ATM - A2 Milk Corporation Limited

[Balance]

Yeah sure, horses for courses. Depends which side equation you sit on ultimately.

So went up on the back of very good numbers from Bubs and then, Danone. I am simply making the observation that ATM has not produced any numbers and you can see the market reaction.

I was neutral waiting on the strategy reset all along but with the sp spiking higher in the last 2 weeks, thought there was a golden opportunity for ATM to update the market with good numbers.

Not only did ATM not update with good numbers, it did not disclose any numbers at all! Inexcusable !

Now I am indeed with Beagle that ATM is an uninvestable stock until sp is around $3.00 on current settings.

[sb9]

So went up on the back of very good numbers from Bubs and then, Danone. I am simply making the observation that ATM has not produced any numbers and you can see the market reaction.

I was neutral waiting on the strategy reset all along but with the do spiking higher in the last 2 weeks, thought there was a golden opportunity for ATM to update the market with good numbers.

Now I am indeed with Beagle that ATM is an uninvestable stock until sp is around $3.00 on current settings.

Each to their own, its upto each one to decide whether to invest or short if you choose to or do nothing.

[Balance]

Each to their own, its upto each one to decide whether to invest or short if you choose to or do nothing.

But of course, sb9.

This forum is here for us all to express and share news, analysis and views. As always, DYOR.

[sb9]

But of course, sb9.

This forum is here for us all to express and share news, analysis and views. As always, DYOR.

100%, I've expressed mine and so have you. Let's agree to disagree and move on.

[couta1]

Big volumes have been happening on the way up and on the way down? Nothing unusual.

For sure but why would big players waste money on a stock if they thought it was going to continue to fall? For it to get anywhere near $3 the next result would need to be catastrophic which of course is a possibility but not likely, more likely a very slow grind forward from here.

[Balance]

For sure but why would big players waste money on a stock if they thought it was going to continue to fall? For it to get anywhere near $3 the next result would need to be catastrophic which of course is a possibility but not likely, more likely a very slow grind forward from here.

Beats me, couta1. I guess it is the same old story that for every buyer, there is a seller?

[bull....]

For sure but why would big players waste money on a stock if they thought it was going to continue to fall? For it to get anywhere near $3 the next result would need to be catastrophic which of course is a possibility but not likely, more likely a very slow grind forward from here.

big funds might hold it long term in one fund and short it in another different fund. all about fund mandates

[winner69]

BusinessDesk had a good piece on the ins and outs of Geometrica Fund shorted A2 from its highs

Wonder if Geometrica are still playing

https://businessdesk.co.nz/article/a...art-to-profits
Maybe paywalled

[Lease]

A bit disappointed, frankly.

Given the size of A2($1.2b sales even after largely dropped revenue), it is understandable that it's not so easy to turn around as BUB(less than $50m revenue).

[Balance]

A bit disappointed, frankly.

Given the size of A2($1.2b sales even after largely dropped revenue), it is understandable that it's not so easy to turn around as BUB(less than $50m revenue).

Understandable but one would have thought that at least DB would do a proper update with how Q122 have gone? The opaque 'on the one hand but on the other hand' sales commentary leaves the market uninformed and that has been the story of ATM since August 2020.