ATM - A2 Milk Corporation Limited

[Sideshow Bob]

http://viewer.zmags.com/publication/...a#/a438dfaa/18

[Sideshow Bob]

Up 12c for the week currently and think up at least up 1-3 c every day this week.

No comment? Or is everyone just waiting for the next update......?

[Leftfield]

Up 12c for the week currently and think up at least up 1-3 c every day this week.

No comment? Or is everyone just waiting for the next update......?

There was considerable comment on the price at the last update...... SP at current levels still underpriced IMHO.

[couta1]

There was considerable comment on the price at the last update...... SP at current levels still underpriced IMHO.

Once the index rebalancing is finished, price will drop as shorters kick into full swing, plus our dollar has weakened against the Aussie inflating the SP on the NZX.

[BullishBear]

Once the index rebalancing is finished, price will drop as shorters kick into full swing, plus our dollar has weakened against the Aussie inflating the SP on the NZX.

They wont get mine even if the price goes back to 8c is when I first got notice of this treasure trove.

[Leftfield]

They wont get mine even if the price goes back to 8c is when I first got notice of this treasure trove.

I agree......whether this week is a hiccup or a trend, any concern depends on your investment strategy. I'm in ATM for the long haul and see a good trend developing

Attachment 8758

[sb9]

Once the index rebalancing is finished, price will drop as shorters kick into full swing, plus our dollar has weakened against the Aussie inflating the SP on the NZX.

Shorters been very active over last 7 to 8 trading days averaging more than 35% with highest for a day being 57%.

Despite their persistent efforts sp has been very resilient and holding its ground.

[Vish]

Sitting back watching the ATM show and holding.

[sb9]

Apparently as per AFR from y'day news is that China backs down on tough cross border e-commerce laws to boost Aus exports to China. And looks like they've indefinitely delayed those rules around complex new licensing and labelling requirements in China....

No stopping now for ATM

[sb9]

China backs down on tough new e-commerce laws in boost for Aussie exporters

China has delayed indefinitely tough new-cross border e-commerce laws that had threatened to disrupt the flow of Australian vitamins, milk powder and cosmetics into booming markets on the mainland.

The surprising backdown by Beijing comes ahead of Chinese Premier Li Keqiang arriving in Australia on Wednesday for talks on upgrading the free trade agreement and how to eliminate other non-tariff barriers.

The indefinite delay is a big win for vitamin makers Blackmores and Swisse, which were facing complex new licensing and labelling requirements in China. The backdown should also benefit infant formula makers a2 Milk Company and Bellamy's Australia, which have been hurt by uncertainty on how the new regulations would be implemented.

"We welcome the updated regulations from the Ministry of Commerce in China, as it signals a strengthening of the commitment to the cross-border e-commerce channel from the Chinese regulators," Peter Nathan, chief executive of a2 Milk, said

China's Commerce Ministry said goods coming into the country via cross-border e-commerce platforms would be classified as "personal" rather than "common" trade, meaning there would be no additional requirements for local registration or labelling.