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

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

Synlait Milk Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $147.54 million
P/E Ratio 22.08
Dividend Yield 0.00%
Shares Outstanding 218.58 million
Earnings per share 0.070
Dividend per share N/A
Year To Date Return -23.73%
Earnings Yield 4.53%
Franking -
Share Price

Day Change

52 Week Range

-

Yesterday's Close

Today's Open

Days Range

-

Volume

Avg. Volume (1 month)

Turnover

as at 24 Feb 3:44pm

  • Synlait Milk Ltd (ASX: SM1)
    Latest News

    a woman
    Share Market News

    Top broker makes FY19 picks

    These shares are top picks for FY19 by Bell Potter.

    Read more »

    a woman
    ⏸️ Investing

    a2 Milk Company Ltd (ASX:A2M) extends supply agreement

    a2 Milk Company Ltd (ASX:A2M) has extended its supply agreement.

    Read more »

    a woman
    ⏸️ Investing

    Leading brokers name 3 ASX shares to sell

    The TPG Telecom Ltd (ASX:TPM) share price is one of three tipped to sink lower by leading brokers…

    Read more »

    a woman
    ⏸️ Investing

    Why baby formula player Synlait Milk Ltd's share price has risen 173% in a year

    Synlait Milk Ltd (ASX:SM1) shares were down at the time of writing after hitting a 52-week high to cap off…

    Read more »

    a woman
    ⏸️ Investing

    Up 172%: Synlait Milk Ltd is growing into a baby formula star

    Players in the baby formula space have been going gangbusters including Synlait Milk Ltd (ASX:SM1).

    Read more »

    a woman
    ⏸️ Investing

    Why these 4 ASX shares have stormed higher

    The Afterpay Touch Group Ltd (ASX:APT) share price is one of four storming higher on Thursday. Here’s why…

    Read more »

    a woman
    ⏸️ Investing

    Baby formula company's dominate S&P/ASX200 gains today

    A2 Milk Company Ltd (ASX: A2M) and Bellamy’s Australia Ltd (ASX: BAL) soar

    Read more »

    a woman
    ⏸️ Investing

    Is Synlait Milk Ltd the next ASX share to go gangbusters from the Chinese infant formula market?

    Synlait Milk Ltd (ASX: SM1) one to watch for investors seeking the next Bellamy’s Australia Ltd (ASX: BAL)

    Read more »

    a woman
    ⏸️ Investing

    Top brokers name 3 ASX shares to sell

    Bank of Queensland Limited (ASX:BOQ) shares are one of three tipped as a sell by top brokers this week. Here's…

    Read more »

    a woman
    ⏸️ Investing

    Why these 4 ASX shares jumped higher today

    The Synlait Milk Ltd (ASX:SM1) share price is one of four jumping higher during trade on Wednesday. Here’s why…

    Read more »

    a woman
    ⏸️ Investing

    Synlait Milk Ltd shares rocket 20% higher on bumper profit growth

    The Synlait Milk Ltd (ASX:SM1) share price has rocketed 20% higher today thanks to a bumper profit result. Is it…

    Read more »

    a woman
    ⏸️ Investing

    Bell Potter names its 12 top stock picks for 2018

    Will any of these companies be share market bolters in 2018?

    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
    26 Mar 2024 $0.68 $-0.01 -1.46% 9,945 $0.68 $0.69 $0.68
    25 Mar 2024 $0.69 $0.01 1.48% 21,107 $0.68 $0.69 $0.66
    22 Mar 2024 $0.68 $0.01 1.49% 26,132 $0.67 $0.68 $0.66
    21 Mar 2024 $0.67 $0.00 0.00% 52,643 $0.68 $0.68 $0.67
    20 Mar 2024 $0.67 $-0.01 -1.47% 18,001 $0.66 $0.68 $0.66
    19 Mar 2024 $0.68 $0.02 3.03% 158,491 $0.67 $0.68 $0.65
    18 Mar 2024 $0.66 $0.02 3.10% 51,254 $0.65 $0.69 $0.65
    15 Mar 2024 $0.65 $-0.07 -9.79% 262,557 $0.70 $0.70 $0.63
    14 Mar 2024 $0.72 $0.01 1.41% 18,660 $0.68 $0.72 $0.67
    13 Mar 2024 $0.71 $0.02 2.88% 24,479 $0.68 $0.72 $0.68
    12 Mar 2024 $0.70 $0.01 1.46% 39,719 $0.68 $0.70 $0.67
    11 Mar 2024 $0.69 $-0.02 -2.82% 112,586 $0.70 $0.70 $0.67
    08 Mar 2024 $0.71 $0.01 1.43% 15,642 $0.69 $0.72 $0.69
    07 Mar 2024 $0.70 $0.01 1.45% 68,131 $0.69 $0.73 $0.69
    06 Mar 2024 $0.69 $-0.02 -2.82% 45,299 $0.71 $0.71 $0.69
    05 Mar 2024 $0.71 $0.00 0.00% 14,297 $0.72 $0.72 $0.70
    04 Mar 2024 $0.71 $0.01 1.43% 7,155 $0.70 $0.71 $0.70
    01 Mar 2024 $0.70 $-0.01 -1.41% 15,297 $0.71 $0.71 $0.70
    29 Feb 2024 $0.71 $0.02 2.90% 24,247 $0.69 $0.71 $0.69
    28 Feb 2024 $0.69 $0.04 6.15% 47,050 $0.66 $0.71 $0.66
    27 Feb 2024 $0.65 $-0.01 -1.52% 29,115 $0.66 $0.66 $0.64

    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.
    Dr John William Penno Non-Executive Director Aug 2020
    ohn co-founded the Synlait Group in 2000 and was a full-time executive for the Synlait Group from 2006 to 2018. As CEO of Synlait, John was responsible for setting the strategic direction of the company and supporting management to perform against the strategy. In November 2018 John was appointed as a Board Appointed Director of Synlait. As Managing Director, he contributed to the governance of Synlait. In May 2021 he was appointed Acting CEO and held that position until January 2022 when stepped into the role of Chair. Dr Penno stepped down as Chair in December 2022.
    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 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 DirectorActing Chair 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

    since

    Note