Synlait Milk Ltd (ASX: SM1) Share Price and News

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Synlait Milk Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $223.18 million
P/E Ratio 22.08
Dividend Yield 0.00%
Shares Outstanding 603.20 million
Earnings per share -0.833
Dividend per share N/A
Year To Date Return -59.89%
Earnings Yield 4.53%
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as at 24 Feb 3:44pm

  • Synlait Milk Ltd (ASX: SM1)
    Latest News

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    Leading brokers name 3 ASX shares to sell today

    Here's why brokers are bearish on these ASX shares...

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    Synlait (ASX:SM1) share price climbs despite largest ever financial loss

    Shares in the Kiwi dairy company are climbing higher despite a weak financial result

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    ASX 200 falls, Macquarie jumps, Aussie Broadband climbs

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    Why AnteoTech, Fortescue, Synlait, & TPG shares are tumbling lower

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    Synlait (ASX:SM1) share price on watch after guidance downgrade

    The milk producer's shares will be in the spotlight after more bad news regarding its FY21 guidance.

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    Why Brickworks, Imugene, Platinum, & Synlait shares are dropping today

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    Synlait (ASX:SM1) share price on watch after sudden CEO exit

    The Synlait Milk Ltd (ASX:SM1) share price could come under pressure again on Monday after announcing the sudden exit of…

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    Broker Notes

    Leading brokers name 3 ASX shares to sell today

    Leading brokers have named JB Hi-Fi Limited (ASX:JBH) and these ASX shares as sells this week. Here's why they are bearish...

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    SM1 ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Synlait Milk Ltd

    Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its relatedproducts, liquid milk, cheese, and butter. Its segment are Synlait and Dairyworks, out of which it derives maximum revenue from Synlait segment.

    SM1 Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    22 Nov 2024 $0.37 $0.02 5.63% 40,911 $0.36 $0.37 $0.36
    21 Nov 2024 $0.36 $-0.01 -2.74% 48,114 $0.37 $0.37 $0.36
    20 Nov 2024 $0.37 $0.00 0.00% 159,894 $0.36 $0.39 $0.36
    19 Nov 2024 $0.37 $0.01 2.78% 3,338 $0.37 $0.37 $0.36
    18 Nov 2024 $0.36 $-0.01 -2.74% 5,581 $0.37 $0.37 $0.36
    15 Nov 2024 $0.37 $0.01 2.78% 5,985 $0.36 $0.37 $0.36
    14 Nov 2024 $0.36 $0.01 2.82% 18,635 $0.35 $0.36 $0.35
    13 Nov 2024 $0.36 $-0.01 -2.74% 95,225 $0.36 $0.37 $0.35
    12 Nov 2024 $0.37 $0.00 0.00% 1,814 $0.36 $0.37 $0.36
    11 Nov 2024 $0.37 $-0.01 -2.70% 20,654 $0.37 $0.37 $0.37
    08 Nov 2024 $0.37 $0.01 2.74% 1,332 $0.37 $0.37 $0.37
    07 Nov 2024 $0.37 $-0.01 -2.70% 4,742 $0.37 $0.37 $0.37
    06 Nov 2024 $0.37 $0.00 0.00% 100 $0.37 $0.37 $0.37
    05 Nov 2024 $0.37 $0.01 2.78% 3,746 $0.37 $0.37 $0.37
    04 Nov 2024 $0.36 $0.02 5.88% 5,676 $0.36 $0.37 $0.36
    31 Oct 2024 $0.34 $-0.02 -5.56% 34,419 $0.37 $0.37 $0.34
    30 Oct 2024 $0.36 $-0.01 -2.70% 29,574 $0.36 $0.37 $0.36
    29 Oct 2024 $0.37 $0.00 0.00% 1,746 $0.37 $0.38 $0.37
    28 Oct 2024 $0.37 $0.01 2.78% 7,884 $0.37 $0.37 $0.37
    25 Oct 2024 $0.36 $-0.02 -5.26% 15,183 $0.38 $0.38 $0.36
    24 Oct 2024 $0.38 $0.02 5.56% 5,339 $0.37 $0.38 $0.37

