I see analysts price targets are on the rise for Synlait SML to $3.74 ahead of the ASX listing prior to xmas.
I think they will be received quite well on the ASX with a good demand for SML by the insto’s.
And, with a forward PE of just 12.6, a dividend yield of 2.17%, and projected earnings growth of 20% that looks like a pretty good relative dairy co investment to me.
Keep some powder dry folks I reckon.
http://www.4-traders.com/SYNLAIT-MILK-LTD-14391761/financials/
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