Attachment 10332
bathing in the milk
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Attachment 10332
bathing in the milk
yes it is bull
Anybody notice the $69m loss on the listed investment (Synlait) in Other Comprehensive Income
100,000 just gone through at $13.81. Someone taking profit and someone cross they didn't buy yesterday.
Main thing to note is Gross Margins continue to improve (inputs and price)
EBITDA margins shrinking in H2 because of added investment in growth (doing what Heartland are doing and not holding back). You know that anyway
Even at 31%/32% full year EBITDA margin is higher than last year ...isn’t that good?
I sold out all my holding at Christmas time after frustration of going nowhere .
In the new year it started to climb and I had FOMO anxiety so decided to buy back in and sit tight. Glad I did and have learnt a lesson to ignore all the sideline noise.
Expect a massive re-rate to happen over next few weeks once all Analysts pump out their valuations.