ATM - A2 Milk Corporation Limited

[Ruby]

Are you reading the same article? If confused, read Ruby’s post which includes the positives. Then read Balances post which includes only the negatives. Seems just as many positives as negatives to me?

A quick line by line count on both posts is 9 each,a draw lol

[tomm]

The Negatives are all taken in with all the informations available.
The Positives are reflecting the SP from Insto's and share holders whom already taken into accounts and looking to the future of the company and have been buying back shares from all the panic sellers.
It has been 3 days straight :
1st day : 42 mil shares was changed hand. (NZX and ASX)SP was pushed down to $8.92NZD
2nd day: 26 mil shares was changed hand. (NZX and ASX)SP was pushed up to$10.47NZD to $10.65NZD on ASX
3rd day: 16 mil shares was changed hand. (NZX and ASX)SP was steady $10.05
It calmed yesterday : just under 5 mil shares changed hand.(NZX and ASX) $10-10.05

The panic is calmed , I believe most of the panickers are now realised that is it and stop selling and hold.
Also taken into account that shorters are also recovering at this price, meaning it is a very good price for this ATM stock at this moment.

Any positive news will lift off this darling ATM rocket!

[Balance]

The Negatives are all taken in with all the informations available.
The Positives are reflecting the SP from Insto's and share holders whom already taken into accounts and looking to the future of the company and have been buying back shares from all the panic sellers.

Or so you wrote after the first & second downgrades as well.

[TLM54]

Now below 10 bucks again and forming a similar pattern to after the second downgrade. Drop... bounce... drop

The SP is trading through the fib retracement levels. It's been rejected off the 61% and 50% levels already. Good chance we will see the mid-low $9 soon if we see closing below $9.90.

[Baa_Baa]

The SP is trading through the fib retracement levels. It's been rejected off the 61% and 50% levels already. Good chance we will see the mid-low $9 soon if we see closing below $9.90.

What date did you start your fib retrace, could you post your chart?

[BlackPeter]

...
The new China based board member Bessi Lee has an impressive pedigree;
Bessie is a highly regarded company director and an expert, especially in digital marketing and innovative data management in China, with a diversity of experience. She is a director on the boards of Electrocomponents and Abcam and an industry advisor to Greater Pacific Capital. She was also previously a director at Ecovacs Robotics.
Bessie founded Withinlink Limited in 2015 where she continues to focus on investing and incubating marketing technology start-ups in China, several of which have listed in the past few years.
Bessie was previously the CEO of WPP China, the world’s leading marketing communications group, focusing on mergers and acquisitions, senior client relations and government relations. Bessie is the recipient of numerous industry awards, including being named The Most Innovative Person in Business in 2019 by the International Entrepreneurs, Creatives and Innovators Association (IECIA).
Bessie resides in China.

OK - you copied the usual corporate speak (to avoid the proverbial) coming with any new director / manager. I can't remember that I ever did read anything negative in any company announcement for any new director, and lets face it - most of them are average and as many of them are terrible as there are outstanding.

Having said that am I now wondering - what particularly in the above announcement made you think that her "pedigree" is particularly relevant and impressive for an A2M board position? What do you know about her which makes you move her into the say upper quartile of all possible directors?

Maybe you could compare above corporate announcement with one of the "announcements" for known useless seat warmers and just explain to us the differences. I would love to learn how to recognize great directors from announcements like that ...

[tomm]

Or so you wrote after the first & second downgrades as well.

READ.

The Negatives are all taken in with all the informations available.
The Positives are reflecting the SP from Insto's and share holders whom already taken into accounts and looking to the future of the company and have been buying back shares from all the panic sellers.
It has been 3 days straight :
1st day : 42 mil shares was changed hand.(NZX and ASX) SP was pushed down to $8.92NZD
2nd day: 26 mil shares was changed hand. (NZX and ASX)SP was pushed up to$10.47NZD to $10.65NZD on ASX
3rd day: 16 mil shares was changed hand. (NZX and ASX)SP was steady $10.05NZD
It calmed yesterday : just under 5 mil shares changed hand.(NZX and ASX) $10-10.05NZD

The panic is calmed , I believe most of the panickers are now realised that is it and stop selling and hold.
Also taken into account that shorters are also recovering at this price, meaning it is a very good price for this ATM stock at this moment.

