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
New CEO Leon does come across very genuine and down to earth sort of guy. Seem pretty straight up and no-nonsense kind of person. From what I heard from his presentation, I'm quite happy and he has got vision for Synlait that'll transition company from dependence on one larger customer in A2 currently to finding new customers in new categories. Very positive thinking for future vision.
Explained in detail why they've acquired cheese factory and benefits arising out of that plant, not just for cheese for value addition to other milk and milk related products. Business case for buying that plant was for its modern facilities that were readily available (hint-may use it for any future plans around making other products not just cheese).
Heard the word "Disruptor" and "Disruptive" lot of times during his presentation.
One negative for me is may be its time for current Chair Greame to move on....and also David Hearn for A2 to move one as well.
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Originally Posted by minimoke
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