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.
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as at 24 Feb 3:44pm
Synlait Milk Ltd (ASX: SM1)
Latest News
![smiling child drinking milk from a glass, A2 milk share price rise, increase, up, A2 sales to china](https://www.fool.com.au/wp-content/uploads/2021/07/GettyImages-185007843-1-400x225.jpg)
Consumer Staples & Discretionary Shares
A2 Milk shares lift amid backing for $130 million Synlait loan
![A young woman wearing a blue and white striped t-shirt blows air from her cheeks and looks up and to the side in a sign of disappointment after the ASX shares she owns went down today](https://www.fool.com.au/wp-content/uploads/2022/02/disappointed-16.9-400x225.jpg)
Share Fallers
Why DroneShield, Paladin Energy, Red 5, and Synlait shares are falling
![Three guys in shirts and ties give the thumbs down.](https://www.fool.com.au/wp-content/uploads/2022/01/Thumbs-down-on-three-16_9-400x225.jpg)
Share Fallers
Why Chalice Mining, Core Lithium, Sayona Mining, and Synlait shares are falling today
![A businesswoman exhales a deep sigh after receiving bad news, and gets on with it.](https://www.fool.com.au/wp-content/uploads/2022/02/Take-a-deep-breath-and-get-on-with-it-16_9-400x225.jpg)
Consumer Staples & Discretionary Shares
Why are A2 Milk shares underperforming today?
![A man in his 30s with a clipped beard sits at his laptop on a desk with one finger to the side of his face and his chin resting on his thumb as he looks concerned while staring at his computer screen.](https://www.fool.com.au/wp-content/uploads/2022/10/worrier-400x225.jpg)
Consumer Staples & Discretionary Shares
Why is the A2 Milk share price tumbling today?
![Woman on her laptop thinking to herself.](https://www.fool.com.au/wp-content/uploads/2022/01/woman-looks-on-16_9-400x225.jpg)
Consumer Staples & Discretionary Shares
A2 Milk share price falls on shock update
![A woman with a sad face looks to be receiving bad news on her phone as she holds it in her hands and looks down at it.](https://www.fool.com.au/wp-content/uploads/2022/03/pone-400x225.jpg)
Share Fallers
Why A2 Milk, Azure Minerals, Beach, and Lake Resources shares are dropping
![A man sees some good news on his phone and gives a little cheer.](https://www.fool.com.au/wp-content/uploads/2022/03/Man-excited-on-yellow-background-16_9-400x225.jpg)
Share Gainers
Why A2 Milk, Perenti, Sigma Healthcare, and Synlait shares are racing higher
![girl holding out a Chinese flag through a window](https://www.fool.com.au/wp-content/uploads/2021/05/chinese-flag-16_9-400x225.jpg)
Consumer Staples & Discretionary Shares
A2 Milk share price rockets on major China news
![sad milk drinker, infant formula share price drop, fall, decrease](https://www.fool.com.au/wp-content/uploads/2021/07/GettyImages-1218468826-1-400x225.jpg)
Consumer Staples & Discretionary Shares
Why is the A2 Milk share price sinking on Wednesday?
![A man in a business suit holds a mobile phone to his ear while he drinks a large glass of milk.](https://www.fool.com.au/wp-content/uploads/2021/11/GettyImages-129943072-1-400x225.jpg)
Consumer Staples & Discretionary Shares
The market has soured 20% on the A2 Milk share price. Is it a turnaround buy?
![Falling ASX share price represented by young male investor sitting sadly in front of a laptop.](https://www.fool.com.au/wp-content/uploads/2020/08/Distressed-investor-16.9-400x225.jpg)
Consumer Staples & Discretionary Shares
Why did this ASX All Ords stock just crash 23%?
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.
Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
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YesNo |
About Synlait Milk Ltd
Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and unique operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. The company's success is largely due to its core infant nutrition business. Some of its key products include infant nutritional powders, whole milk powders, skim milk powders, anhydrous milk fat, and lactoferrin. The company is largely export-focused with China as its largest export market. The acquisition of two cheese companies resulted in an instant increase in the cheese segment and a more diversified earnings base.
SM1 Share Price History Data provided by Morningstar.
