SML - Synlait Milk Ltd

[Baa_Baa]

Long history of THAT erp being hard to digest and requiring squillions more to sort it. Been there done that.

I think everyone in the IT industry who has experience in implementing SAP would vouch for that, always grossly underestimating how long it takes, how much it costs, and how complicated it is to automate ERP processes. Sad that the legend for IT project overruns continues, but, once it's installed and working, it is extremely efficient with end-to-end view of the source-manufacture-distribution-sales pipeline. Very sticky as well, once the the customers are hooked, they'll never leave, such is the power of SAP.

They'll get there eventually, if they can survive the pain of implementing. Thinking about it, maybe an investment in SAP itself might be a better choice than their customers. ?

[winner69]

Giving punters time to work out how much the NEW CUSTOMER is worth ……and share price rockets over 3 bucks


http://nzx-prod-s7fsd7f98s.s3-websit...243/392965.pdf

[Sideshow Bob]

Need time to work out how much the NEW CUSTOMER is worth ……and share price goes over 4 bucks


http://nzx-prod-s7fsd7f98s.s3-websit...243/392965.pdf

Can't be good......

[winner69]

Can't be good......

Wonder if A2 affected as well if bad news

[bull....]

me thinks this company in big financial trouble .... better quickly raise money

[Balance]

Wonder if A2 affected as well if bad news

ATM owns just under 20% of SML so will be impacted one way or the other.

Bad news and adverse developments seem to follow Synlait these days like a bad smell which would not go away.

[Leemsip]

Noticed the other day the SML Dec 24 bonds trade at 9%.... pretty decent yeild... highest on the nzdx...


Agree that this disclosure unlikely to be good...

[Leemsip]

Below $2 soon I guess... $500m debt.... no profit. Put this in the metroglass basket of capital raise needed but the share price is too low.... so wait it out.... and it gets worse...

Hey Winner - whats this new customer thing you speak of? Taking the piss or real?

[winner69]

Below $2 soon I guess... $500m debt.... no profit. Put this in the metroglass basket of capital raise needed but the share price is too low.... so wait it out.... and it gets worse...

Hey Winner - whats this new customer thing you speak of? Taking the piss or real?

That new international customer they’ve been on about for a while …never been able to say much but maybe today is the day

Will make huge difference to financials

[Ggcc]

Maybe A2 should just buy the rest of it off the shareholders and take it off the nzx.