SML - Synlait Milk Ltd

[winner69]

From Head of Manufacturing to Acting Director of Manufacturing to Director of Manufacturing in a few years


This guy going places

http://nzx-prod-s7fsd7f98s.s3-websit...765/399701.pdf

[silverblizzard888]

From Head of Manufacturing to Acting Director of Manufacturing to Director of Manufacturing in a few years


This guy going places

http://nzx-prod-s7fsd7f98s.s3-websit...765/399701.pdf

The man must be whistling to work .... could be CEO at this going rate!

[bull....]

could be a blood bath for the stock if my thinking around a2 sales is true

[winner69]

could be a blood bath for the stock if my thinking around a2 sales is true

Something spooked punters today

Jeez if your thinking A2 is right (to be verified with A2 results Monday) and SML sinks with its share price will go to al alltime low ……and maybe threaten $1

Could be exciting times

[bull....]

Something spooked punters today

Jeez if your thinking A2 is right (to be verified with A2 results Monday) and SML sinks with its share price will go to al alltime low ……and maybe threaten $1

Could be exciting times

and no news on there factory sales could be a nuplex fire sale rights issue

[silverblizzard888]

SML likely to hurt a fair bit from reduced demand, at least with A2 the reduction is supported by a low milk price meaning higher margins, but since SML more or less clip the ticket then their margins stay the same but a reduction in demand means they earn a lot less in general. China's birth rate is heading towards just above 7 million, which is a far cry from around 9 million last year and 16 million 7 years ago.

No announcement on debt restructuring or asset sales, not a good sign for the current business outlook with so much uncertainty.

[winner69]

Customer S will see things right eh

[Leemsip]

Pretty poor comms from the company. Maybe nothing good to report .....
Tough climate for SML. High debt, slowing sales...

[Sideshow Bob]

Pretty poor comms from the company. Maybe nothing good to report .....
Tough climate for SML. High debt, slowing sales...

Fonterra also reducing their forecast this morning. $7.00 mid-point down to $6.75. How many billion out of the economy is that??

Last year at YE they had $233m of inventory. Year before was $271m as at 31st of July. Decent haircut coming on any inventory instore......

[billkiapi]

A2 update this morning suggests that they have excess inventory from stock building/timing of inventory from Synlait which A2 will need to clear- with reduction in milk solids price, and if A2 has stock on hand, this doesn't bode well for Synlait. No short positions available I guess.....