SML - Synlait Milk Ltd

[sb9]

Interesting that the news release doesn't specify who the agreement is with........?

We can definitely rule out A2, my pick is its either with Bright Dairy or New Hope.

[Leftfield]

We can definitely rule out A2, my pick is its either with Bright Dairy or New Hope.

Not so sure on that.... why would you rule out ATM?
ATM due for an update by month end, so maybe in that? Either way ATM gets 9% of the action.

[sb9]

Not so sure on that.... why would you rule out ATM?
ATM due for an update by month end, so maybe in that? Either way ATM gets 9% of the action.

My reasoning was due to the fact that earlier agreements were quite specific by naming ATM as party involved. And an announcement to that affect was duly made by ATM at the same time.

Whereas in this case neither SML mentioned ATM nor there was an announcement by ATM to that affect. Hence my assumption that its probably not ATM in this case.

[Leftfield]

Thanks sb9 I suspect you are right..... but I remain ever hopeful!

[sb9]

More details on today’s announcement as per link below...

https://www.radionz.co.nz/news/busin...acity-at-plant

[Yoda]

I wouldn't worry RB, nothing exciting on the near horizon, play in the woods if you like. With the current volatility, this thing will be up and down like a yo-yo.

Thats what i find facinaiting about the sharemarket, and oppinions. Somtimes we dont see it coming. Its amaizing how tight these secrets can be kept. One minite no news and then ...bam...
and yes, very up and down .

[couta1]

Thats what i find facinaiting about the sharemarket, and oppinions. Somtimes we dont see it coming. Its amaizing how tight these secrets can be kept. One minite no news and then ...bam...
and yes, very up and down .

Got a hammering on the ASX today, especially during the last hour, the pattern on the sell side showing that someone is keen to sell.

[couta1]

Got a hammering on the ASX today, especially during the last hour, the pattern on the sell side showing that someone is keen to sell.

420k shares just went through on the NZX.

[Beagle]

420k shares just went through on the NZX.

That stake has probably been overhanging the market for a while. Bought a few more of these ultra boring shares yesterday. I'm learning to embrace the inner sleepy hound that just wants to sit on the porch and watch grass / wealth grow. How many companies are there on the NZX trading on a forward PE of just 20 with such a clearly articulated high growth plan for the next few years ? You folks do the SUM's, there's not many !

[Ggcc]

That stake has probably been overhanging the market for a while. Bought a few more of these ultra boring shares yesterday. I'm learning to embrace the inner sleepy hound that just wants to sit on the porch and watch grass / wealth grow. How many companies are there on the NZX trading on a forward PE of just 20 with such a clearly articulated high growth plan for the next few years ? You folks do the SUM's, there's not many !

It’s quite funny how this share is valued as an underperforming share by Reuters. This is what I mean by thinking rather than following what advisors believe a share is worth. I think in 5 years time this share will definitely please the crowd.....