Date | Close | Change | % Change | Volume | Open | High | Low |
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26 Jul 2024 | $0.27 | $0.00 | 0.00% | 14,199 | $0.27 | $0.28 | $0.27 |
25 Jul 2024 | $0.27 | $-0.01 | -3.64% | 16,680 | $0.28 | $0.28 | $0.27 |
24 Jul 2024 | $0.28 | $0.01 | 3.77% | 27,085 | $0.27 | $0.30 | $0.27 |
23 Jul 2024 | $0.27 | $-0.02 | -7.14% | 13,730 | $0.27 | $0.27 | $0.27 |
22 Jul 2024 | $0.28 | $0.02 | 7.55% | 12,360 | $0.28 | $0.28 | $0.28 |
19 Jul 2024 | $0.27 | $-0.01 | -3.70% | 98,156 | $0.27 | $0.27 | $0.27 |
18 Jul 2024 | $0.27 | $-0.02 | -6.90% | 204,341 | $0.28 | $0.28 | $0.27 |
17 Jul 2024 | $0.29 | $-0.01 | -3.33% | 180,443 | $0.29 | $0.31 | $0.28 |
16 Jul 2024 | $0.30 | $0.01 | 3.45% | 59,091 | $0.29 | $0.31 | $0.29 |
15 Jul 2024 | $0.29 | $-0.01 | -3.33% | 199,113 | $0.30 | $0.30 | $0.28 |
12 Jul 2024 | $0.30 | $-0.04 | -11.76% | 183,195 | $0.34 | $0.34 | $0.30 |
11 Jul 2024 | $0.34 | $0.11 | 47.83% | 821,521 | $0.32 | $0.38 | $0.30 |
10 Jul 2024 | $0.23 | $0.01 | 4.44% | 16,988 | $0.25 | $0.25 | $0.23 |
09 Jul 2024 | $0.23 | $-0.01 | -4.35% | 120,866 | $0.23 | $0.23 | $0.23 |
08 Jul 2024 | $0.23 | $0.00 | 0.00% | 151,487 | $0.24 | $0.25 | $0.23 |
05 Jul 2024 | $0.23 | $-0.02 | -8.16% | 180,007 | $0.24 | $0.24 | $0.23 |
04 Jul 2024 | $0.25 | $0.03 | 13.64% | 221,082 | $0.22 | $0.26 | $0.22 |
03 Jul 2024 | $0.22 | $0.01 | 4.76% | 118,618 | $0.22 | $0.23 | $0.20 |
02 Jul 2024 | $0.21 | $-0.01 | -4.65% | 92,739 | $0.22 | $0.22 | $0.20 |
01 Jul 2024 | $0.22 | $-0.02 | -8.51% | 232,645 | $0.23 | $0.24 | $0.21 |
28 Jun 2024 | $0.24 | $0.03 | 14.63% | 214,984 | $0.21 | $0.24 | $0.20 |
27 Jun 2024 | $0.21 | $-0.02 | -8.89% | 761,871 | $0.22 | $0.23 | $0.20 |
26 Jun 2024 | $0.23 | $-0.04 | -15.09% | 508,751 | $0.26 | $0.27 | $0.23 |
Directors & Management 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.
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Mr Sihang Yang | Non-Executive Director | Nov 2010 |
Sihang 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.
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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 NZX-listed Bremworth Limited, Director of NZX-listed Arborgen, and Chair of the Business Leaders Health & Safety Forum. |
Mr Tao Zhang | Non-Executive Director | Feb 2024 |
Mr Zhang is a has held various 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
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Mr Paul McGilvary | Non-Executive Director | Jan 2022 |
Paul joined the Synlait Board in January 2022. He has extensive dairy sector experience and is currently Deputy Chair of AsureQualit.
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Ms Yi Zhu(Julia) | Non-Executive Director | Jun 2023 |
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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 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. |
Mr Grant Watson | Chief Executive Officer | Jan 2022 |
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Ms Deborah Marris | Company Secretary |
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Grant Watson | Chief Executive Officer |
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Deborah Marris | Company Secretary |
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Top Shareholders Data provided by Morningstar.
Name | Shares | Capital |
---|---|---|
Bright Dairy Holding Limited | 85,266,605 | 39.00% |
The a2 Milk Company (NZ) Limited | 43,352,509 | 19.80% |
Accident Compensation Corporation | 7,881,712 | 3.60% |
New Zealand Funds Management Ltd. | 6,381,425 | 2.90% |
Chester Asset Management Pty Ltd. | 5,380,000 | 2.50% |
John Penno | 5,109,803 | 2.30% |
The Vanguard Group, Inc. | 3,347,122 | 1.50% |
L S Keeper | 1,975,000 | 0.90% |
MMC Limited | 1,852,459 | 0.80% |
Smartshares Limited | 1,621,026 | 0.70% |
State Street Global Advisors Australia Ltd. | 1,589,389 | 0.70% |
Norges Bank Investment Management (NBIM) | 1,491,175 | 0.70% |
Devon Funds Management Limited | 1,386,719 | 0.60% |
First NZ Capital Custodians Limited (Various Private Investors) | 1,364,270 | 0.60% |
Guardians of New Zealand Superannuation | 1,183,682 | 0.50% |
Paul & Bronwyn Lancaster | 1,055,623 | 0.50% |
BNP Paribas Nominees (NZ) Limited – A/C NZCSD | 931,317 | 0.40% |
Dimensional Fund Advisors, L.P. | 921,571 | 0.40% |
Castle Point Funds Management Limited | 901,414 | 0.40% |
Therese Roche | 900,000 | 0.40% |