SML - Synlait Milk Ltd

[Sideshow Bob]

The day after GDT prices jumped 15%.......

[winner69]

TA not that helpful, a fairly wide support band between $3.75 and $2.95 from 2017 .. crikey, we're talking 4 years of lost SP capital. Big downgrades don't respect TA supports. Might see a capitulation event on this one.

Will go below BV (which after a loss this year is possibly less than 340)

Maybe the 295 you mention might hold this time around ..or 300 as a nice round number

[Balance]

Why buy the cow when you can buy the milk - quote that comes to mind with a capital-intensive manufacturer like SML vs a capital-light high margin brand driven consumer ATM?

[sb9]

When sp goes below $3 eventually which is almost certain now, wonder if anyone (incl Instos) are on right side of ledger?

Penno must be ruing that he should have sold bunch more at the peak of around $11 or so from memory.

[Getty]

Today,
Fonterra looking at paying up,

Synlait looking at laying down,

Has A2 met its Waterloo?

[winner69]

Why buy the cow when you can buy the milk - quote that comes to mind with a capital-intensive manufacturer like SML vs a capital-light high margin brand driven consumer ATM?

That’s why it’s a worry that A2 seem hell bent on buying more cows (or big parts of cows)

[Getty]

Some say NZ is at Peak Cow.

Now, its the shareholders being led into a trough...

[Sideshow Bob]

Some say NZ is at Peak Cow.

Now, its the shareholders being led into a trough...

Maybe becoming clearer why A2 bought into MVM.....??

[Getty]

Few, if anyone, will want to read this, but around the world, farming is a peasant class economy.

Perhaps its going the same way in NZ,

Wool, now...

[winner69]

this part of announcement The resulting impact of the above on Synlait’s manufacturing recoveries, which sees infant formula base powder production dropping significantly as outputs and inventory levels reset to a new outlook. ......

means ....

we will have lots of staff hanging around doing nothing until things pick up.