Chart Update, page-7654

First 7654 Last

Share
Profile

Follow
qwertyt179

394 Posts.

101

28/09/19

16:08

Post #: 40621305
Share

Originally posted by JCoure: ↑

the A2M SP has fallen substantially and to me represented a buying opportunity however the Australian and NZ economies are going from bad to terrible. even the Federal Reserve Bank of St Louis has called out the RBA Governor for effectively spreading fake news and false macroeconomic claims.

My only issue with holding A2M which I now do is that the Australian and NZ economies appear in free fall, negative interest rates in Australia seem inevitable, 3 recessions in 28 years on a GDP per capita basis in Australia is clearly a horrible, terrible and pathetic economic performance only held up by enormous immigration numbers. A2M shareholders for the last year and the Australian people have a clear case for blaming the RBA for artificially high interest rates, higher unemployment, climate change and degradation due to all the false claims and fake news.

Those enormous, unsustainable immigration numbers are affecting A2M’s and the Australian climate, perhaps creating droughts, poor conditions for farming, emerging issues for A2M and I think those things are clearly sending down the A2M’s SP 33% which is quite a big drop.

i do not know whether A2M will be adversely affected by negative interest rates when the RBA cuts the rates due to the low inflation and great rise in unemployment, underemployment. The AUD will obviously fall against the Yuan and all other major currencies, which is good for A2M but the climate degradation due to enormous immigration might offset any benefit to earnings from AUD crashing.

Hopefully A2M’s SP and A2M’s performance outlives the Australian And NZ economies’ enormous problems. I will buy and hold but a growth stock in a falling economy or economies including NZ is risky and I accept the risk.

Expand

As a kiwi speak for yourself our economy has performed great over the past decade and has a positive outlook. Regardless I don't see how the Aussie and NZ economies are that relevant going forward for this business. It's all about China and the US, the growth in ANZ will slow as the two largest consumer markets take over as our main grow engine.

A2M Price at posting: $12.16 Sentiment: Buy Disclosure: Held
15 Upvote

2 Great analysis

Reply

Top Stories

SS1

Sun Silver confirms high-grade extension theory at Maverick Springs with 79.6 g/t intercept

GTR

GTI extends uranium mineralisation at Lo Hema through development drilling

DXB

Dimerix begins recruiting young kidney disease patients in Mexico for Phase 3

BRX

Belararox to grow copper footprint in Botswana with 4,286 square km tenure

MTM

Forget gallium: MTM says it's extracted gold from e-waste

CHN

Chalice jumps on Putin nickel export ban threat – but then there's bad news

ASX Market Open: Local bourse to trade green | Thursday September 12

NEC

Nine Entertainment announces its CEO is stepping down – on an ex-divvy day

CU6

Clarity progresses SECuRE trial with positive safety results

3 stocks with antimony news on Thursday