ATM - A2 Milk Corporation Limited

[Waltzing]

the CCP has a ground hog day strategy on the virus. obviously population not jabbed enough and there vaccine not effective enough.

population unrest on the rise.

not an investible country..

[ralph]

the CCP has a ground hog day strategy on the virus. obviously population not jabbed enough and there vaccine not effective enough.

population unrest on the rise.

not an investible country..

Never has been in reality anything could happen and will

[carrom74]

China is sneezing the world will soon cough! Consumption down and so is all macro economic indicators. Another red flag for exporters … especially for China dependent ATM

https://www.reuters.com/world/china/...nd-2022-04-18/

[Hoop]

Still a long way to erode further by the look of daunting hurdles. Nerves of steel for those who haven't sold out already. Lot of holders either not wanting to realise losses or holding out for some shear hope. Maybe the targets of $3.50 - $4 are still a genuine reality over 2022. Another sell off in the works

Another sell off???.. Technically there is a good chance as the shareprice has nudged just below its primary support...Mind you it could be said that ATM is dragging along the bottom for 11 months now and there has been no signicant rally for 5 months..an unusual price (chart) behaviour..The longer it stays around the bottom the bigger the chance of a fall rather than a rise.

Fundamentally ATM seems sound in the sense that it is sitting on a cash Mountain if today's NZ Herald article is correct the cash pile is about 90cents/share..that's pretty awesome for a very unloved stock..However it may show that good management is lacking.. Is the cash pile big enough to attract sharks?
Disc: own a few (dabble) currently -15%..

[Pitch Group]

Another sell off???.. Technically there is a good chance as the shareprice has nudged just below its primary support...Mind you it could be said that ATM is dragging along the bottom for 11 months now and there has been no signicant rally for 5 months..an unusual price (chart) behaviour..The longer it stays around the bottom the bigger the chance of a fall rather than a rise.

Fundamentally ATM seems sound in the sense that it is sitting on a cash Mountain if today's NZ Herald article is correct the cash pile is about 90cents/share..that's pretty awesome for a very unloved stock..However it may show that good management is lacking.. Is the cash pile big enough to attract sharks?
Disc: own a few (dabble) currently -15%..

Currently down 10% and that is after a 2.5% gain today

[carrom74]

Possible takeover of Danone by Lactails...

Danone's latest report had a 1.8% decline on their dairy segment(UK-RUS war reason).Could be a positive one for ATM as Danone is a bigger player in China.ATM may have increased its market share(especially in UHT-its new product and milk powder segments)
Food staple stocks are all going up of late in Europe.With inflationary pressures, and the war situation not going out soon,ATM ---if could hold on to what they projected in FEB, can see an uplift.
With a staggering pile of cash--of course

https://www.just-food.com/news/lacta...danone-assets/

Disc-Holding(still....).

[whatsup]

Sub $5-00 atm with ongoing uncertainty in China, lockdown affecting their economy big time.

[nztx]

Today's fortunes so far dont look much better with further retreat

[couta1]

Today's fortunes so far dont look much better with further retreat

Total wealth destruction company, so many more losers than winners in this one with a 12 billion market cap wipeout in less than 2 yrs, even the likes of Blackrock have been smashed severely.

[Sideshow Bob]

Total wealth destruction company, so many more losers than winners in this one with a 12 billion market cap wipeout in less than 2 yrs, even the likes of Blackrock have been smashed severely.

A2 paid for a big chunk of my house. Many here would have been holders early days.