ATM - A2 Milk Corporation Limited

[Muppett]

The one thing that blows my mind, who on earth is selling at these levels? I've always considered days following a significant drop in the USA as buying days, definitely not selling days. Must have very weak hands to want to sell a stock like A2 on a day like today when there seems to be plenty of evidence of more upside than downside. So close to 11/11 and the AGM on the 18th

Why is there PLENTY of evidence of more upside .......

[Gregnz]

Why is there PLENTY of evidence of more upside .......

Biggest sales day of the year, 11:11

[Muppett]

Biggest sales day of the year, 11:11

11:11 wont do anything to the SP.
If anything unless previous sales are maintained or exceeded, SP could go down!

[dreamcatcher]

11:11 wont do anything to the SP.
If anything unless previous sales are maintained or exceeded, SP could go down!

LAST YEARS Headlines with a2 selling out of product as they have every year......... This 24hr sales is HUGE for holders if pattern is the same as previous years.

"Alibaba breaks Singles Day record with more then $38 Billion in sales"

https://www.cnbc.com/2019/11/11/alib...pping-day.html

[Gregnz]

11:11 wont do anything to the SP.
If anything unless previous sales are maintained or exceeded, SP could go down!

Every other year, immediately following 11:11, the share price has sky rocketed. Why would this year be any different? Obviously if 11:11 isn’t successful I can understand, but it’s also obvious that China is one of the few economies which have recovered and growing.

[Cyclical]

Nasty, maybe we should wait for it to turn?

Didn't we think it had bottomed out a couple of weeks or so ago? Thankfully my current average isn't too far north of here. Happy to accumulate a few more at these levels, but won't be too surprised to see further weakness this side of the US election.

I've been all in for a while now so waiting for it to turn is all you can do, pretty confident a year from now and holders will laugh about the current period in a good way.

Do I sense your conviction waning a little here, couta?

[couta1]

Didn't we think it had bottomed out a couple of weeks or so ago? Thankfully my current average isn't too far north of here. Happy to accumulate a few more at these levels, but won't be too surprised to see further weakness this side of the US election.



Do I sense your conviction waning a little here, couta?

Having run a few tough marathons in my time, I'm well aware of fluctuating feelings along the way including those of pain, but with an end goal in sight those things must be endured to be successful in finishing the race.

[Akane]

Every other year, immediately following 11:11, the share price has sky rocketed. Why would this year be any different? Obviously if 11:11 isn’t successful I can understand, but it’s also obvious that China is one of the few economies which have recovered and growing.

You forgot this thing, the Coronavirus that originated from China. Also the Chinese economic "recovery" figures are very questionable.

I would lean on the side of caution, wouldn't count on 11:11 swinging the SP this year.

[couta1]

You forgot this thing, the Coronavirus that originated from China. Also the Chinese economic "recovery" figures are very questionable.

I would lean on the side of caution, wouldn't count on 11:11 swinging the SP this year.

Babies don't care about these things, they want and need a quality trusted milk product like A2 and their parents will cut costs elsewhere to provide it. PS-11:11 gunna be huge.

[Gregnz]

You forgot this thing, the Coronavirus that originated from China. Also the Chinese economic "recovery" figures are very questionable.

I would lean on the side of caution, wouldn't count on 11:11 swinging the SP this year.

Didn’t forget about Covid, how ridiculous.

You do realise that babies didn’t suddenly stop drinking milk when Covid hit, considering it hit China back in December.
So, what, 10 months with no infant formula?

I’m certainly not counting on 11:11 generating a miraculous recovery in the SP, but also as I’ve said these things provide more upside to downside.
It’s also not a case of 11:11 being priced in, also a ridiculous statement. It’s never priced in any other year, so why would investors start now.

I may be proven wrong come next update, but my contacts in China are predicting an even bigger 11:11 this year vs previous, and seems A2 have been rapidly expanding their direct channels in China to supply product, and appears the demand is still there.

Time will tell I guess.