ATM - A2 Milk Corporation Limited

[sb9]

Perhaps ATM is looking 'toppy' at a market cap of $2.2 Bill (at SP $3.14) and a PE of 38 however its record is very impressive, sound management, great geographical spread, sound technology and still only just scratching the surface of the many products it could offer/licence (at a premium) e.g. flavoured milk, yoghurt, cheese, ice-cream, etc. Crikey, ATM is even offering the carrot of dividend payments in FY2018.
FY2013 Revenue $94.7 mill
FY2014 Revenue $110.8
FY2015 Revenue $155.1
FY2016 Revenue $352.8
First half FY2017 Revenue $256 mill so ATM may achieve $500 mill plus for the full FY2017.

I welcome other posters estimates of a fair value for ATM, but at the moment Mr Market would seem to be indicating a SP between $NZ 3:00 and $3:50 is achievable. Clearly we all await the next market update with interest.

Disc; DYOR. Holding and happy.

One thing for sure lf, someone seem to be soaking up all available volume in the past week or so, since the relaxation of cross border e-commerce rules. That effectively derisked most of issues relating to Chinese market.

After that we're now left with CFDA registration eff 1st Jan 2018, which I'm sure A2/Synlait will be granted and the Lion case due for hearing in Nov of this year. And if one were to read the market sentiment Lion would be shivering in their pants looking down the barrel of some hefty penalties which is cream on to for A2 milk.

Then the last bits are fundamentals and market demand which we all very well aware.

Taking all these into account my take is market is essentially rerating A2 at the moment and hence such strong accumulation happening.

Keen an eye out for SSH notices to come out shortly, that'll be telling imo.

Lastly, DYOR

[JeremyALD]

One thing for sure lf, someone seem to be soaking up all available volume in the past week or so, since the relaxation of cross border e-commerce rules. That effectively derisked most of issues relating to Chinese market.

After that we're now left with CFDA registration eff 1st Jan 2018, which I'm sure A2/Synlait will be granted and the Lion case due for hearing in Nov of this year. And if one were to read the market sentiment Lion would be shivering in their pants looking down the barrel of some hefty penalties which is cream on to for A2 milk.

Then the last bits are fundamentals and market demand which we all very well aware.

Taking all these into account my take is market is essentially rerating A2 at the moment and hence such strong accumulation happening.

Keen an eye out for SSH notices to come out shortly, that'll be telling imo.

Lastly, DYOR

Idk if atm dosent blow it out of the water in the next update it will drop like a rock. I'm a bit guttered about selling too soon but I really wouldn't risk buying in at an all time high given its volatility, especially after announcements

[Beagle]

One thing for sure lf, someone seem to be soaking up all available volume in the past week or so, since the relaxation of cross border e-commerce rules. That effectively derisked most of issues relating to Chinese market.

After that we're now left with CFDA registration eff 1st Jan 2018, which I'm sure A2/Synlait will be granted and the Lion case due for hearing in Nov of this year. And if one were to read the market sentiment Lion would be shivering in their pants looking down the barrel of some hefty penalties which is cream on to for A2 milk.

Then the last bits are fundamentals and market demand which we all very well aware.

Taking all these into account my take is market is essentially rerating A2 at the moment and hence such strong accumulation happening.

Keen an eye out for SSH notices to come out shortly, that'll be telling imo.

Lastly, DYOR

Four million crossed at $3.18 just after the close, up another 10 cents today. Rubbing A2 milk into yesterday's wound, feels very soothing...that stupid manuka honey medicine is snake oil rubbish now

[Sideshow Bob]

Four million crossed at $3.18 just after the close, up another 10 cents today. Rubbing A2 milk into yesterday's wound, feels very soothing...that stupid manuka honey medicine is snake oil rubbish now

ROTFL!

[sb9]

Four million crossed at $3.18 just after the close, up another 10 cents today. Rubbing A2 milk into yesterday's wound, feels very soothing...that stupid manuka honey medicine is snake oil rubbish now

That's massive...something's up for sure, glad some pain eased for you from this one Roger

[couta1]

Idk if atm dosent blow it out of the water in the next update it will drop like a rock. I'm a bit guttered about selling too soon but I really wouldn't risk buying in at an all time high given its volatility, especially after announcements

I know the feeling, I left a huge amount on the table from my sale price compared to today's close, but there's no way I would have held until now anyway, once a horse has bolted from the stable, wait till it tires itself out before trying to catch it.That nice big MACD curve formation won't be complete until it has a nice bell shape to it, and we know what that means. The next set of results are going to have to be out of this world, It kinda reminds me of Xro in 2013, when that great Wall of money kept driving the price up, and then.

[Leftfield]

7.2 Million shares changed hands today.....that's huge support for today's prices. Perhaps 'something is up' as sb9 suggests. Interesting times.

[777]

7.2 Million shares changed hands today.....that's huge support for today's prices. Perhaps 'something is up' as sb9 suggests. Interesting times.

2 million before opening and 4.3 million after close. Someone taking a big position.

[Beagle]

http://www.4-traders.com/A2-MILK-COM...apide&mots=ATM Trading on a FY18 forward consensus multiple of 25 times earnings for a company that recently nearly quadrupled its interim profit and is only just starting to scratch the surface of some international markets.

Over-priced or more potential to come ? From a TA perspective we're making ongoing new highs on high volume and looks very promising. Fundamentally it doesn't look too stretched either. The shorters have all been closed out and properly scalped so that's not really the issue it once was (well...not for now anyway).
A2 has real earnings and highly impressive earnings growth driving its SP growth. Closed at $A2.96 in Aussie, equal to $3.20 here.

[t.rexjr]

2 million before opening and 4.3 million after close. Someone taking a big position.

Prior to the 4.2mill after close VWAP was only $3.06