SM1 1.82% 27.0¢ synlait milk limited

Ann: Market update deleveraging plan, bank covenants, guidance, page-101

  1. 28 Posts.
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    Could go either way IMO. On the one hand, nobody knows this business better than Synlait. On the other hand, they allowed themselves to get into this mess. I presume they are a fine operator but poor strategically. That might mean Pokeno's utilisation won't improve under new owners.
 
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