SM1 21.8% 33.5¢ synlait milk limited

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  1. 1,669 Posts.
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    Synlait's growth profile is impressive. It's definitely not a one-trick pony. Once CFDA approval comes, it will be interesting to see the impact on the share price. My view is that this approval will open-up the company to be re-rated, assuming that Munchkin's profile continues to grow.

    I also like the comparatively small number of shares on issue. I realise it's largely irrelevant to the overall investment profile of a company, but it's clear that Synlait is closely held. On balance, A2's sales (if/once updated) have the potential to give the sp a kick along too... but the key with Synlait is patience.

    Baron
 
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