Chart Update, page-17509

Shorting is just a way to make money / hedge short term monetary risk. You need to analyse long term and short term position and do your own PE calcs to make your strategy. Shorting on the way down to a PE forecast you think it’s going to resist while accumulating towards the bottom. But then again you never pick a bottom so close enough is good enough. I tell you what every other IF formulae business in Aus is booking a loss while A2 is expanding in China making profits. Factor in the current political tension between Aus and CHN and A2 is an NZ company , you will start to see the treatment will be getting more differently. A2’s ANZ moat will get wider. And the institutions know this well. You think the institutions are ditching the sector just because birth rate is declining while China’s GDP per capita is on the way to rise from $11k to $20k in the next a few years? Do you think the decline in birth rates and increase of competition has not been factored in the mathematic model ? I don’t know how many Aussies and Kiwis have benefited from the rise of China , Commodity business aside , the likes of stock such as FMG , A2m , APT ( Tencent bought in ) have made life changing outcomes for many and without much reciprocated kindness I’ve seen Cold War mentality brewing instead.