ATM - A2 Milk Corporation Limited

[davflaws]

Tell that to the Canterbury farmers who are drawing billions of gallons of water everyday for irrigation from the aquifers.

It is very hard to tell Canterbury farmers anything (particularly the ones who have invested in irrigation and intensification) but some hydrologists are very concerned about the condition of the aquifers and their ongoing ability to support the predicted level of growth in drawoff.

[dobby41]

It is very hard to tell Canterbury farmers anything (particularly the ones who have invested in irrigation and intensification) but some hydrologists are very concerned about the condition of the aquifers and their ongoing ability to support the predicted level of growth in drawoff.

Not to mention the nitrogen (and other nasties) that leaches into the ground water and pollutes Christchurch's town water.

[Balance]

https://www.news.com.au/national/pol...7433e3685bc751

China wants relations with Oz to normalise.

[ratkin]

It is very hard to tell Canterbury farmers anything (particularly the ones who have invested in irrigation and intensification) but some hydrologists are very concerned about the condition of the aquifers and their ongoing ability to support the predicted level of growth in drawoff.

Nothing changes, was just reading an account of someone who looked after the aqueducts in ancient Rome, they were having the exact same problems 2000 years ago, although their irrigation system was better than in Canterbury

[Ggcc]

https://www.news.com.au/national/pol...7433e3685bc751

China wants relations with Oz to normalise.

That is very positive for both countries.

[Getty]

Pleased to see some of the silent majority posting their thoughts - ST would be a far far lesser place if the likes of Beagle are not part of the forum.

Life is like a box of chocolates.
Sometimes tho, it resembles the first Beaurepaires advert. ( still on You tube)

You can be trucking along nicely, then along comes Vince, activated by some roadhogs.

End result, banishment to Colditz.

While in there, a recidivist jailbird 'Eagle was put in the next cell.
We spent the time on such subjects as love thy neighbour, and judge not lest ye be judged.
It got too much for the guards when he remonstrated "do unto others as you would have done to you", so he got carted off to the JWI supplied cooler, muttering something about casting first stones, but as I dont like the Rolling Stones, I didnt pay much attention.

I sang "Release Me" by Engelbert instead.

He also mentioned an old coot, who was 'trying to get outa here'.

Ballance sent in some leftover ham & chicken roll for Xmas.
It had a hacksaw concealed inside, but as I'm more used to weilding finely honed German scalpels, I left it for Jim Duggan, or some other bloke to wrestle.

While incarcerated, my contribution to the war effort was a very healthy profit on ABA, and the IRON deBARKle via Cue,

Happy New Year to most.

Dr JPG.

[Scrunch]

Pleased to see some of the silent majority posting their thoughts - ST would be a far far lesser place if the likes of Beagle are not part of the forum.

Agreed Beagle has made a number of great contributions on this forum, although one of the things Beagle posted did kinda annoy me. He claimed that because he had a zero holding in one of the largest market cap companies on the NZX, he was a neutral voice. He also concurrently suggested the benefits of a diversified portfolio. If he wasn't a smart pup I'd have said he missed the point, but because he is a smart pup, I suspect he decided to selectively ignore the following issue.

A market weight diversified portfolio will have a ATM holding (and also holdings in the other NZX big cap's like FPH, AIA & MEL). Knowing about ATM and choosing to have a zero holding is effectively taking a negative position in ATM. Its not as negative position as shorting ATM, but its but still negative. Having taken a negative position, you like shorters will want ATM to go down, or at least not up as quickly as other shares.

Disc Hold ATM, but only a modest holding. No FPH, AIA or MEL.

[jimdog31]

Agreed Beagle has made a number of great contributions on this forum, although one of the things Beagle posted did kinda annoy me. He claimed that because he had a zero holding in one of the largest market cap companies on the NZX, he was a neutral voice. He also concurrently suggested the benefits of a diversified portfolio. If he wasn't a smart pup I'd have said he missed the point, but because he is a smart pup, I suspect he decided to selectively ignore the following issue.

A market weight diversified portfolio will have a ATM holding (and also holdings in the other NZX big cap's like FPH, AIA & MEL). Knowing about ATM and choosing to have a zero holding is effectively taking a negative position in ATM. Its not as negative position as shorting ATM, but its but still negative. Having taken a negative position, you like shorters will want ATM to go down, or at least not up as quickly as other shares.

Disc Hold ATM, but only a modest holding. No FPH, AIA or MEL.

Beagle did say on many occasions that he was exposed to ATM via his investment in kingfisher warrants (if I recall without going back) , so I believe that meant he wasnt contradicting his diversified portfolio theory.

Hope you feel less annoyed now 😉

[RTM]

Agreed Beagle has made a number of great contributions on this forum, although one of the things Beagle posted did kinda annoy me. He claimed that because he had a zero holding in one of the largest market cap companies on the NZX, he was a neutral voice. He also concurrently suggested the benefits of a diversified portfolio. If he wasn't a smart pup I'd have said he missed the point, but because he is a smart pup, I suspect he decided to selectively ignore the following issue.

A market weight diversified portfolio will have a ATM holding (and also holdings in the other NZX big cap's like FPH, AIA & MEL). Knowing about ATM and choosing to have a zero holding is effectively taking a negative position in ATM. Its not as negative position as shorting ATM, but its but still negative. Having taken a negative position, you like shorters will want ATM to go down, or at least not up as quickly as other shares.

Disc Hold ATM, but only a modest holding. No FPH, AIA or MEL.

Hmmm...I don't think that's a fair argument Scrunch. I have a pretty diversified portfolio...40 stocks, mostly NZ, a handful of Oz stocks, and I hold no ATM and have never held them. Not Spark or F&P or MFT either. I've never claimed it to be a "market weight diversified portfolio". can't recall Beagle using those words either.

All the best,
RTM

[winner69]

That makes me think that they have lost interest in ATM ...slowly they may go out fully ...for me thats very negative for future of ATM SP ...

For what’s it worth it appears Kingfish held their ground last week

Or maybe they were all on holiday and couldn’t be bothered doing anything