Hope so for investors sake. Its been a frustrating five months since this was at that level in mid October basically in lock step with ATM at the same price and yet since that time ATM has put on another $6. Weird how the SP's rose in very close correlation for six months in early / mid 2017 and then this major divergence.
Wouldn't it be fascinating to know the commercial terms of the supply arrangements to ATM. I guessing its a multi year fixed margin contract based on wholesale value of raw A2 milk and ATM have been able to achieve serious consumer pricing power based on the scarcity of their product in the market.
Synlait’s Managing Director and CEO, John Penno, says the strong earnings growth of $30.1 million has been driven by increases in manufacture and sales of our highest margin products, as well as improved margins and earlier sales of our ingredients products.
Unbelievable. Yesterday I had made $0.78 on my double down strategy. Today I am 10.3% up . I'm in the strange position of not being able to spend faster than I'm making on the sharemarket at the moment
This is like politics. A week is a long time. In three weeks I'm now 30% up on SML. Double double down and a dollop of patience paid off.
Synlait’s Managing Director and CEO, John Penno, says the strong earnings growth of $30.1 million has been driven by increases in manufacture and sales of our highest margin products, as well as improved margins and earlier sales of our ingredients products.
Highlighted bit just for you Mr Beagle
Congrats to holders. Good solid company with very sound long term growth prospects.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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Originally Posted by NZSilver
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