1]

As one of the top 100 holders I will be selling no shares other than to buy more back cheaper, no one and I mean absolutely no one will shake me out of this holding and I can be an incredibly determined person who knows how to get through tough times. PS-87% of the company is owned by big and bigger fish and only 13% by reef fish which includes shorters, who has the firepower to win in the end?

[winner69]

Can someone please let me know what the original guidance was vs downgrade?

Strong revenue growth and 30% to 31% e its margin

But had a few ifs and buts around that and the ifs and buts came true

[couta1]

Those of us around long enough have learnt (and through bitter experiences at the beginning) to heed some investment adages which have proven to be sound and wise over time and again.

One adage is that Downgrades do come in threes irrespective of what a company or management tell you.

Another is not to try and catch falling swords - you may not have many fingers left!

You have been wrong about A2 on a couple of previous occasions, could this be a third?