Media Updates, page-613

I sold because I thought it was well overvalued. The day ATM hit 14.60 I sold half my holdings. Not at 14.60 unfortunately but above 13.50.

What events are you talking about that occurred well after I sold?

I don't have a negative slant on everything related to A2M. As I've said I reckon they will continue to gain market share and grow revenue. However, I am less than impressed by Jayne but I will give her time to prove her worth. With Geoff you knew what you got and he had the runs on the board. At the moment however, Jayne doesn't add to my confidence to invest. I think the USA might not be as profitable as I thought two years ago but I understand why they are doing it. I think China is the big story but once I started to think the USA might not be as promising as I first thought then China became more important to maintain profit growth. I am not convinced the margins in the first couple of years on the 12000 Mother and Baby stores will be as lucrative as they need to be. So the daigou and CBEC become more important than ever. The growth required will obviously be coming from a much larger base so being largely reliant on China is a little concerning. BTW I am talking profit growth as well not just revenue. The other markets A2M are in are unproven as yet. Then you have the wider market risk which is significant. No body in the markets will tell you the current environment is the same as 6 months back. If I get a sense I am wrong on theses things and circumstances change I will change my mind and buy back.

If that is overly negative then so be it. It is only an opinion after all. Clearly many here don't see it like me. I would've thought counter arguments should be encouraged on here.

...and lastly, I think my posts have zero effect on the SP.