Market close: Mainfreight chair sells $75m of shares - 11 June 2021 —
Global marketer a2 Milk’s recovery ran out of puff after falling 18c or 2.93 per cent to $5.97, impacted by a competitor’s comments in China. Feihe, China’s largest infant formula maker, said sales would drop sharply in the next one to two years since many women cannot bear children within six months of coronavirus vaccination – and thus delaying births.
This could be part of market manoeuvres, as an r/conspiracy redditor writes in this comment below. Note the tone seems to be dismissing the idea that the vaccine could have an actual impact on reproduction (extra context: Reddit has a tendency to thumb its nose at the the Murdoch family-owned News Corp publication, due to its biases and its paywall system. NZ Herald is a News Corp publication):
Here’s the full article. Chairman announces covid vaccine will hurt sales and stock price plummets, next day he does a stock buy back on his newly discounted stock.
This article goes more in depth, and how there is actually expected to be a baby boom in China, and these stocks are set to soar.
On topic, it appears the chairman is just trying to make a quick buck - drive stock prices down, buy them back, and then profit when the mythical baby boom occurs. He doesn't really know or care if the vaccine causes infertility - people are choosing to delay pregnancy anyway. The baby boom isn't going to happen, but he could still make a quick buck if the delayed pregnancies do happen after he buys back the falling stock.
NZ Herald Business section (Paywall link):
https://www.nzherald.co.nz/business/market-close-mainfreight-chairman-bruce-plested-sells-75-million-worth-of-shares/IY3YKMNSFYIXKKTWCI2MJF7CTM/
Searched for by quote.
Market close: Mainfreight chair sells $75m of shares - 11 June 2021 —
This could be part of market manoeuvres, as an r/conspiracy redditor writes in this comment below. Note the tone seems to be dismissing the idea that the vaccine could have an actual impact on reproduction (extra context: Reddit has a tendency to thumb its nose at the the Murdoch family-owned News Corp publication, due to its biases and its paywall system. NZ Herald is a News Corp publication):
https://old.reddit.com/r/conspiracy/comments/o4vmlx/ceo_of_chinese_infant_formula_producer_causes/h2l9533/
Well, what they might not realise is that you could tell the truth and take advantage of the truth at the same time.
You are the real MVP for finding the source.
On topic, it appears the chairman is just trying to make a quick buck - drive stock prices down, buy them back, and then profit when the mythical baby boom occurs. He doesn't really know or care if the vaccine causes infertility - people are choosing to delay pregnancy anyway. The baby boom isn't going to happen, but he could still make a quick buck if the delayed pregnancies do happen after he buys back the falling stock.
Did you check the last link?
https://inf.news/en/economy/85a5aa9c52b50c1e9f52da5d4d2fe01a.html?cf_chl_jschl_tk=65fdf5763b79dacb8d05b3de31cdb996f37eb33a-1626252011-0-AUzdY38MtWe0fXnzx0A2GoyMJeJL1UDYJ0xo22j3RokZOn_9c_mswHXCIXR6ge1mMtD8qMyZ1aj3G78rzWY9gQq9Y8OalZRr91aWq9xa8xMrfj7JD69VukByJH3O8uLLMyHa6Kd6ZuhUBMUuwwPAX4wZYoaaxSK0RAg3-wcBKP_ZR3m7x1bPQJlVI2dUqU00CgTE3auK5qalJ-SDNqa4jnDP1Gp0etEiTX9UemXKNcegwejiiGblOA9CcUPrE0dqsx3INZ_Lzh3nFNu-f10EHQfO-9o1FUaTOEAJSGArSpVsOP9xShDqGT0g926oiZbCk9sXoUq8cmBdY_RIqcPl8y4GTE3A9yEm785_bko5AXBFet7I3YdjLITqlZgOzGQ6Z8Pa9vdVOM9b66zSX3InYevdRzqnFyhZbx8Idd6yuBPsw8gZbbTMCZ1TubabajbMIcChg4Aps3JXSYO8nFN2HqiElgTM9U1TpkJcNjwmLlLIN1I38ZZYM4uHJHk68eXnTlfTU4B3GUdZA7Tn5KK3ldg
Note all the rubbish after .html..........
Huh. No, I did not get any tracking rubbish, although I'm using Vivaldi which is rather good at blocking those off for me.
It's also not my source, it's theirs, although I doubt they have the technical know-how about trackers to post it for nefarious purposes.
Also, China didn't have mass vaccination, so sales of baby formula in China might be up, but sales in the rest of the world might be down.
Don't worry, all the she-males trying to nurse their babies with man boobs will buy it....