SML - Synlait Milk Ltd

[Beagle]

Folks bored over at ATM. Now powering up SML. Good to see it at $10.20. Onwards and upwards

New rating for Synlait, BBB. Beagle busy buying

[minimoke]

Nice to see SML starting to play the old parity catch up game. Up another 4% today to $10.76 at the moment.

[sb9]

Nice to see SML starting to play the old parity catch up game. Up another 4% today to $10.76 at the moment.

Yes, looks like some big boys are doing the heavy lifting since last week. And that's my quickest 10% gain (paper) from my latest top up last week.

[Beagle]

This little spurt a bit higher is just the very start in my opinion and this remains compelling value for a high growth stock. I think we should easily eclipse $15 within 2 years...remember the dog barked it first. Patient pups will be getting a lot of milk.

[sb9]

Looks like we're on course to break the $11 mark very soon...

[Chanchay]

This little spurt a bit higher is just the very start in my opinion and this remains compelling value for a high growth stock. I think we should easily eclipse $15 within 2 years...remember the dog barked it first. Patient pups will be getting a lot of milk.

I think this may even be a conservative estimate. This whole industry has significant tail winds. I think a pe of 25 with the demonstrated growth is more than reasonable. Looking forward to results in three weeks.

[JayRiggs]

I missed out on A2 and really regret it. So I jumped onto the SML train today. Looking forward to the ride to $15! :-)

[winner69]

I missed out on A2 and really regret it. So I jumped onto the SML train today. Looking forward to the ride to $15! :-)

Hope you made right choice

I would have stuck with A2 .....I reckon A2 will still achieve superior returns over the next 2 to 3 years than Synlait

[allfromacell]

Hope you made right choice

I would have stuck with A2 .....I reckon A2 will still achieve superior returns over the next 2 to 3 years than Synlait

I think Synlait could surprise due to it having a lot fewer issued shares but still fantastic EPS growth outlook. Why not own both .

[minimoke]

Hope you made right choice

I would have stuck with A2 .....I reckon A2 will still achieve superior returns over the next 2 to 3 years than Synlait

I'll provide a benchmark. As at today I'm up 58.6% with ATM and 33.5% wth SML (over a bit more than a year).

At this point there doesn't appear to be a reason to trigger stop losses so we can see where we are in a few years time.