ATM - A2 Milk Corporation Limited

[Blue Skies]

Interested to see Hamilton Hindin Greene saying they were seeing bargain hunters moving in towards end of last week.
Trickle could become a flood at first sign of any good news & the possibility of a quick 20 -25% gain, but pure speculation on my part.
Still at some point it will be or have been oversold.

[Balance]

Interested to see Hamilton Hindin Greene saying they were seeing bargain hunters moving in towards end of last week.
Trickle could become a flood at first sign of any good news & the possibility of a quick 20 -25% gain, but pure speculation on my part.
Still at some point it will be or have been oversold.

There will most likely be a huge fifth downgrade when the strategy review and reset is announced - whenever that is.

So traders are best to play the game tight & short. There’s money to be made from the rose tinted glass wearers with their eyes firmly fixed on the rear windscreen mirror!

[winner69]

Do traders generally close their position at end of the week?y

[RTM]

Do traders generally close their position at end of the week?y

Always. Except when the price goes down. Then they become investors.

[Balance]

Always. Except when the price goes down. Then they become investors.

Haha - well said!

I have to say that in all my years of interaction with all kinds of market players, I have met very very few consistently successful traders.

The successful ones were very disciplined with tight trading limits and then, figured out that they were actually better off just investing in sound long term growth stocks! Less stress and more gains.

Then there are those who enjoy trading but that’s a different story altogether. There’s an 85 years old trader I know who trade everyday, using options(!) and rather involved strategies, to keep his mind sharp. His private company is one of NZ’s biggest rural property owners.

[Balance]

But the markets need traders - otherwise, there’s bugger all excitement & volatilities which we know, create opportunities!

[kiora]

Milk value train
https://www.stuff.co.nz/business/the...a-alan-bollard
"Continuing failure to extract value from our exports. (For an account of how Singapore makes more money from our dairy powder than we do, see the NZ PECC Dairy Value Chain report!)"
https://www.pecc.org/publications/54...-chains-report

[Sideshow Bob]

From Fonterra's market quarterly:

China - "With the exception of infant formula, increased volumes were observed across all other product categories"

347294.pdf (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

[bull....]

a2 about to be sued .... wait for other suitors to appear as well i reckon they all want some of a2 cash pile. no good for the company be tied up in law suits for ever now.



Media reporting regarding potential class action


https://www.nzx.com/announcements/373089


Slater and Gordon investigates possible a2 Milk class action


Based on its investigations to date, Slater and Gordon wrote in an email to investors viewed by The Australian Financial Review that shareholders who had purchased stock on both the ASX and NZX between August 19, 2020 and May 7, 2021 may have basis for a claim

https://www.afr.com/companies/manufa...0210527-p57vlj

[Blue Skies]

a2 about to be sued .... wait for other suitors to appear as well i reckon they all want some of a2 cash pile

Media reporting regarding potential class action


https://www.nzx.com/announcements/373089


Slater and Gordon investigates possible a2 Milk class action


Based on its investigations to date, Slater and Gordon wrote in an email to investors viewed by The Australian Financial Review that shareholders who had purchased stock on both the ASX and NZX between August 19, 2020 and May 7, 2021 may have basis for a claim

https://www.afr.com/companies/manufa...0210527-p57vlj

Could this be connected to directors selling large chunks of stock at the peak and the disconnect between what was being forecast & reality?