SML - Synlait Milk Ltd

[whatsup]

Sub $12 now - boardering on 8% drop, hmmmm, falling knife, market was expecting more= gready market !!

[whatsup]

10 % drop !!

[Ggcc]

I expect a profit near $78 million, but not enough for the average trader where they expect $85-95 million. The share will decline by $0.50-1.50 and people will look and wonder why........ I will still hold as they could just make $85 million and who would want to miss out on $14 share while longterm I see $25 takeover in approximately 3 years. DYOR before you think I am dreaming. I am not a trader therefore I won’t buy and sell to make a quick buck (then get taxed for it).

Hand that man a chocolate fish. Oh wait that is me...... It gives those longterm holder the chance to buy more!!!!!!!

[Sinvester]

I think once the initial 'panic maniacs' calm down, people will see value in it and will go up steadily.

[nzsharetrade]

why no one is selling below 12.......i want to buy more now.

[Patient Panda]

I calculate ROE of 18.6% pretty good but less than I would have thought given the massive boost in NPAT.

[Ggcc]

Attachment 9963

Well done......

Hahaha thanks. Great to see it is rising again. I am a shareholder and I do think this share will be off the market in approximately 3 years if not earlier

[hardt]

As we said before, gobbled up all the cheap ones on ASX turd fest.

[winner69]

I calculate ROE of 18.6% pretty good but less than I would have thought given the massive boost in NPAT.

That’s pretty good and ROIC is over 14% so more than covering its cost of capital

Needs to do that for $2.47 book value to support a $12.00 share price

[minimoke]

Time to look at what is being bought: http://www.talbotforestcheese.co.nz/On-Offer.php

and some background http://www.stuff.co.nz/timaru-herald...s-of-Geraldine

Go to make that A2 cheese somewhere and what better place than just down the road at Geraldine. An excellent place to taste (and buy) on a road trip south