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 $92.90 million
P/E Ratio 22.08
Dividend Yield 0.00%
Shares Outstanding 218.58 million
Earnings per share -0.407
Dividend per share N/A
Year To Date Return -51.41%
Earnings Yield 4.53%
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as at 24 Feb 3:44pm

  • Synlait Milk Ltd (ASX: SM1)
    Latest News

    Three guys in shirts and ties give the thumbs down.
    Share Fallers

    Why Chalice Mining, Core Lithium, Sayona Mining, and Synlait shares are falling today

    Four ASX shares that are dragging on the market today.

    Read more »

    A businesswoman exhales a deep sigh after receiving bad news, and gets on with it.
    Consumer Staples & Discretionary Shares

    Why are A2 Milk shares underperforming today?

    This infant formula company is in the news on Friday.

    Read more »

    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.
    Consumer Staples & Discretionary Shares

    Why is the A2 Milk share price tumbling today?

    A2 Milk and Synlait Milk are going to arbitration to sort out a major dispute.

    Read more »

    Woman on her laptop thinking to herself.
    Consumer Staples & Discretionary Shares

    A2 Milk share price falls on shock update

    A2 Milk is wanting to give Synlait Milk the boot.

    Read more »

    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.
    Share Fallers

    Why A2 Milk, Azure Minerals, Beach, and Lake Resources shares are dropping

    These ASX shares are having a tough finish to the week.

    Read more »

    A man sees some good news on his phone and gives a little cheer.
    Share Gainers

    Why A2 Milk, Perenti, Sigma Healthcare, and Synlait shares are racing higher

    These ASX shares are having a strong session on Tuesday.

    Read more »

    girl holding out a Chinese flag through a window
    Consumer Staples & Discretionary Shares

    A2 Milk share price rockets on major China news

    A2 Milk will be able to continue selling its product in China.

    Read more »

    sad milk drinker, infant formula share price drop, fall, decrease
    Consumer Staples & Discretionary Shares

    Why is the A2 Milk share price sinking on Wednesday?

    Is this weighing on the former market darling's stock today?

    Read more »

    A man in a business suit holds a mobile phone to his ear while he drinks a large glass of milk.
    Consumer Staples & Discretionary Shares

    The market has soured 20% on the A2 Milk share price. Is it a turnaround buy?

    Could this former ASX darling be a contrarian opportunity?

    Read more »

    Falling ASX share price represented by young male investor sitting sadly in front of a laptop.
    Consumer Staples & Discretionary Shares

    Why did this ASX All Ords stock just crash 23%?

    What is the news that has sent this company's share price into a dive?

    Read more »

    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.
    Share Fallers

    Why A2 Milk, Mesoblast, Mineral Resources, and Synlait shares are sinking

    These ASX shares are likely to wish that the market had stayed closed for another day.

    Read more »

    A man stands with arms crossed in front of a giant shadow of a body builder representing ASX small-cap stocks.
    Small Cap Shares

    2 small-cap ASX shares this fund manager is excited about

    These small caps could produce large returns for investors.

    Read more »

    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 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.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    28 May 2024 $0.43 $-0.01 -2.33% 7,585 $0.44 $0.44 $0.43
    27 May 2024 $0.43 $-0.03 -6.52% 169,425 $0.44 $0.44 $0.43
    24 May 2024 $0.46 $0.03 6.90% 27,224 $0.44 $0.46 $0.44
    23 May 2024 $0.44 $0.00 0.00% 16,954 $0.44 $0.45 $0.44
    22 May 2024 $0.44 $-0.01 -2.27% 14,161 $0.43 $0.44 $0.43
    21 May 2024 $0.44 $0.01 2.30% 32,261 $0.44 $0.44 $0.44
    20 May 2024 $0.44 $0.00 0.00% 51,145 $0.44 $0.44 $0.43
    17 May 2024 $0.44 $0.01 2.33% 8,484 $0.44 $0.44 $0.43
    16 May 2024 $0.43 $-0.01 -2.30% 127,202 $0.44 $0.47 $0.43
    15 May 2024 $0.44 $-0.01 -2.27% 53,056 $0.42 $0.45 $0.42
    14 May 2024 $0.44 $0.01 2.33% 40,559 $0.43 $0.45 $0.43
    13 May 2024 $0.43 $0.00 0.00% 5,611 $0.43 $0.44 $0.42
    10 May 2024 $0.43 $0.00 0.00% 37,310 $0.43 $0.43 $0.42
    09 May 2024 $0.43 $-0.01 -2.27% 48,939 $0.43 $0.44 $0.41
    08 May 2024 $0.44 $0.03 7.32% 57,828 $0.43 $0.44 $0.42
    07 May 2024 $0.41 $0.00 0.00% 41,136 $0.42 $0.42 $0.40
    06 May 2024 $0.41 $0.00 0.00% 297,280 $0.41 $0.43 $0.41
    03 May 2024 $0.41 $-0.02 -4.65% 125,682 $0.42 $0.44 $0.41
    02 May 2024 $0.43 $-0.01 -2.30% 194,162 $0.45 $0.45 $0.43
    01 May 2024 $0.44 $-0.02 -4.40% 411,590 $0.46 $0.47 $0.44
    30 Apr 2024 $0.46 $-0.01 -2.17% 45,285 $0.46 $0.49 $0.46

    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
    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.
    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
    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.
    Ms Yi Zhu(Julia) Non-Executive Director Jun 2023
    --
    Mr Grant Watson Chief Executive Officer Jan 2022
    -
    Ms Deborah Marris Company Secretary
    -
    Grant Watson Chief Executive Officer
    -
    Deborah Marris Company Secretary
    -

    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 (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%

    Profile

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