Pretty certain it’ll be 10 bucks sooner or than later
Printable View
both companies above $10??
Just to digress a bit, putting Amazon latest earnings into perspective which was huge beat on earnings of actual 52c EPs vs 3c expected. And to think they recently acquired Whole Foods which stocks A2 Milk in US.
Add to that Amazon as reported recently are on the lookout for good acquisitions across globe which fit their earnings growth model, I'm sure Bezos can throw few billion $ to acquire a great company like A2 milk.
I'm drawing a very very long string here...pls DYOR.
https://www.nzx.com/files/attachments/266067.pdf
https://www.nzx.com/files/attachments/268506.pdf
Don't want to clog the A2 thread up unnecessarily but I think its useful for A2 investors to have a good understanding of Synlait as their major business partner.
Worth noting that Synlait have substantial headroom with processing capability outside of ATM contractual arrangements and we know it would be easy enough for more A2 herds to be brought "into the fold"
The possibility of a merger at some stage in the future appears to make sense.
Great Call Nasi. I've also be interested in peoples views of A2 versus SML. I bought A2 at .75, sold for 2.25 and bought into SML around 2.50. My reason for switching to SML was a view that they were a lower risk than A2 given they work with New Hope and Munchin.
Ive heard John Penno speak and he seems very switched on and clear about strategy. He is acknowledged by dairy farmers in the region as being 'ahead of the game'.
stupid eh...yesterday broker said SML rating to $6..the sp started to plunge then today there is a conference presentation in China....
I think it was the broker playing up the scare thing to get in cheaper????
Some weekend homework for you my friend
https://christiananswers.net/q-eden/...nt-wisdom.html
The following from SML's presentation to the Select Equities Conference, released to NZX today......
ATM nicely positioned.
Attachment 9257