SML - Synlait Milk Ltd

[Rowdy Flat]

https://www.stuff.co.nz/timaru-heral...-numbers-up-26

That's a positive start to implementing their plan - I'm liking the "make full use of our site's existing capacity and capability." Good for Temuka too - previously only famous for ugly brown pottery.

[justakiwi]

Oi, that’s my town you’re dissing

Good for Temuka too - previously only famous for ugly brown pottery.

[Cadalac123]

What's the story with SML? People just worried about Pokeno site legal issues? Company has been a dog but fundamentally legal issues seem to be the only concern?

[dreamcatcher]

What's the story with SML? People just worried about Pokeno site legal issues? Company has been a dog but fundamentally legal issues seem to be the only concern?

Ground hog day till April when Pokeno site issues addressed finally (hopefully) and expecting a favorable result ...any new business announcements probably waiting on that result. Couple of new brands waiting on Chinese SAMR approval. If the ducks line up SP could bounce quickly as small number of retail sellers around.

Continue to hold and importantly in-profit without any further buy/sells but cannot say I'm overjoyed with management.

[Mr Slothbear]

What's the story with SML? People just worried about Pokeno site legal issues? Company has been a dog but fundamentally legal issues seem to be the only concern?

its on a PE of 19.5 so seems very fully valued considering its mediocre margins, mediocre management and very capital intensive. i don’t think their legal issues are much of an issue. The court and legal stuff will be a non event, A2 will guarentee synlaits survival and future filling of IMF shiploads but that doesn’t mean shareholders will get much. Their best hope is the new brands their developing but surely theres going to be a lot of pressure that these will play second fiddle to A2 orders

[winner69]

Hope helping farmers to this degree doesn’t affect shareholders too much

http://nzx-prod-s7fsd7f98s.s3-websit...562/315751.pdf

[Baa_Baa]

Hope helping farmers to this degree doesn’t affect shareholders too much

http://nzx-prod-s7fsd7f98s.s3-websit...562/315751.pdf

Helping or competing? Fonterra Dec forecast 7-7.60 EPS.15-.25

[winner69]

Helping or competing? Fonterra Dec forecast 7-7.60 EPS.15-.25

Hope it doesn’t affect Synlait margins too much

Some say A2 screwed them last year ...can they pass increases on?

[Sideshow Bob]

Hope helping farmers to this degree doesn’t affect shareholders too much

http://nzx-prod-s7fsd7f98s.s3-websit...562/315751.pdf

It is a forecast, and without supply, they ain't got nothing....

As for margins, just have to sell betterer or have betterer cost structure than Fonterror…..

[GTM 3442]

Hope helping farmers to this degree doesn’t affect shareholders too much

http://nzx-prod-s7fsd7f98s.s3-websit...562/315751.pdf

I've always been irritated to have been compulsorily bought out of Synlait Farms, back in the day. Always nice to have two clips at the ticket. . .