SM1 1.35% 36.5¢ synlait milk limited

SM1, page-825

  1. 135 Posts.
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    I am doubling down on synlait
    1. SAMR done
    next catalysts
    1. announcement of customer name “S” and starting production (due this month)
    2. sale of dairyworks - $150 to 200 million given that there is global shortage and extreme demand for cheese (anytime)
    3. End of the year results - earnings like to be at the upper end and significant reduction in debt - due August (synlait could bring down the debt from $500 million all the way down to $250 million and that translates to 20 million extra cash

    this could double in next six months
 
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