ATM - A2 Milk Corporation Limited

[HKG2301]

Is it just my imagination, or is ATM now selling off on the NZX in advance of the daily ASX open...?

[bull....]

Following the market trend is the most common way of making small money on stocks for the traders . All the buy reports from well renowned Analysts become public after main trend reversal has already taken place . So people quoting reports and public voices of brokerages against the odds of ATM is just trying to fool us more in selling down a stock which already has become medium term buy for those very people but to their paid clients or own accounts .

70 -80 % of the worst expected out of ATM near term is already priced in . To put is money term ...downside risk of notional losses is $ 2.5 to upside reward of $ 10 in next 12-18 months ...IMHO .

So think logically and DYOR and invest accordingly .

Dont get swayed by already old data .

Buying divvy stocks now like the retail investors are chasing will only burn them in the near future ...Remember all buying ZEL at $ 8 for its 45 cents divvy ...

Buying BRM at 19% premium to NAV is only going to end in disaster for many many ...still many so called experts are advising people to do that but not the ETFs selling at NAV giving equally reliable PIE income dividends .

So I see lots of bad advise in the market ...of all sorts .

My advise ...only Trust your own advise and research

actually i dont think its all priced in. a lot of funds sell on the news. so if they miss guidance i expect a big down day will eventuate as funds price in reality

[Gregnz]

Is it just my imagination, or is ATM now selling off on the NZX in advance of the daily ASX open...?

Starts reacting to the pre open on the asx.

[Balance]

Starts reacting to the pre open on the asx.

Another day of sp going up on NZX and then, getting sold down when ASX opens?

Market manipulation or just Kiwi investors not realising that the stock is now driven out of Australia?

Old news.

Pays to be attentive as to where ATM sp is driven from - definitely not NZX any more. Been like that for a few years.

555k shares traded on opening on ASX vs 135k traded for the last 2 hours on NZX.

[HKG2301]

Which begs the question, why would anyone wait until the afternoon to sell? Smacks of market manipulation, or am I just stating the patently bleeding obvious...?

[Gregnz]

Old news.

Pays to be attentive as to where ATM sp is driven from - definitely not NZX any more. Been like that for a few years.

Agree. Quite honestly we almost mirror what happens on the asx.

[Gregnz]

Which begs the question, why would anyone wait until the afternoon to sell? Smacks of market manipulation, or am I just stating the patently bleeding obvious...?

Do people do that? I usually sell in the morning and buy in the afternoon..

[alokdhir]

actually i dont think its all priced in. a lot of funds sell on the news. so if they miss guidance i expect a big down day will eventuate as funds price in reality

Fair enough ...If that so called down grade doesn't happen then big buying is also possible on that news

Thats why I said $ 2.50 downside reaction to it actually happening ...it covers your big down day ( its 18% down from here ) ...

[Davexl]

Thats exactly I was referring to in my last post .

When media starts warning you about something which is about to happen ...making their financially sensitive information public ...be very very wary to act on it .

Free advise is always risky advise ...lol

Please note the age of the article, not imminent, still advice, and fits with the current geopolitical circumstances also
(see Geo-Political Risks thread) eg Australia

[Beagle]

actually i dont think its all priced in. a lot of funds sell on the news. so if they miss guidance i expect a big down day will eventuate as funds price in reality

Unfortunately the ferocity of his vitriol became more intense and less rational the more he lost. In the end it became personal, (even against his friends), and there was no room left for calm objective debate, so with that state of mind its good that he's taking an extended break and I wish him well with that.

Anyway, I agree...lets move on, its overdue we get back to discussing ATM