SML - Synlait Milk Ltd

**minimoke** · 05-10-2018, 03:41 PM

Originally Posted by Bobdn

Just learning more about this stock. i assume, from a diversification point of view it wouldn't be sensible, to own both ATM and SML as they are part of the same sector? Would be sort of like buying BP and Royal Dutch Shell. Looking to buy ATM or SML but not both.

I have both - which is fine in a rising tide. But hurts when they decide to be Lemmings

**sb9** · 05-10-2018, 03:41 PM

Trading at or about fair value now...might see a turnaround from here, I hope.

**Bobdn** · 05-10-2018, 03:47 PM

Originally Posted by minimoke

I have both - which is fine in a rising tide. But hurts when they decide to be Lemmings

Ok, thanks, I'll have a think about it.

**bull....** · 05-10-2018, 04:09 PM

Originally Posted by Bobdn

Just learning more about this stock. i assume, from a diversification point of view it wouldn't be sensible to own both ATM and SML as they are part of the same sector? Would be sort of like buying BP and Royal Dutch Shell. Looking to buy ATM or SML but not both.

exactly right very bad if you brought recently , double wammy not so much if your in very early

**RupertBear** · 05-10-2018, 04:34 PM

Originally Posted by couta1

Okay this thing has now become the Dog share of the week, it's making A2 look good by comparison.Lol.

Its an utter stinker!

**Leftfield** · 05-10-2018, 04:59 PM

Strong correlation tween ATM and SML IMO (see pic below)

Attachment 10024

DISC - I held both (and did well) but realising my portfolio was overexposed to Diary - I now only hold ATM - for better or worse!!

**pg0220** · 05-10-2018, 05:01 PM

Been holding SML shares since a few years ago. There was one time this tanked a lot by a couple of dollars to $6 range. I was very tempted to top up, but I didn't and it was very disappointing that I didn't! The stories between back then and now might be a bit different, but the trend looks quite similar..... I am very tempted now, but I just don't have enough cash at all with the first birthday of my baby coming soon! XD

**Beagle** · 05-10-2018, 05:03 PM

Originally Posted by Left field

Strong correlation tween ATM and SML IMO (see pic below)

Attachment 10024

DISC - I held both (and did well) but realising my portfolio was overexposed to Diary - I now only hold ATM - for better or worse!!

I am the exact opposite and now only hold SML but what a BRUTAL DAY !! Doubled down this morning at $10.24 and was such a **** of a day I actually decided to do some real work on a Friday afternoon...you know its a tough day on the market when the lazy old beagle works hard on a Friday afternoon !

**pg0220** · 05-10-2018, 05:07 PM

Originally Posted by Beagle

I am the exact opposite and now only hold SML but what a BRUTAL DAY !! Doubled down this morning at $10.24 and was such a **** of a day I actually decided to do some real work on a Friday afternoon...you know its a tough day on the market when the lazy old beagle works hard on a Friday afternoon !

LOL a busy day at work can actually make you forget and work like a painkiller!