Synlait Farms Limited (SNLF)

[FarmerHamilton]

Just looking at the current "IPredict" market for the Fonterra payout for 13/14 and 14/15 seasons. Very interesting and pretty bullish !!

2013/14 - min $7.00 payout : 90%
2013/14 - more than $7.25 : 50%
2013/14 - more than $7.50 : 28.9%

2014/15 - min $7.00 payout : 64.6%
2014/15 - more than $7.50 : 47.5%
2014/15 - more than $8.00 : 14.8%

[FarmerHamilton]

Just looking at the current "IPredict" market for the Fonterra payout for 13/14 and 14/15 seasons. Very interesting and pretty bullish !!

2013/14 - min $7.00 payout : 90%
2013/14 - more than $7.25 : 50%
2013/14 - more than $7.50 : 28.9%

2014/15 - min $7.00 payout : 64.6%
2014/15 - more than $7.50 : 47.5%
2014/15 - more than $8.00 : 14.8%

$1.15 trades .... Adds $6m to Synlait Farms market cap.

[1leon]

$1.15 trades .... Adds $6m to Synlait Farms market cap.

Funny to think a trade worth $8625 has a $6m effect. Watch out Xero!

[FarmerHamilton]

Funny to think a trade worth $8625 has a $6m effect. Watch out Xero!

$1.25 trades in decent size ... 40,000 shares

Synlait market cap up $10m in two days

Shares up 25% inside a week !!

Now trading at about 90% of NAV

[1leon]

$1.25 trades in decent size ... 40,000 shares

Synlait market cap up $10m in two days

Shares up 25% inside a week !!

Now trading at about 90% of NAV

I ather thought it might take off if people found they were missing out on Synlait Milk--and it seems private investors may have been sidelined there. You must be very happy!

[FarmerHamilton]

I ather thought it might take off if people found they were missing out on Synlait Milk--and it seems private investors may have been sidelined there. You must be very happy!

Yes ... from trading on a "spreadsheet" basis thru Polson Higgs and BDO Spicers a few months ago the value of my investment in Synlait is up $740,000 inside 4 months thanks to being traded in a more public forum and the company split.
Assumes $1.25 SNLF and $2.20 SML

[CJ]

Yes ... from trading on a "spreadsheet" basis thru Polson Higgs and BDO Spicers a few months ago the value of my investment in Synlait is up $740,000 inside 4 months thanks to being traded in a more public forum and the company split.
Assumes $1.25 SNLF and $2.20 SML

I think you can assume SML will be worth more than $2.20 come the 23rd.

What is the market cap of SNLF? ~$50m? Liquidity still an issue. Would be good to see more farming shares on the main board.

[FarmerHamilton]

I think you can assume SML will be worth more than $2.20 come the 23rd.

What is the market cap of SNLF? ~$50m? Liquidity still an issue. Would be good to see more farming shares on the main board.

Yes CJ ... seems like the first few hours of trading in Synlait Milk might be a bit of a "lolly-scramble" ... Hoogwegt will be the new cornerstone shareholder ..

[FarmerHamilton]

Yes CJ ... seems like the first few hours of trading in Synlait Milk might be a bit of a "lolly-scramble" ... Hoogwegt will be the new cornerstone shareholder ..

Royal FreislandCampina is the new 7.5% shareholder in Synlait Milk ....

[FarmerHamilton]

GDT Auction tomorrow night at GMT1200. Next one 2nd August ... then calving will begin and the 13/14 season will be off and away!