SML - Synlait Milk Ltd

[Sideshow Bob]

From Business Day's free email:

Food giants ready to pay for sustainable products - Synlait

New Zealand dairy producers and food processors have a great opportunity to benefit from recent emission-reduction pledges by global brands, Synlait Milk said.
Many major food makers including the likes of Nestle – the world’s largest - have made pledges this year to cut greenhouse gas emissions.
Read the full story at BusinessDesk — subscribe now

[Cash_Lion]

Anyone gonna discuss how undervalued Synlait milk is? Lol

[dobby41]

Anyone gonna discuss how undervalued Synlait milk is? Lol

would you like to start? How overvalued are they?

[mcdongle]

If they could get their product out of the country the share price may be higher

[dreamcatcher]

Pokeno fiasco cost them heaps but future now looking more promising, not surprised if those SAMR registrations get approval.

They need to develop and market their own IF Brand

[Cash_Lion]

would you like to start? How overvalued are they?

Why do you think they're overvalued?

[ratkin]

Anyone gonna discuss how undervalued Synlait milk is? Lol

It even more undervalued today 🤣🤣🤣

[Cash_Lion]

Pokeno fiasco cost them heaps but future now looking more promising, not surprised if those SAMR registrations get approval.

They need to develop and market their own IF Brand

How do you know it cost them heaps, they stated:

"Further details of the settlement agreement will not be disclosed due to confidentiality. The settlement price was reasonable and not material to Synlait."

[dreamcatcher]

I reckon settlement was 3m tops but their hands were tied as unable to sign new business until Pokeno finalized because of the uncertainy

[Cash_Lion]

I reckon settlement was 3m tops but their hands were tied as unable to sign new business until Pokeno finalized because of the uncertainy

Yeah + the $200mil pay down of their debt. Looks like blue skies from here