ATM - A2 Milk Corporation Limited

[Baa_Baa]

https://www.shortman.com.au/stock?q=A2M

Short coverings continue - providing short term price support.

Chart is looking promising, setup for the announce soon, with modest volumes showing a change in trend from pure down to a triple bottom on rising lows, albeit lower highs, undemanding indicators. A classic short term indecision wedge that will break up or down depending on where the results finish against revised guidance. It's all about the numbers now, chart says if you're in for a punt, now is a good time (with tight stops), if you're risk averse just wait.

glta

[RupertBear]

Chart is looking promising, setup for the announce soon, with modest volumes showing a change in trend from pure down to a triple bottom on rising lows, albeit lower highs, undemanding indicators. A classic short term indecision wedge that will break up or down depending on where the results finish against revised guidance. It's all about the numbers now, chart says if you're in for a punt, now is a good time (with tight stops), if you're risk averse just wait.

glta

Thanks for your insights Baa Baa much appreciated

[Balance]

Chart is looking promising, setup for the announce soon, with modest volumes showing a change in trend from pure down to a triple bottom on rising lows, albeit lower highs, undemanding indicators. A classic short term indecision wedge that will break up or down depending on where the results finish against revised guidance. It's all about the numbers now, chart says if you're in for a punt, now is a good time (with tight stops), if you're risk averse just wait.

glta

Third downgrade in the offing - the charts did not pick up the last two downgrades?

[Baa_Baa]

Third downgrade in the offing - the charts did not pick up the last two downgrades?

No they didn’t, as you know charts are hindsight but an insight into sentiment.

There’s no guarantee of anything, we all make our own calls. I’m happy to have a modest position here with reserves to leap into a good result, or wait until a good result.

You haven’t disclosed your position

[Balance]

No they didn’t, as you know charts are hindsight but an insight into sentiment.

There’s no guarantee of anything, we all make our own calls. I’m happy to have a modest position here with reserves to leap into a good result, or wait until a good result.

You haven’t disclosed your position

Been there, done that and pleased I got out before the two downgrades.

Still believe that ATM is one of the great success stories of NZ so on my watch list. Not a believer in buying anything on the way down, especially with a potential third downgrade in the offing. Happy to invest on the way up and pay more if appropriate.

[bull....]

We posted some time ago on this thread a scientific report into how covid would slash birth rates. now evidence is emerging that reinforces the report

China population: tumbling regional birth rates signal scale of country’s ageing crisis

• Population data released by some Chinese provinces and cities has shown dramatic declines in the number of newborns in 2020 compared to a year earlier

https://www.scmp.com/economy/china-e...s-signal-scale

[Balance]

https://www.fool.com.au/2021/02/08/w...f-year-result/

"Finally, on the bottom line, Goldman expects this to lead to a 36.7% decline in underlying net profit after tax to $119.1 million.

Goldman Sachs will also be paying close attention to its guidance for the full year. The broker is forecasting revenue of NZ$1,478.7 million and EBITDA of NZ$393.9 million for the 12 months. This will be a 14.6% and 28.4% decline, respectively, year on year."

Guess all will be revealed on 25 Feb.

[BlackPeter]

https://www.fool.com.au/2021/02/08/w...f-year-result/

"Finally, on the bottom line, Goldman expects this to lead to a 36.7% decline in underlying net profit after tax to $119.1 million.

Goldman Sachs will also be paying close attention to its guidance for the full year. The broker is forecasting revenue of NZ$1,478.7 million and EBITDA of NZ$393.9 million for the 12 months. This will be a 14.6% and 28.4% decline, respectively, year on year."

Guess all will be revealed on 25 Feb.

To be frank - analysts forecasts are in average not better than random (flip a coin) ... and the fool is in my experience not even one of the better coin flippers;

But still - these forecasts don't look flash, and in the short term they might even be right ... there is no reason to assume the Daigou channel worked particularly well over the last half year ...

[Sideshow Bob]

https://www.fool.com.au/2021/02/08/w...f-year-result/

"Finally, on the bottom line, Goldman expects this to lead to a 36.7% decline in underlying net profit after tax to $119.1 million.

Goldman Sachs will also be paying close attention to its guidance for the full year. The broker is forecasting revenue of NZ$1,478.7 million and EBITDA of NZ$393.9 million for the 12 months. This will be a 14.6% and 28.4% decline, respectively, year on year."

Guess all will be revealed on 25 Feb.

GS and TMF are hardly pushing the boat out......the turnover figures and profit/margin figures are in the area that the company updated a week before Christmas, for the half-year which finished 13 days after the announcement.......

[Balance]

To be frank - analysts forecasts are in average not better than random (flip a coin) ... and the fool is in my experience not even one of the better coin flippers;

But still - these forecasts don't look flash, and in the short term they might even be right ... there is no reason to assume the Daigou channel worked particularly well over the last half year ...

Fool is simply summarising the brokers’ views out there - they then impose their own view on the brokers’ views.