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 $660.12 million
P/E Ratio 10.33
Dividend Yield N/A
Shares Outstanding 218.58 million
Earnings per share 0.305
Dividend per share N/A
Year To Date Return -37.88%
Earnings Yield 9.68%
Franking N/A
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as at 24 Feb 3:44pm

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Synlait Milk Ltd (ASX: SM1)
Latest News

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
21 Sep 2021 $3.02 $-0.03 -0.98% 60,165 $3.00 $3.07 $2.98
20 Sep 2021 $3.05 $0.05 1.67% 74,146 $3.00 $3.06 $2.97
17 Sep 2021 $3.00 $0.05 1.69% 1,347,815 $2.95 $3.07 $2.92
16 Sep 2021 $2.95 $-0.01 -0.34% 63,551 $3.00 $3.01 $2.95
15 Sep 2021 $2.96 $-0.08 -2.63% 81,744 $3.05 $3.05 $2.96
14 Sep 2021 $3.04 $0.09 3.05% 85,732 $2.93 $3.09 $2.93
13 Sep 2021 $2.95 $-0.05 -1.67% 93,711 $3.04 $3.04 $2.94
10 Sep 2021 $3.00 $-0.08 -2.60% 97,685 $3.05 $3.05 $2.99
09 Sep 2021 $3.08 $0.08 2.67% 87,265 $3.07 $3.09 $3.00
08 Sep 2021 $3.00 $-0.03 -0.99% 104,140 $3.09 $3.10 $3.00
07 Sep 2021 $3.03 $-0.01 -0.33% 96,277 $3.11 $3.12 $3.03
06 Sep 2021 $3.04 $-0.09 -2.88% 136,152 $3.15 $3.17 $3.03
03 Sep 2021 $3.13 $-0.09 -2.80% 50,670 $3.21 $3.21 $3.13
02 Sep 2021 $3.22 $0.12 3.87% 63,718 $3.14 $3.22 $3.12
01 Sep 2021 $3.10 $-0.02 -0.64% 17,930 $3.15 $3.15 $3.10
31 Aug 2021 $3.12 $-0.13 -4.00% 61,283 $3.22 $3.22 $3.08
30 Aug 2021 $3.25 $0.04 1.25% 11,690 $3.26 $3.26 $3.15
27 Aug 2021 $3.21 $-0.04 -1.23% 102,544 $3.14 $3.21 $3.07
26 Aug 2021 $3.25 $-0.16 -4.69% 60,487 $3.21 $3.25 $3.13
25 Aug 2021 $3.41 $0.16 4.92% 24,167 $3.31 $3.41 $3.26
24 Aug 2021 $3.25 $0.05 1.56% 29,527 $3.31 $3.32 $3.25

