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
Its now at number 5 position in their portfolio ...maybe on back burner ...longer term story for them .
MFT and IFT have done wonderfully well for them ...FPH slightly negative since Vaccine news out ... SUM also did well ...ATM most down in top 5 !!
Maybe future returns they are looking at FPH and ATM !!!
New Covid developments and worldwide market levels are little concerning ...but markets can remain irrational longer then participants solvent if going against the trend ...
Coal up in china, perhaps wine has also gone up? No new shouting ? could be a sign china does not really want this to go much farther. Things could slowly set relations back towards something a bit better than at present and that would be good for ATM.
Coal up in china, perhaps wine has also gone up? No new shouting ? could be a sign china does not really want this to go much farther. Things could slowly set relations back towards something a bit better than at present and that would be good for ATM.
Any resolution of the China trade sanctions & reduction of tensions against Australia will be positive for ATM.
Meantime, how is the market likely to assess ATM over the next 7 weeks or so until the interim results are announced in Feb 2021.
Good summation by Motley Fool, one of the biggest bulls of ATM right through until the recent past :
"The a2 Milk share price could go either way in 2021 according to brokers.
However, where the company lands on its guidance range in FY 2021 is likely to have the biggest say in how its shares perform over the next 12 months."
People locked in and there is a birth slump? This would be the first generation where that is the end result. Perhaps we are heading for extinction.
I am picking the shorters will be the ones with hot backsides in Feb.
People locked in and there is a birth slump? This would be the first generation where that is the end result. Perhaps we are heading for extinction.
I am picking the shorters will be the ones with hot backsides in Feb.
there is a very real and noticeable declining fertility rate worldwide. I doubt covid is really having much of an impact besides a possible economically motivated short term blip but one would expect a corresponding rebound in the years after similar to ww1 and 2.
nevertheless I don’t see this hurting ATM as they continue to grow market share but there will be other traditional a1 milk players who get squeezed out.
in the years a ahead as subsaharan african populations boom and grow wealthier there will be good opportunity to shift focus to these markets
People locked in and there is a birth slump? This would be the first generation where that is the end result. Perhaps we are heading for extinction.
I am picking the shorters will be the ones with hot backsides in Feb.
Suspect they are counting on the new CEO coming in and attempting to wipe the slate clean with a third downgrade.
That's kinda what happens when you have a transition from one CEO in the midst of downgrades to another.
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Originally Posted by Balance
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