SML - Synlait Milk Ltd

[Beagle]

Analysts average views on market screener have eps of both companies growing at the same rate in the foreseeable future. SML at just under half the PE ratio and with a more diversified product mix looks like a much safer bet on this growth sector. I agree that the official production forecast (in light of the recent ATM result) is now looking quite conservative and am looking forward to the result and revised forecast.

[nzsharetrade]

please remind me when Pokeno facility was planned to complete for production?

[Beagle]

please remind me when Pokeno facility was planned to complete for production?

July / August 2019 from memory.

[couta1]

July / August 2019 from memory.

Maybe they could invite the Herd woman as a guest speaker for the commisioning as that should coincide with her next share sell down.Lol

[nzsharetrade]

Maybe they could invite the Herd woman as a guest speaker for the commisioning as that should coincide with her next share sell down.Lol

hahah, I dont really think this sell out would be as bad as last time. she has given her notice long enough ........

[minimoke]

July / August 2019 from memory.

And all going to plan for commissioning early spring. Excellent!

https://www.stuff.co.nz/business/far...on-this-spring

[Beagle]

And all going to plan for commissioning early spring. Excellent!

https://www.stuff.co.nz/business/far...on-this-spring

I really like the last bit "There's plenty of room for expansion so we can keep adding adjacent dryers or other equipment as we need to."

[minimoke]

I really like the last bit "There's plenty of room for expansion so we can keep adding adjacent dryers or other equipment as we need to."

And if they end up short a bob or two to expand they have major shareholders with loads of cash looking for a home.

[Beagle]

And if they end up short a bob or two to expand they have major shareholders with loads of cash looking for a home.

True that. One might be forgiven looking at this chart for thinking the SP is resuming its upwards trendline after a decent correction. Pretty encouraging TA Synlaitchart.jpg

[minimoke]

Only 14 more sleeps before santa delivers a bigger SP.