SP<NTA now tho?
Printable View
SP<NTA now tho?
You are right. Assuming the plant is able to pay rates, interest and wages even without selling truckloads of A2 Platinum I agree that this might at some stage turn into a deep value game.
For my feeling however is this a bit too early for that - and it would be nice as well to see not just the backside of Leon, but from the people who put him not just into power and didn't manage him appropriately, but who created already many of the issues Leon failed to fix (like the total dependency on A2-Milk and the Pokeno saga).
I don't see a reason why this company could not get back on track given a good strategy and a capable board and leader.
Who knows - maybe I buy in November a handful of shares as entry ticket into the AGM? Might be interesting this year ....
What are they going to do when A2 get their own plant up and running i wonder
They are obviously going to process milk what will they do with it...........This is the rumour i am hearing from people
mcdongle have you not been looking into the big new customer in Asia etc , they wont need atm soon but may be owned by them !!
Yes ralph. Just not sure where Synlait are going at the moment. There are still lots of people leaving the co. Big new customer not a dairy company though is it