ATM - A2 Milk Corporation Limited

[Balance]

Could be given heave ho from ASX50 at this rate of decline

Market cap now behind MFT, FBU & CEN so a distinct possibility comes May on MSCI.

Take out Plested 16% in MFT and it's a toss up whether it's FBU or MFT which will replace ATM.

Remember how FBU fell like a stone leading to and when it was kicked out of the MSCI?

[Lease]

Market cap now behind MFT, FBU & CEN so a distinct possibility comes May on MSCI.

Take out Plested 16% in MFT and it's a toss up whether it's FBU or MFT which will replace ATM.

Remember how FBU fell like a stone leading to and when it was kicked out of the MSCI?

But you made decent return on FBU, right? So it doesn't matter whether ATM will be kicked out of MSCI. The matter is whether it can restore lost revenue and earnings.

[tommy_d]

I have been following the debate... ruby made an attack throwing mud and misinformed comment... follows up reminding everyone to be nice. Classic

^ 100%.

Might be like me, down a bit on A2M due to making some bad decisions snatching the A2M falling knife while ignoring the advice of informed posters in this thread.
Ruby linking to a suicide article is in really bad taste, implying that criticism of Ruby's posts might result in Ruby's suicide - surprised that doesn't result in a forum ban, it disgusts me.

[Balance]

But you made decent return on FBU, right? So it doesn't matter whether ATM will be kicked out of MSCI. The matter is whether it can restore lost revenue and earnings.

It matters for a few reasons:

1. Normally will lead to price weakness which means best to avoid until said event (ie. kick out of MSCI). Presents investment opportunity - refer 2 however.

2. Being in the MSCI means that there's ongoing buying support for the stock - as global FUM grows, some of those funds will flow into the stock.

3. Brokers and analysts have to cover stocks included in the big cap MSCI - providing valuable insights into how the company and the industry it is in are doing.

As I have posted before, the reason why I bought FBU is that the company has been around for decades and has a solid fundamental oligopolistic NZ earnings base. Matter of pricing that potential.

With ATM, the triple downgrades (and one more to come - market consensus) have highlighted several deep weaknesses in ATM. Matter of assessing how badly the weaknesses have impacted on the company's earnings potential and then, pricing it. The good news is that we can expect the new CEO to go through the weaknesses and he will attempt to address them. Let's see what he comes up with.

[Ruby]

^ 100%.

Might be like me, down a bit on A2M due to making some bad decisions snatching the A2M falling knife while ignoring the advice of informed posters in this thread.
Ruby linking to a suicide article is in really bad taste, implying that criticism of Ruby's posts might result in Ruby's suicide - surprised that doesn't result in a forum ban, it disgusts me.

Mate,I wasn't referring to myself,but another large holder in here who has been constantly ridiculed for hanging onto a large holding,he is regularly mocked in here and Hot Copper over his massive paper loss...just looking out for others.

[Ruby]

Mate,I wasn't referring to myself,but another large holder in here who has been constantly ridiculed for hanging onto a large holding,he is regularly mocked in here and Hot Copper over his massive paper loss...just looking out for others.

Ridiculing and demeaning someone who has lost money is neither,classy,clever or in good taste.
And like I said,you don't know how they are feeling or thinking and they may be in a fragile state.

[KJMLimited]

When CEN and Mel were sold by Blackrock everyone positioned for a big sell down at a discount. The discount turned out to be a premium.

[Lease]

https://www.aleishalee.com.au/0

Daigou 2.0 has came. Wish ATM management have noted.

[alokdhir]

Most likely ATM is out from MSCI and rightly MFT/FBU in ....such indexes represent upcoming or going up companies while going down ones gets kicked out till they get their act together if they can ...this is how passive investors make money by keep following indexes which keep churning for flab out and new muscle in ...

There should not be any debate about it ....ATM needs to go as its not performed and MFT/FBU have done and doing better so for the sake of passive investors and to keep their faith in following such indexes this change need happen .

[Baa_Baa]

May is seasonally a bad month for A2M, on 10 year average it's only one of three months down during the year. Shorts are climbing again, over 6% now. Chart is rubbish.

Got another parcel this week.