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Hon Ruth Richardson Non-Executive Director Nov 2009
    uth specialises in agribusiness, commercialising innovation and finance. She was was the Member of Parliament for Selwyn (Synlait's local electorate) from 1981 to 1984 and later New Zealand's Minister of Finance from 1990 to 1993.
    Mr Sihang Yang Non-Executive Director Nov 2010
    Mr Yang has over 20 years of industry experience, he is Bright Dairy and Food Co.'s director of strategy and research and a director of several Bright Dairy subsidiaries. He is People, Environment & Governance Committee Member and Nominations Sub Committee Member.
    Mr George Adams Non-Executive DirectorNon-Executive Chairman Mar 2024
    Mr Adams has commercial and governance experience with 30 years of international business experience in the fast-moving consumer goods and telecommunications industries and an occupational health and safety background. Before focussing on governance, George held a range of executive leadership positions. He was, Managing Director of Coca-Cola Amatil New Zealand and CFO of British Telecom Northern Ireland. George's governance highlights include being Chair of Bell Tea & Coffee, Chair of the New Zealand Food and Grocery Council and a Director of Hellers Group and Tegel Food. Today, George is Chair of the Business Leaders Health & Safety Forum. He is risk committee member and Nominations Sub Committee Member.
    Mr Tao Zhang Non-Executive Director Feb 2024
    Mr Zhang is a has held leadership finance roles at several companies, including the Manager of Shanghai Donghua Accounting Firm, the General Manager of Financial Department of Pengxin International Mining, the Financial Director of Shanghai Pengpo New Energy Development, and the Financial Director of InterChina Water Treatmen. He is risk committee member.
    Mr Paul McGilvary Non-Executive Director Jan 2022
    Mr McGilvary has dairy sector experience and is currently Deputy Chair of AsureQualit. He is People, Environment & Governance Committee Chair and Risk Committee Member and Nominations Sub Committee Member.
    Ms Yi Zhu(Julia) Non-Executive Director Jun 2023
    Ms Zhu is risk committee member.
    Mr Leon Fung Non-Executive Director Jun 2024
    Mr Fung is currently CEO of NIG Nutritionals Limited, a privately owned business in food supplements and goat milk, and is resident in Auckland, New Zealand. Leon has over 20 years of experience in multi-national companies in the dairy and food segment. Leon previously led the Danone Nutricia NZ team and held executive roles in Winston Nutritionals, Yashili New Zealand, and Anhydro China (which is now part of SPX Flow Technology). He also worked for Tetra Pak China and the New Zealand Dairy Board in his early career. He is on the executive committee of the New Zealand China Trade Association. He is People, Environment & Governance Committee Member.
    Ms Deborah Marris Company Secretary
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    Mr Tim Carter Acting CEO Oct 2024
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    Tim Carter Acting CEO
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    Rob Stowell Chief Commercial Officer
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    Grant Watson Chief Executive Officer
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    Andy Liu Chief Financial Officer
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    Paul Mallard Chief Operating Officer
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    Naiche Nogueira Chief Revenue Officer
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    Deborah Marris Company Secretary
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    Cathy Gamlen Director of People and Culture
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    Charles Fergusson Director On-Farm Excellence Business Sustainability and Corporate Affairs
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    Abby Ye President China and Director of Foodservice
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    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Bright Dairy Holding Limited 85,266,605 39.00%
    The a2 Milk Company Limited 43,352,509 19.80%
    Chester Asset Management Pty Ltd. 9,520,000 4.40%
    Accident Compensation Corporation 6,139,875 2.80%
    John Penno 5,109,803 2.30%
    XSTAR Fund Management 3,980,000 1.80%
    New Zealand Funds Management Ltd. 2,155,587 1.00%
    L S Keeper 1,975,000 0.90%
    Paul & Bronwyn Lancaster 1,055,623 0.50%
    First NZ Capital Custodians Limited (Various Private Investors) 923,178 0.40%
    Therese Roche 900,000 0.40%
    The Vanguard Group, Inc. 878,014 0.40%
    Philip Lennon 800,000 0.40%
    Clarity Funds Management Limited 700,000 0.30%
    Octagon Asset Management Limited 670,226 0.30%
    New Hope Dairy (HongKong) Trading Co Ltd 655,395 0.30%
    Hieu Nguyen 600,000 0.30%
    Horo Holdings Limited 530,000 0.20%
    Rangatira Trust 513,038 0.20%
    Rita Dressler 500,000 0.20%

    Profile

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