A2M 0.44% $6.85 the a2 milk company limited

Chart Update, page-18018

  1. 51 Posts.
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    Hopefully it is true as i still hold some A2 shares. just share something what i feel in 2021

    (1) Before 2021, sometimes my friend asked me to buy some milk powder for them(I did not make profit from this). But this year so far : NON
    (2) Talked with daishou shop last weekend: A significant drop on A2 about 60% down compare with last year
    (3) Two concerns about milk powder from the chinese customers :
    1) COVID-19 virus on the package ( even i believe there is no )
    2) politics and social media bring too much negative

    my major concerns:
    (1) About milk powder : the switch cost is very high: it means if the mums changed to another products, it is hard to switch them back to A2 again.
    (2) I love both China and Australia, really hope the both countries can work together in order to against the COVID-19 rather than bring too much negatives to influence businesses


    When to buy and profit from A2:

    very simple:
    (1) when you can not buy A2 from super market, then it means the demand start to increase !
    (2) Do not buy from down trend until the market provide you a signal, such as : 20 MA cross 60 MA to a up trend or there is a strong support and the share price show s break up !


    This is just my feeling and do not provide any investment suggestions.

    Last edited by Stone1987: 29/03/21
 
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