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  1. #1591
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    Huge volume yesterday at the closing match price suggests the market thinks Macauarie's are well and truly wrong so I've put their report in the bin where it belongs
    Huge volume and share price goes down (when market was up) ......hmmm

    Some say that’s not good
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #1592
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Beagle View Post
    ATM paid $10.90 to acquire an 8% stake a while back. Millions went through yesterday in the mid 11's. I rest my case.
    ATM had ‘strategic reasons’ so price wasn’t first priority?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #1593
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    ATM had ‘strategic reasons’ so price wasn’t first priority?
    One might like to consider if they have more strategic reasons going forward ? Some old dog on here a while back opinioned that a takeover at $16 or thereabouts makes profound commercial logic for ATM.
    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

  4. #1594
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    Quote Originally Posted by minimoke View Post
    Time to look at what is being bought: http://www.talbotforestcheese.co.nz/On-Offer.php

    and some background http://www.stuff.co.nz/timaru-herald...s-of-Geraldine

    Go to make that A2 cheese somewhere and what better place than just down the road at Geraldine. An excellent place to taste (and buy) on a road trip south

    Synlait about to supply Foodstuffs(SI) their retail packaged cheese along with the milk contract with the acquisition of Talbot Forrest Cheese.

  5. #1595
    Legend minimoke's Avatar
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    Milky tide seems to be lowering all boats. SML down as well - maybe on the back of ATM

  6. #1596
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    $11..........are we down to fair value yet based on the 2019 forecast?

  7. #1597
    ShareTrader Legend bull....'s Avatar
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    increasingly looks like the spike was a blow off top
    one step ahead of the herd

  8. #1598
    Speedy Az winner69's Avatar
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    Quote Originally Posted by bull.... View Post
    increasingly looks like the spike was a blow off top
    ....normally not a good sign eh bull
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #1599
    Speedy Az winner69's Avatar
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    Quote Originally Posted by nzsharetrade View Post
    $11..........are we down to fair value yet based on the 2019 forecast?
    No — a few more bucks to go imho
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #1600
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by winner69 View Post
    ....normally not a good sign eh bull
    time will tell .... bitcoin , pot nz has milk?
    one step ahead of the herd

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