SML - Synlait Milk Ltd

[hardt]

Yes, looks like Aussies want this one more than us, 3 times more volumes on ASX compared to that of NZX.

Aussies value growth far more aggressively than kiwis

[777]

Aussies value growth far more aggressively than kiwis

There are also a lot more day traders on the ASX which helps turnover.

[minimoke]

Looks like my personal Automatic Teller Machine is still hard out printing money again today.

[sb9]

Looks like my personal Automatic Teller Machine is still hard out printing money again today.

My pick is it won't stop until pushes past $10 mark in the short term. The guru analysts would've done their numbers y'day and will come with new revised target price and client recommendation.

[minimoke]

Can someone point me to a source to explain how these trading bots work. Jeez - they seem to create a heck of a lot of noise with their 1 share here, 1 share there action.

[Beagle]

If they do say a conservative $75m this year that's 42 cps so at $9.30 its on a current year PE of 22, (right in line with the market average). Looking ahead with a very clear runway for future growth I think this will grow substantially faster than the average NZX50 stock and I for one would be very surprised if they didn't do at the very least $100m for FY19 so the FY19 PE is just 16, perhaps quite a bit lower if growth surprises on the upside. Clear pathway for growth beyond FY19 too.

[winner69]

If they do say a conservative $75m this year that's 42 cps so at $9.30 its on a current year PE of 22, (right in line with the market average). Looking ahead with a very clear runway for future growth I think this will grow substantially faster than the average NZX50 stock and I for one would be very surprised if they didn't do at the very least $100m for FY19 so the FY19 PE is just 16, perhaps quite a bit lower if growth surprises on the upside. Clear pathway for growth beyond FY19 too.

You need to use some current guru analyst words.

One word quite often is ‘colour’.....like if we put some ‘colour’ around the FY19 result the clear pathway to growth will see them do $100m etc etc

Sounds more convincing

[Beagle]

You need to use some current guru analyst words.

One word quite often is ‘colour’.....like if we put some ‘colour’ around the FY19 result the clear pathway to growth will see them do $100m etc etc

Sounds more convincing

LOL nice one mate.

[sb9]

If they do say a conservative $75m this year that's 42 cps so at $9.30 its on a current year PE of 22, (right in line with the market average). Looking ahead with a very clear runway for future growth I think this will grow substantially faster than the average NZX50 stock and I for one would be very surprised if they didn't do at the very least $100m for FY19 so the FY19 PE is just 16, perhaps quite a bit lower if growth surprises on the upside. Clear pathway for growth beyond FY19 too.

I take it that you're back on the share register again, aye Beagle?

[sb9]

Sourced from Synlait thread (SM1) on HC, Bell Potter raises target price to A$10.45...which is about NZ $11.17 based current fx rate.