SML - Synlait

[Hectorplains]

AMAZING TURNAROUND - a $29m loss into a $39m profit

Good stuff and well done Synlait

And F23 looking good - npat about $80m by looks of it

And these new customers will see proft over $100m in F24 .... cool

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/SML/399427/379770.pdf

Good result.  So they've impaired Talbot cheese by $12m - where's the Court case at and when are we back making cheese?

[Auto Rower]

Most Definitely a great sustainable forward looking turnaround Winner 

[mcdongle]

Good result.  So they've impaired Talbot cheese by $12m - where's the Court case at and when are we back making cheese?

I have been told the cheese is being made elsewhere..

[Auto Rower]

Who told you that an  undercover brother ! & ask them how long for  is the plant due to come back on line mcdongle.
 

[mcdongle]

Have heard nothing more than that...  sorry

[Auto Rower]

Fair enough mcdongle I am looking at explanations/reasons for the sp  price drop probably just the bears

[winner (n)]

Sml share price back over 310 today I reckon

[Left Field]

Sml share price back over 310 today I reckon

Why?

[BlackPeter]

Why?

Edit: Sorry, I misunderstood the dialogue.

Winner just teasing us ... looking at the volume I'd say just some school child investing their pocket money into the factory their dad might work in.

Not sure anybody can take from that a guide for the trend ...

[winner (n)]

Why?

Just an aberration yesterday -- a bit of noise

Ranges between 310 to 350 at moment ....but looking good for 400 next year when the new customer starts firing up

[BlackPeter]

Just an aberration yesterday -- a bit of noise

Ranges between 310 to 350 at moment ....but looking good for 400 next year when the new customer starts firing up

Insider knowledge or hope / speculation ?

[Ferg]

I have heard through the grapevine there have been some solid appointments in Management in the mid/upper levels of late. Movers and shakers so to speak with experience. Might be worth watching for the "inflection point". (don't we love those!?)

[Left Field]

SML topping the leader board today so Winner on form with his 'aberration' talk.

All is well.

[winner (n)]

Yikes- back in the 290s

Maybe not an aberration after all ---- just the start of a new norm of a share price hanging around 250-300

They better have a great story to tell at the ASM in a few weeks time or else this may just happen

Shame they got kicked out of that Index .... triggered the down turn

[winner (n)]

Pink ASM preso for ASM hard on the eyes to read but I think I saw ambition to have more than $2.55 billion in revenues in F27 and a return on capital of 15% (F22 ROCE was 5%)

So planning 9% pa revenue growth but big jump in profits ... maybe as high as 30% pa

Share price recovered from that recent dip and at $3.18 back in that 310/350 trading range

With Customer S about to start buying and with what the 'new' team intends to do I reckon share price could be lose to $5 by the time of next years ASM

Penno said at ASM that this new customer is a "truly world-class first-tier consumer company" says and in a few years time will be their biggest customer and Pokeno will be going flat out just producing for them.

Lot to like about Synlait