Any positive news will lift off this darling ATM rocket!

[Ruby]

OK - you copied the usual corporate speak (to avoid the proverbial) coming with any new director / manager. I can't remember that I ever did read anything negative in any company announcement for any new director, and lets face it - most of them are average and as many of them are terrible as there are outstanding.

Having said that am I now wondering - what particularly in the above announcement made you think that her "pedigree" is particularly relevant and impressive for an A2M board position? What do you know about her which makes you move her into the say upper quartile of all possible directors?

Maybe you could compare above corporate announcement with one of the "announcements" for known useless seat warmers and just explain to us the differences. I would love to learn how to recognize great directors from announcements like that ...

I just copied that for reference from the A2 governance page,not as an announcement.
I am referring to her time as CEO of WPP below,seems to have relevant knowledge on sales & marketing in China,Could be worse,we could have got Theirry Speirings,ex Fonterra guru.
"...The Group's Chinese operations are well established in the areas of Advertising; Media Investment Management; Data Investment Management; Public Relations & Public Affairs; Branding & Identity; Healthcare Communications; Digital, eCommerce and Shopper Marketing; and Specialist Communications..."

[Akane]

He told me I was gambling and I should just believe in the company I want to invest in and put money in and not to look at my investment for years. One would have thought ignoring price action and obvious signs to exit would have meant you were specifically trying not to just gamble lol

A lot of people want a repeat of IBM shares or Apple shares, the heartfelt story of "I was given 10,000 XYZ shares 30 years ago, they were worthless at $0.01 each, so I just forgotten about them, and now I'm a billionaire!"

Whilst we're on this topic, I got a ToS change email from one of my bitcoin mining pools last night, that I haven't logged in since late 2011. I logged in again last night and found that I have 0.011 of a BTC (I've set it to only pay out when it reaches a full 1.0 BTC), what was worth sweet FA back then has become $800+ as of last night, so I got to experience that.

Pity about the 2 BTC's that got hacked though, that's another forum for the Mt Gox saga.

[BlackPeter]

I just copied that for reference from the A2 governance page,not as an announcement.
I am referring to her time as CEO of WPP below,seems to have relevant knowledge on sales & marketing in China,Could be worse,we could have got Theirry Speirings,ex Fonterra guru.
"...The Group's Chinese operations are well established in the areas of Advertising; Media Investment Management; Data Investment Management; Public Relations & Public Affairs; Branding & Identity; Healthcare Communications; Digital, eCommerce and Shopper Marketing; and Specialist Communications..."

Fair enough, you would think that she should have some idea how to market in China.

On the other hand - if I look at the WPP annual results during her stewardship (
2017: https://www.wpp.com/-/media/project/...ual_report.pdf
2014: https://sites.wpp.com/annualreports/...ull_report.pdf)
- the Chinese results do look somewhat diminishing, don't they?
Of course, she worked only part time as WPP CEO (Mondays to Wednesdays), this might have made a difference as well?

It appears that China revenue during her tenancy dropped from 1.5bn in 2014 to 1.4bn in 2017, and this was the time when the Chinese economy was growing two digits per year and GPP world wide was growing with something like 5% per year.

Have a look through the WPP annual reports - they say so much than the A2M corporate statements :

Maybe it was not just her interest in her investment company that she left her job with WPP in May 2017?

Who knows. I do note however that she isn't putting any emphasis on her WPP episode in her LinkedIn profile, hard to find.

Maybe you are reading more into it than she does :