Worth noting that at $10.95, ATM is now New Zealand's largest publicly listed company...
Well spotted. FPH market cap is $7.3 Billion, ATM $8.0 Billion at $11.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
I just sold some from my kids portfolio that cost $1.84........ they'd better be grateful one day when they realise they have some money. (and that perhaps I'm not the meanest mum in the world after all!)
They'de probably be more greatful had you held em...
Well done and good on you. You were a "believer" right from the start if I remember correctly and its good to see your convictions and hard work pay off.
Thanks bc. Can only dream of what if......if I had of kept the original 357k bought at .47 to .60c.
Thanks bc. Can only dream of what if......if I had of kept the original 357k bought at .47 to .60c.
no worries, don't beat yourself up about that. Never wrong to take something off the table. My dad bought some at 10 cents and took some off at 50 cents too.... plenty of what ifs there as well. Best just ignore them
Thanks bc. Can only dream of what if......if I had of kept the original 357k bought at .47 to .60c.
Doesn't pay to dream too much of what if, I'm in a similar boat to you if I totalled all the ones I let go for a song in comparison to today's price. It's always good to be thankful for what you have, rather than what could have been.
Crikey…. I read the result early this morning…. heart starts pounding so I go for a walk to calm down and come back 2 hrs later over $70k better-off. ( Maybe that's not much to some, but that's a huge amount for me!) Thanks ATM. Thanks to other posters here who shared the belief over the last 3 - 4 yrs.)
As I digest today’s great news I think the key is still the Frontera link and although we expected gains due to the SML production doubling…. now the added Frontera JV greatly accelerates that growth.
The Frontera link means:
- A2’s valuable IP just got a major credibility boost.
- Huge growth in A2 raw milk production base.
- Huge growth in the number and variety of A2 product extensions available worldwide.
As one Hot Cpper poster summed it up;
“Basically, it's brought together the best of both companies: A2M's know how, branding and marketing with Fonterra's supply and manufacturing capacity in any product and region A2M's chooses to grow.”
Add to that, ATM’s growing strength in the UK and USA and whoopee. Our predictions of $12 a share by the end of 2018 are looking v conservative.
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