Hi @Timba66
Great post.
SP
IRT the SP I should have been more clear. I still keep an eye on it but I know it is only a matter of time until the fundamentals are realised and then the SP goes all House Targaryen on the remaining shorters. Of course there is a short respite (pun intended), then the market will overreact on misinterpreted news, broker market manipulation or outside influences and so the cycle begins again.
As the saying goes: “Bulls make money, bears make money and pigs get slaughtered”. Considering the fundamentals of a2MC I do not feel the need to get greedy so I stay a bull on this stock as I know it can swing pretty fast. Long-term holders will need to exit at some stage but I would always allow sufficient time, staggering of parcels or diversifying to mitigate risk as the time approaches.
Supply Chain / Regulations
You are correct IRT the lower margins/costs but I think it was a very well calculated move by a2MC. It offers a strong compromise for all the parties and it is easy to see why a company with the market share of a2MC would need to protect its principal market. Probably not the best terminology but the multi-channel strategy offers a bit of insurance and I’m happy for lower margins to provide more risk mitigation. It is a balanced option but again this is open to interpretation of how you understand the Chinese market as a whole.
Increase in supply - Pokeno
As you bought up supply to meet marketing we may as well discuss Pokeno. Does anyone on the forum have further information or reasonable assumptions on:
- Covenant concerns – Oral hearing soon before appeal. Link below
- Construction due to finish November?
- 45MT capacity with land capacity for more? May have increased?
- Initial expected supply FY20?
- No SAMR Pokeno? Dunsandel more focused on China?
Does anyone have further info?
- Forums
- ASX - By Stock
- Long-term investors
Hi @Timba66 Great post. SPIRT the SP I should have been more...
- There are more pages in this discussion • 156 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
$6.25 |
Change
0.070(1.13%) |
Mkt cap ! $4.518B |
Open | High | Low | Value | Volume |
$6.20 | $6.25 | $6.10 | $21.75M | 3.510M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6450 | $6.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.25 | 9409 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6450 | 6.210 |
3 | 12339 | 6.180 |
3 | 36475 | 6.170 |
3 | 19599 | 6.160 |
3 | 10039 | 6.150 |
Price($) | Vol. | No. |
---|---|---|
6.250 | 4409 | 3 |
6.260 | 9641 | 2 |
6.270 | 11544 | 6 |
6.280 | 31500 | 2 |
6.290 | 8157 | 3 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
|
|||||
Last
$6.21 |
  |
Change
0.070 ( 0.66 %) |
|||
Open | High | Low | Volume | ||
$6.18 | $6.25 | $6.10 | 841704 | ||
Last updated 15.59pm 28/03/2024 ? |
Featured News
A2M (ASX) Chart |
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online