SML - Synlait Milk Ltd

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[Baa_Baa]

I think the outcome will be much more benign for SML than the stay-at-home non-holders with nothing better to do than dig up unsubstantiated conspiracy trails lead us to believe. They so far have fabricated in their own minds an elaborate story but haven't acknowledged who is the culpable party liable for recompense versus the injured party who has no liability and stands to gain from a positive decision in the courts.

For SML holders, this chatter is not helpful. So far the SP has not been overly concerned with those whose stories have little to do with common sense or due process, which must be a bit galling that their grandstand has so little actual audience, while they're more focused on bolstering their own egotistical reputations as opinionated stirrers (which is working well), moreover they have shrugged off that with repeated calls for axing the incumbents for incompetence!

How rude are these sideline commentators who have plenty of time up their sleeves but apparently no time or objectivity to consider how SML (and their partner ATM) might be playing this.

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[Baa_Baa]

We have seen how SML are playing this. No news to the market of the court proceedings. no news of the original cease and desist "demand", current cease dressed up as a "request" all with an appeal court decision not going in their favour. Good luck with dressing that up in pink bows and ribbons

Typical response, you miss the point that SML and ATM might not feel obliged, nor should they be, to inform the market about how they're going to take on the plaintiff. There is no obligation on SML to disclose anything (especially daily or weekly) about this, like why would they inform the market on a strategy for a pending court case, you're drawing a long bow to suit your own ends.

They have told us the circumstances and you're dining out on it for your own ends, to try and buy a quality company at a lower SP, even concocting stories that might drive the SP lower, like you have some influence on that, yeah right. Apparently you just have too much time on your hands and love a sh1tfight, especially one that might get you a lower SP entry price.

Pity that you're a non-holder wanting a lower SP by stacking piles of conjecture on top of SML. Some might call that blatant down ramping, think about it. If you were objective, you wouldn't have said you'd buy SML lower than here and you might have used your tons of available time to suggest how you think SML and ATM might defend being the injured party versus making assertions that they are the culpable party, which they aren't.

OTY, I think you're full of it, self centered, downramping and doing a disservice to SML holders.

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[nzsharetrade]

Guys, i would rather reading conspiracy than this. show your opinion/conspiracy.

I highly respect both of you.

[Beagle]

I think the outcome will be much more benign for SML than the stay-at-home non-holders with nothing better to do than dig up unsubstantiated conspiracy trails lead us to believe. They so far have fabricated in their own minds an elaborate story but haven't acknowledged who is the culpable party liable for recompense versus the injured party who has no liability and stands to gain from a positive decision in the courts.

For SML holders, this chatter is not helpful. So far the SP has not been overly concerned with those whose stories have little to do with common sense or due process, which must be a bit galling that their grandstand has so little actual audience, while they're more focused on bolstering their own egotistical reputations as opinionated stirrers (which is working well), moreover they have shrugged off that with repeated calls for axing the incumbents for incompetence!

How rude are these sideline commentators who have plenty of time up their sleeves but apparently no time or objectivity to consider how SML (and their partner ATM) might be playing this.

Should have gone to Spec Savers lol SML Chart.jpg

[dreamcatcher]

Should have gone to Spec Savers lol SML Chart.jpg

You shouldn't use SUM chart here.....

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[bull....]

Below is the market announcement I did not receive as a shareholder of SML. Dont bother looking for it on their website - they dont publish these things there - only on the NZX platform (and this announcement isnt there either because, unlike the latest announcement, they didn't think it material so didnt let us shareholders know)

Synlait acknowledges receipt of Cease and Desist for Pokeno
19/6/2018, 14:30 am GENERAL
Stonehill Trustee Ltd, the vendors of land sold to Synlait (NZX: SML; ASX: SM1) have received a letter demanding that STL require that all works in breach of the covenants on the land SML has purchased cease and advised that the covenant beneficiaries, NZIPL would be opposing STL’s originating application.

In February 2018 Synlait announced the conditional purchase of 28 hectares of land in Pokeno to establish its second nutritional powder manufacturing site.

“Today STL received a cease and desist letter from the beneficiary of the covenant while the beneficiary considers its option,” says Synlait’s CEO, John Penno.

“We are taking advice and talking to all parties, and we believe a practical solution is attainable,” he says.

“We are taking advice and talking to all parties, and we believe a practical solution is attainable,” he says

means we will negoiate to pay you millions to remove your cease and desist order