ATM - A2 Milk Corporation Limited

[dreamcatcher]

Not a bad post @YoungBull good on you for making a decision that suits you. Think about adding the previous Aust Daigou trading back to result.

I'm still here makes three.............

[alokdhir]

next area of support on the charts looks like 7.60 - 8 previous area of congestion from 2017

When to buy for a dead cat bounce ...it always happens for ATM ...all 3 previous big drops lead to dead cat bounce ...so this time also very possible...8.80 -9.20 zone....??

[Balance]

Not a bad post @YoungBull good on you for making a decision that suits you. Think about adding the previous Aust Daigou trading back to result.

I'm still here makes three.............

There are plenty who have taken note of the warnings from the 3 Bs and got out.

I have personally received thank you messages from them.

Too bad for those who think they know better.

[winner69]

i was a jane fan too. we were among the minority on that one on this forum as most were all singing geoff return as the messiah has returned

Gone downhill since Jayne left --- company performance

Said many times bring Geoff back a big mistake - caretaker whose past best by date when company need drive

Chairman Hearn has a lot to answer for

His resignation should be coming soon

I take it Chairman Hearn is still ensconced in the UK?

[bull....]

When to buy for a dead cat bounce ...it always happens for ATM ...all 3 previous big drops lead to dead cat bounce ...so this time also very possible...8.80 -9.20 zone....??

thats the thing the stock price will just keep tracking down till price eventually catches up with fundamentals. it will only go up if the fundamental picture changes.
the management seem to think its just around the corner so i hope there right or it be like you say dead cat bounces

[alokdhir]

thats the thing the stock price will just keep tracking down till price eventually catches up with fundamentals. it will only go up if the fundamental picture changes.
the management seem to think its just around the corner so i hope there right or it be like you say dead cat bounces

I think it bounces from 20% down levels ...so around $ 8.80 I can try to get some juice out of it ...

Also I think its nearing long term buy levels ...can reward in a big way if u have 2-3 years perspective

[Balance]

Gone downhill since Jayne left --- company performance

Said many times bring Geoff back a big mistake - caretaker whose past best by date when company need drive

Chairman Hearn has a lot to answer for

His resignation should be coming soon

I take it Chairman Hearn is still ensconced in the UK?

Did they (Hearn, Geoff, Nathan etc etc) not do well, selling all those shares near the top of the market a month before the first downgrade?

Sell when directors and management sell - many did so on the ASX and boy, they read the management so well!

[see weed]

Funny how things go. Looking back to 20/2/18 bought 21,000 @ $9.30 and sold them the next morning for $11. That makes me smile.

[Balance]

Also I think its nearing long term buy levels ...can reward in a big way if u have 2-3 years perspective

That's what some were saying after the first downgrade.

I recall it well.

[winner69]

So full year ebitda going to be about $336m - down $214m on last year (about 40%)

Sales being down 20% account for about half of the $214m

But the real killer is the significamyly margin - reason behind the other half of the lower ebitda

Sales decline compounded by lower margins - ouch