Hey Guys,
Just wanted to start an early thread for tomorrow. Something has been picking at me today. In export and local distribution people know A2 is taking huge market share from other brands including Bellamy and aptamil. A good analogy for this, China is survival of the fittest and A2 is surviving alone. We all know this and the numbers don't lie.l they just came out 4 weeks ago and the double 11 and double 12 numbers have been extremely strong doubling on last year. Based on forward projection growth, a revenue for 2017 should be around 600 million and we could just see 650 million with a 70-80 million EBITA. On top of this they are taking huge market share away from devondale as well for their full cream milk powder.
However we have a share price tanking because people are selling their shares out of fear from Bellamys and selling to get in cheaper. The market has known about this announcement from Bellamys for the last 2 weeks and we know it's going to be bad. The market always projects the future not the present. So the shorters shorting from here are in trouble tomorrow. The market has already priced in a bad result from Bellamys and everyone talks about buying back in tomorrow when it falls. But who's selling when they know it's going to go back up? The shorters can dump their shares but need to re buy at the same time as all of us buying up a bargain and again they get burnt and the share goes up. Greenscape on top of this went and bought an extra 8 million shares at 2.02 and they are now the biggest share holder of A2. What makes you think they don't know what's going on? They do everyone does and that's why A2 I think will do the reverse of everyone expecting a dump and then a cheap pick up of the shares running above 2 dollars and towards 3 dollars again. If the market followed everyones thinking patterns we will be millionaires from this trade on A2. The market is forward thinking its always one step ahead.
- Forums
- ASX - By Stock
- A2M
- A2 Trading day 21/12/16
A2 Trading day 21/12/16
-
- There are more pages in this discussion • 117 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.77 |
Change
0.130(1.96%) |
Mkt cap ! $4.894B |
Open | High | Low | Value | Volume |
$6.63 | $6.77 | $6.63 | $10.00M | 1.485M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2420 | $6.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.77 | 37726 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 6.740 |
2 | 700 | 6.700 |
1 | 5009 | 6.680 |
1 | 12000 | 6.650 |
1 | 1130 | 6.640 |
Price($) | Vol. | No. |
---|---|---|
6.770 | 18339 | 2 |
6.780 | 500 | 1 |
6.790 | 3000 | 2 |
6.800 | 6054 | 6 |
6.810 | 600 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online