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
01 Dec 2020 Ruth Richardson Issued 9 $49,995
Issue of securities. Trading in $NZD.
As per announcement on 08/12/2020.
01 Dec 2020 Willem (Bill) Roest Issued 2 $14,000
Issue of securities. Trading in $NZD.
As per announcement on 08/12/2020.
01 Dec 2020 Graeme Milne Issued 9 $49,995
Issue of securities. Trading in $NZD.
As per announcement on 08/12/2020.
01 Dec 2020 Ian Knowles Issued 9 $49,995
Issue of securities. Trading in $NZD.
As per announcement on 08/12/2020.
01 Dec 2020 John Penno Issued 9 $49,995
Issue of securities. Trading in $NZD.
01 Dec 2020 Simon Robertson Buy 3 $16,952
On-market trade. Trading in $NZD.
As per announcement on 08/12/2020.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Hon Ruth Richardson Non-Executive Director Nov 2009
Hon Richardson was the Member of Parliament for Selwyn from 1981 - 1984 and later New Zealand's Minister of Finance from 1990 to 1993. Following her political career, Ruth accepted a range of corporate governance roles. Ruth is currently Chair of The New Zealand Merino Company and the Kula Fund Advisory Committee. Her previous governance roles include Dairy Brands, the Reserve Bank of New Zealand, SYFT Technologies Limited, Kiwinet and Wrightson Limited. He is a member of the People, Environment and Governance Committee.
Mr Graeme Roderick Milne Non-Executive ChairmanNon-Executive Director Mar 2006
Mr Milne has experience in dairy industry and has been working in New Zealand, Australia and Europe. He was appointed CEO of Bay Milk Products in 1992, and has held leadership roles since then, including as CEO of the New Zealand Dairy Group, prior to the formation of Fonterra, and interim CEO of Richmond Limited and Bonlac Limited in Australia. Graeme holds other governance roles with a range of organisations. He is the Chair of Terracare Fertilisers Ltd, PF Olsen Limited and PF Olsen Group Limited and of Advisory Boards for Pro-Form Ltd and Rimanui Farms Ltd. He is also a Director of Nyriad Limited, Alliance Group Ltd and New Zealand Pharmaceuticals Ltd. He is a member of the Risk and People, Environment and Governance Committee.
Mr Ian Samuel Knowles Non-Executive Director Jul 2013
Mr Knowles has held senior executive positions in banks in both Australia and New Zealand and played a role in establishing Kiwibank and leading it from being a start up to a business. Sam has held independent directorships of NZX listed companies since 2007. He is currently Chair of On Brand Limited and Adminis Limited, and on the board of Trustpower, Rangatira, and Magritek Limited, as well as holding a range of other governance roles. He is Chairman of the People, Environment and Governance Committee.
Dr John William Penno Non-Executive DirectorChief Executive Officer Jul 2013
Dr Penno commenced his career in the dairy industry as a consulting officer for the New Zealand Dairy Board before joining Dexcel as a research scientist. As a scientist and research program leader he worked to enable New Zealand dairy farmers to increase productivity and profit. John chairs the Pure Food Co. Limited and is a director of Okuora Holdings Limited, Thorndale Dairies Limited and Leaft Foods Limited. He is also Chair of the Fresh Water Leaders Group reporting to Ministers Parker and O'Connor.
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. Sihang previously worked for Heilongjiang Dairy Group as the Director of technology and subsequently as the director of quality assurance. He was then serving as secretary-general of Heilongjiang Dairy Industry Association and a Director of China Dairy Industry Association.
Mr Qikai (Albert) Lu Non-Executive Director Dec 2015
Mr Lu servred Bright in 2011 and has advised Bright Dairy and Food Co. on business and governance matters. He is the Deputy Director of International Business Development for Bright and is in charge for all overseas project management and communications. He is a member of the Risk Committee.
Min Ben Non-Executive Director Nov 2016
Ms Ben joined Bright Dairy and Food Co. in 2001. She was formerly the assistant to the Bright Dairy and Food Co. CEO and was a regional HR director. Ms Ben is currently the PR director of Bright Dairy. He is a member of the People, Environment and Governance Committee.
Mr Simon David Robertson Non-Executive Director Nov 2020
Mr Robertson has executive and governance experience in strategy, risk, operations, technology and stakeholder management.
Ms Deborah Marris Company Secretary
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Angela Dixon Chief Financial Officer
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Deborah Marris Company Secretary
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Deborah Marris Director Legal Risk and Governance
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Mark Toomey Director Operations
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Boyd Williams Director People Culture and Performance
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Suzan Horst Director Quality Regulatory and Laboratory Services
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Martijn Jager Director Sales and Business Development
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Chris France Director Strategy and Business Transformation
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Hamish Reid Director Sustainability and Brand
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Bright Dairy Holding Limited 69,968,944 39.00%
The a2 Milk Company (NZ) Limited 35,574,646 19.80%
FIL Group Limited1 9,592,598 5.30%
John Penno 5,100,000 2.80%
ECP Asset Management Pty Ltd 3,027,486 1.70%
Pendal Group Limited 2,801,726 1.60%
The Vanguard Group, Inc. 2,638,027 1.50%
Vanguard Investments Australia Ltd. 2,576,764 1.40%
Accident Compensation Corporation 2,468,565 1.40%
Salt Funds Management Limited 2,407,877 1.30%
First NZ Capital Custodians Limited 1,580,271 0.90%
Norges Bank Invesment Management 1,570,360 0.90%
First Sentier Investors Realindex Pty Ltd. 1,202,153 0.70%
BlackRock Institutional Trust Company, N.A. 1,130,798 0.60%
Paul & Bronwyn Lancaster 1,058,123 0.60%
Smartshares Limited 957,743 0.50%
Abu Dhabi Investment Authority 915,436 0.50%
Therese Roche 900,000 0.50%
Guardians of New Zealand Superannuation 807,381 0.50%
ANZ New Zealand Investments Limited 806,403 0.40%

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