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  1. #1841
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by minimoke View Post
    Its a while since I've been able to hum this https://www.youtube.com/watch?v=UJOjTNuuEVw
    Thanks mate. I enjoyed that
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  2. #1842
    Senior Member
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    Sep 2002
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    Anyone notice that it closed at AU$8.76 on the ASX...? Up almost 5%.... Something up or did someone press the wrong button...?
    Last edited by BigBob; 21-12-2018 at 06:03 PM.

  3. #1843
    Senior Member
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    It seems the knife has stopped falling on Synlait and the SP has started trending up. The 4th most picked stock in the competition this year, I've already got enough from catching the knife but for those who have don't like buying in downtrends now might be a good time to get in?

  4. #1844
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    Mar 2015
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    Technically, the 100 day moving average has been a really good indicator for a few years. It bounced off it in the last down trend 2015 and many times on its way up through 2018. It’s still below that so if it goes above say $10.30?? It might be a good buy signal.

    If you like SML long term then you can buy at any time, I’ve held for about 4 years through the ups and downs of the sp. During that time they have loaded up their existing plant and executed their business plan really well. This has enabled them to grow cash, reduce debt and to invest again which is really exciting.

    Long term happy shareholder.

  5. #1845
    Legend minimoke's Avatar
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    Christchurch, New Zealand.
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    Quote Originally Posted by allfromacell View Post
    It seems the knife has stopped falling on Synlait and the SP has started trending up. The 4th most picked stock in the competition this year, I've already got enough from catching the knife but for those who have don't like buying in downtrends now might be a good time to get in?
    Given its trend against ATM now would indeed be a good time to get in.

  6. #1846
    The Kid
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    Oct 2014
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    Good stuff - Synlait Milk's registration of its Dunsandel plant in the South Island has been renewed by Chinese authorities for another four years. http://nzh.tw/12188945

  7. #1847
    Legend minimoke's Avatar
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    Nice to see SML hitting $9.58 today. Onwards and upwards again.

  8. #1848
    Junior Member
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    May 2016
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    Yes finally some upwards movement. Onwards and upwards!

  9. #1849
    Junior Member
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    May 2016
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    On a different note, I know that the USA tariffs on china and v.v will have an influence on synlait, but how and why will it do so?
    Cheers,
    sl

  10. #1850
    Advanced Member
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    Jul 2015
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    Two more cents we can do this $10 thing come on haha. Just then it turned $10 per share

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