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04-04-2020, 12:05 PM
#2961
![Quote](images/misc/quote_icon.png) Originally Posted by winner69
I think their average is now about $6.35
I reckon that's about right too...... perhaps av of $7.50 ...certainly not north of $10.
Last edited by Leftfield; 04-04-2020 at 01:46 PM.
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04-04-2020, 12:41 PM
#2962
![Quote](images/misc/quote_icon.png) Originally Posted by kerryo
This is unbelievable, rises 6 trading days in a row, somebody knows something we don't.
I think it is all the positive news of late:
- 11/3 - 582 hectares of farmland adjoining Dunsandel facility purchased. Increasing own dairy production. Importantly, potentially improving railway access for supply chain efficiencies - reducing 16,000 truck movements annually between the factory to Lyttelton Port.
- 19/3 - HY result published. Positive with FY February guidence confirmed.
- 1/4 - Dairyworks settlement complete. A NZ market leader in the Everyday dairy category; Half NZ cheese, 25% NZ butter plus milk powder and Deep South Icecream.
Looks exciting to me and I believe the reason for the market interest.
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04-04-2020, 03:55 PM
#2963
![Quote](images/misc/quote_icon.png) Originally Posted by BlackPeter
Wouldn't think so. Didn't they buy the first 17% of their now close to 20% holding well north of $10 per share?
And it was not even Jayne screwing that up ...
![Quote](images/misc/quote_icon.png) Originally Posted by Left field
I reckon that's about right too...... perhaps av of $7.50 ...certainly not north of $10.
Fair enough. Just checked. The first big parcel (they bought from Frislandia in March 2017) was around $3.20 per share ... and the second (similar number of shares bought in August 2018) was around $11 per share. That's the parcel I had in mind.
So, yes - average (before buying the last lot) was somewhat above $7 per share.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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04-04-2020, 05:11 PM
#2964
![Quote](images/misc/quote_icon.png) Originally Posted by BlackPeter
Fair enough. Just checked. The first big parcel (they bought from Frislandia in March 2017) was around $3.20 per share ... and the second (similar number of shares bought in August 2018) was around $11 per share. That's the parcel I had in mind.
So, yes - average (before buying the last lot) was somewhat above $7 per share.
Yes, it is tricky to calculate because (as I recall) they didn't always state the number of shares or av SP.
eg
March 2017 purchased 8.2% of SML at $3.20 (ish)
Aug 2018 purchased further 9.2% to take total stake to 17.4% for $162 mill. (I remember an av of $11.05 but may be wrong??)
March 2020 purchased further 2.44% to take total stake to 19.84% at $4.95
Can't help thinking an av holding price around current $7.00 levels is a useful yardstick.
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04-04-2020, 07:46 PM
#2965
It will surprise nobody that Jayne was in charge when they paid out the really big bucks. One of her first decisions after being appointed if I remember correctly. The she started hiring all her old JetStar mates. What a "legend" she turned out to be.
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
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04-04-2020, 08:17 PM
#2966
![Quote](images/misc/quote_icon.png) Originally Posted by Left field
Yes, it is tricky to calculate because (as I recall) they didn't always state the number of shares or av SP.
eg
March 2017 purchased 8.2% of SML at $3.20 (ish)
Aug 2018 purchased further 9.2% to take total stake to 17.4% for $162 mill. (I remember an av of $11.05 but may be wrong??)
March 2020 purchased further 2.44% to take total stake to 19.84% at $4.95
Can't help thinking an av holding price around current $7.00 levels is a useful yardstick.
Here are details of all investment by A2 Milk in SML and under who is in charge of A2, no wonder GB is our great man as always...
9/03/2017 |
14,634,119 |
$ 47,926,739.73 |
$ 3.28 |
GB |
13/04/2018 |
1,700,000 |
$ 15,322,950.00 |
$ 9.01 |
JH |
3/08/2018 |
14,840,527 |
$ 161,761,744.30 |
$ 10.90 |
JH |
23/03/2020 |
4,400,000 |
$ 21,780,000.00 |
$ 4.95 |
GB |
|
|
|
|
|
Total |
35,574,646 |
$ 246,791,434.03 |
$ 6.94 |
|
Their av price of investment is tad under $7 at $6.94 which is pretty good.
Last edited by sb9; 04-04-2020 at 08:22 PM.
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04-04-2020, 08:50 PM
#2967
![Quote](images/misc/quote_icon.png) Originally Posted by Beagle
It will surprise nobody that Jayne was in charge when they paid out the really big bucks. One of her first decisions after being appointed if I remember correctly. The she started hiring all her old JetStar mates. What a "legend" she turned out to be.
Get over it, for a non shareholder you’re stuck in ancient history. ATM is performing way better than most other stocks
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05-04-2020, 07:38 AM
#2968
Thanks sb 9 very helpful.
Well said Baa Baa.
Last edited by Leftfield; 05-04-2020 at 07:43 AM.
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05-04-2020, 09:42 PM
#2969
I wonder role of Lactoferrin for Coronavirus?
https://www.synlait.com/news/synlait...ply-agreement/
https://www.researchgate.net/figure/...fig10_51614957
"Lactoferrin blocks virus invasion"
/www.foodnavigator-asia.com/Article/2020/03/17/Fight-COVID-19-with-dairy-China-industry-associations-issue-consumption-guidelines-to-build-immune-resistance#
Last edited by kiora; 05-04-2020 at 09:47 PM.
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07-04-2020, 09:08 AM
#2970
Market update FYI. See it here.
Disc - I followed Geoff in last time and have done so again...got out last time with healthy gains... now in again and a bit over exposed to dairy but WTH!
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