Tomorrow is bearish, page-8

First 8 Last

Share
Profile

Follow
BobbyRoyale

289 Posts.

18/02/16

07:46

Post #: 17048743
Share

Originally posted by LightForce ↑

Plenty of people are bullish on the stock, so much so that the froth in this stock is even more than the froth in the coffee I drink.

No one wants to listen to any of the opposing views, which is a pretty good indicator of whether a stock is a good time to invest in or not. The reason I'm still here is because I use hotcopper in general to gauge the froth in a stock. I laugh when I see stock undervalued and nobody talks about it. Whenever I see someone who holds a valid opinion getting 'slaughtered' in the forum, that usually tells me irrationality has taken hold and it's definitely a time to sell.

I haven't seen people really reading the report for what it is. Yes, plenty of good things to like in the report. But plenty to not like about it as well.

Problem is relaxation of one child policy is not going to cause a huge increase in birth rate in china. I happened to travel for 3 weeks recently with someone whose dad is a high ranking official in China(by luck I got to meet this dude) and I gathered from him that the policy is not going to impact much at all on the populace. So if you're banking on lots more babies to sustain a2m growth,then good luck.

The other thing to note is that the instos do run their numbers before they decide their course of action. They usually have measures like PE ratio and operating cashflow, future profit growth projection, etc in their numbers. PER of 60 with negative cashflow is a big no no today. Worse still if you're spending money to expand in China! Today's environment instos are fairly skittish and very few are bullish at all. Anything that have any connections to China will be a good target to smash its share price. China's market valuation had been at PE ratio of above 60 previously. See what happened to it?? Got smashed...

This makes A2M a perfect target to short and take profit in the near term. The instos know very well that general sentiment is bad, so they'll feed on it and will push the share price to new lows, then accumulate it and wait for the next round. So, if you're expecting the share price to touch new highs again in near term, I would encourage you to think again. I for one will wait for the BIG SHORT (short or profit taking or capital preservation) to come. Then I'll jump in when the value upside vs downside balance is right.

Again, don't get me wrong, A2M still has good potential, but only if you're in it for 3 to 5 years!! I seriously doubt that many investors here will hold that long!!

Good luck to the long term holders (>5yrs).

Expand

Oh I'm in for 5 yrs min. Where do you see the share price in 5 yrs?

A2M Price at posting: $1.93 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

CC9

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

FFM

Firefly positioned for copper growth in Canada ahead of resource update

There are more pages in this discussion • 339 more messages in this thread...

First 8 Last

Add A2M (ASX) to my watchlist

(20min delay)
Last $6.29		Change -0.120(1.87%)		Mkt cap ! $4.532B

Open	High	Low	Value	Volume
$6.33	$6.38	$6.24	$8.218M	1.305M

Buyers (Bids)

No.	Vol.	Price($)
7	2790	$6.28

Sellers (Offers)

Price($)	Vol.	No.
$6.30	10046	13

View Market Depth

No.	Vol.	Price($)
14	11292	6.300
8	9604	6.290
14	9053	6.280
9	14007	6.270
7	13662	6.260

Price($)	Vol.	No.
6.320	9126	11
6.330	7143	8
6.340	23729	7
6.350	6895	7
6.360	24041	6

Last trade - 14.58pm 03/10/2024 (20 minute delay)

A2M (ASX) Chart

Tomorrow is bearish, page-8

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Firefly positioned for copper growth in Canada ahead of resource update

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Tomorrow is bearish, page-8

Top Stories

Chariot Corp unveils plans for Black Mountain "pilot mine" in Wyoming, US; shares jump +20%

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Firefly positioned for copper growth in Canada ahead of resource update

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News