Chart Update, page-4431

The drop today in A2M's SP could have come from BKL's result and its poorly executed words in its presentation reports. I was a bit shocked this morning to see an alert for A2M 5% drop in SP, but since then it has recovered. Possibly growth-value based fundies buying.

I did go over BKL's report as soon as it came out. The result was not as expected, but the negative sentiment has to be more carefully rendered in its case. It has increased it revenue but not its netted profits. This is not as bad as it looks. They had to spend more money selling and distributing products, which may very well be one-offs, but had to be booked in as expenses. I believe SP will recover. I do not hold BKL and will not buy it either.

For waste collection company, BIN, market had a more severe reaction and I've taken a position yesterday. This will also recover nicely now. Based on my experience, I've seen similar scenario before and people always come back for companies with strong fundamentals. 

A2M holds a leading position in growth and has no debts. It has a far superior position than any other related or non-related entities out there as it will have a good report as well. I stand by my estimates that I've given out earlier.