Australia's largest stock trading and investment forum Australia's #1 stock forum

SML

Click for more information

1.25%

40.5¢ synlait milk limited (ns)

@Lainn good review, do you know how Australian investors can get...

First 3 Last

Share
Profile

Follow
markyjones

65 Posts.

17/11/15

09:28

Post #: 16411069
Share

Originally posted by Lainn ↑

Earlier this year Synlait entered into a 25/75 partnership with Chinese company New Hope to establish a company called New Hope Nutritionals.

New Hope Nutritionals will now sell two new infant formula brands produced by Synlait directly into the Chinese market, these infant formula brands are Akara and Akarola.

This just seems to me to be a pretty jolly good business equation, arguably the top New Zealand quality infant formula producer teaming up with one of the largest existing distributor retailers already on the ground in China.

The first shipments to China have now been made and it should be an interesting watch to gauge sales growth over the next 12 months.

Synlait's Chinese connections are very strong, in addition to the partnership with New Hope, the largest shareholder in Synlait is China Bright Dairy who have 39%.

In my view this provides for a unique magnitude of access to the Chinese market for Akara and Akarola infant formula along with the market research that both China Bright and New Hope can offer.

Expand

@Lainn good review, do you know how Australian investors can get access (buy / sell) to NZX if a company is not dual-listed (like SYN)?

Thank you.

Price at posting: $2.52 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

CMB

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

C1X

iTech inks deal with Chilean lithium giant to progress Reynolds Range

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

CAF

IP anomaly thrills Cannidah with project extension hopes in QLD

PCL

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 12 more messages in this thread...

First 3 Last

Add SML (NZSX) to my watchlist

(20min delay)
Last 40.5¢		Change 0.005(1.25%)		Mkt cap ! n/a

Open	High	Low	Value	Volume
40.0¢	41.0¢	40.0¢	$60.36K	149.1K

Buyers (Bids)

No.	Vol.	Price($)
0	137022	40.0¢

Sellers (Offers)

Price($)	Vol.	No.
41.0¢	137558	0

Last trade - 13.00pm 22/11/2024 (20 minute delay)

SML (NZSX) Chart