SM1 4.65% 41.0¢ synlait milk limited

I am down over 90% because these twits have for years only cared...

  1. 1,407 Posts.
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    I am down over 90% because these twits have for years only cared about sustainability and diversity, failing to keep costs under control and spending far too much time wrestling in the mud with their neighbors under a previous CEO while opportunities to solidify relationships standing and grow new relationships passed them by.

    My other investments on the ASX have done far too well for me to ever consider placing funds in the NZX as a whole, but specifically SML/SM1 ever again.

    This business is dancing on the knifes edge of catastrophic failure IMO, the red warning lights have been flashing for some time. With my initial $10,000 parcel in the co. now worth less than $1,000, there is no way in hell they will see any further capital allocation from me.
    Last edited by theghostwithin: 09/01/24
 
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