SML - Synlait Milk Ltd

[blackcap]

Sadly am already a holder of both companies, so very much participating, through a snorkel underwater��

My commiserations. I am also a participant recently in the 010's so I feel your pain.

[Tyrion]

Settlement conference between Life Health Foods NZ V Synlait Milk Ltd & Others in the Christchurch High Court yesterday.https://www.courtsofnz.govt.nz/asset...daily-list.pdf Interesting considering today’s announcement.

[billkiapi]

Could be this? https://lifehealthfoods.co.nz/recall/

[silverblizzard888]

John Penno probably leaving because he doesn't want to play a part in gutting his prized legacy.

Meanwhile the new Chair "George is Chair of NZX-listed Bremworth Limited, Director of NZX-listed Arborgen", guy sure knows how to pick them. Pick the lowest margin and most underperforming businesses you can to be apart of the board.

[Sideshow Bob]

Right, I'm in for the ride......

Just bought a massive 10 shares.

I'm 1% down already.

[Rawz]

Market cap not far off from going under $100m

I tell people in my job there is good debt and bad debt. SML have neither. They have toxic debt

[Newman]

John Penno probably leaving because he doesn't want to play a part in gutting his prized legacy.

Meanwhile the new Chair "George is Chair of NZX-listed Bremworth Limited, Director of NZX-listed Arborgen", guy sure knows how to pick them. Pick the lowest margin and most underperforming businesses you can to be apart of the board.

John Penno would have had his prized legacy if he had left Synlait years ago.

If share price reflects a company's success or otherwise, did Bremworth or Arborgen improve after George Adams became a director of the companies?

Panic sale of SML010 at 85%.

[Lego_Man]

John Penno would have had his prized legacy if he had left Synlait years ago.

If share price reflects a company's success or otherwise, did Bremworth or Arborgen improve after George Adams became a director of the companies?

Panic sale of SML010 at 85%.

Wonder if we're gonna crack the 100% in yield terms?

[silverblizzard888]

John Penno would have had his prized legacy if he had left Synlait years ago.

If share price reflects a company's success or otherwise, did Bremworth or Arborgen improve after George Adams became a director of the companies?

Panic sale of SML010 at 85%.

Arborgen Appointed 19 August 2019 - Share price August 2019 was 18 cents today its 15.8 cents
Bremworth 1 June 2018 - Share price in June 2018 was 60 cents, today its 43.5 cents

So overall no the share price has not improved since he joint their boards. Thats not to mention that Bremworth share price also benefited off their insurance lottery or else they would be much lower.

[winner69]

Wonder if we're gonna crack the 100% in yield terms?

Annualising the return makes it look really cool eh

But paying $64 to get $100 in 8 months and a couple of interest payments is pretty rewarding eh.