How long can Synlait survive without the Chinese registration? This is the key question shareholders should ask at AGM.
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How long can Synlait survive without the Chinese registration? This is the key question shareholders should ask at AGM.
I'm surprised that so many on here seem concerned about SML getting chinese registration. Its a given, they have ticked all the boxes and are a cut above a number that already have it.
Who cares whether it should have been three months ago is in the next six weeks or will take another six months Synlait are in a growth industry/based in a country best position to capitalise off that industry growth and part of a country wide focus to be a presence on this stage.
Disc: Don't hold but fingers crossed will pick some up this season when something comes left field - maybe a snazzy photographer catches them dumping milk and the media runs with it or over hyped fears around the canning plant/lactoferrin production when some negative news comes out. They have done alot in a short space of time - there bound to get caught out on something.
Regards
TG
Bad news would not be released until the very last minute (AGM).
I went to Dr John Pennos' presentation on Synlait last night. Great guy. Great presentation.He touched briefly on the Chinese registration process, but did not seem too distracted by it,as in it should happen in the next month. Their new processing/canning line is very best in class, so it is just as the Grinch was saying- Nothing to get worked up about. He mostly talked in general about Synlait, its history and future opportunities. He could not go into numbers, as the result and annual report will both be out on Monday.
Yes, thanks for the feedback. Will wait and see what news Monday holds