SML - Synlait Milk Ltd

[winner69]

Jacinda enjoyed her trip to Dunsandel recently ...planted a native tree ...one of zillions they are going to plant

Like the pink coloured pathways ....clashes with Jacinda though

[Beagle]

Jacinda should have known to wear pink lipstick and a pink outfit.

[winner69]

Synlait share price heading into the 700s

Probably got a fair way to fall yet.

[Beagle]

Synlait share price heading into the 700s

Probably got a fair way to fall yet.

Have to say I agree with that. A test of the long term $3.50 support line could be coming if things go completely pear shaped at the Supreme Court. Shares probably worth somewhat more than that if they lose but when it gets ugly, things often overshoot to the downside.

[dreamcatcher]

Have to say I agree with that. A test of the long term $3.50 support line could be coming if things go completely pear shaped at the Supreme Court. Shares probably worth somewhat more than that if they lose but when it gets ugly, things often overshoot to the downside.

Typical scaremongering tricks of shorters "FEAR" works with the lemmings though.

Any ideas what would happen to SP when they win court case which is highly expected and new businesses sign on ?

[Beagle]

Typical scaremongering tricks of shorters "FEAR" works with the lemmings though.

Any ideas what would happen to SP when they win court case which is highly expected and new businesses sign on ?

Price looks about right to me if they win. A loss on the other hand with all the downstream effects to suppliers, customers, staff and relocation costs....will be VERY UGLY.

[dreamcatcher]

Price looks about right to me if they win. A loss on the other hand with all the downstream effects to suppliers, customers, staff and relocation costs....will be VERY UGLY.

Were you not the same "Beagle" that barked all the way to about $13 before your glass broke.......

[Beagle]

Were you not the same "Beagle" that barked all the way to about $13 before your glass broke.......

Been a LOT of water under the bridge in the last 20 months since this last looked good including a change in the CEO that brought a new culture where LGTBQ matters appear to be the #1 priority of the group followed by other ESG matters and lets play Russian Rolette with shareholders money.

[winner69]

Well the share price has gone into the 700s

What happens when companies get re-rated down from outrageous evaluations

Remember Book Value is about $3.50 at present ......so heaps and heaps of future valued added in the current share price...irrespective what happens at Pokeno

[Baa_Baa]

Well the share price has gone into the 700s

What happens when companies get re-rated down from outrageous evaluations

Remember Book Value is about $3.50 at present ......so heaps and heaps of future valued added in the current share price...irrespective what happens at Pokeno

Technically the SP is buggered, I posted a chart in another place and the decent SP support broke down today so given the sentiment and the market at the moment I'd expect a test of the $6.50 range. If as you say BV is $3.50 that will give cause to consider whether the SP should be 2-3x.

For the record I don't buy into all the teasing about pink fonts, rainbow, diversity or even the doom sayers supreme court outcome. This is a good company with locked in supply into a growth market for a long time, all I focus on now is a buy-in point ... it will come.