ASX:SM1

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ASX:SM1

Doing Milk Differently

06 Dec 2021 - Market analyst Regina Meani discusses Synlait Milk (ASX:SM1).

Wall St mixed, Tech shares fall, Oil panic buying in U.K., Brambles rated as buy: ASX to fall

28 Sep 2021 - Mixed market across the globe as investors pivoted to cyclicals and value stocks, leaving tech and growth players behind. Energy stocks continued to power up as oil p…

Synlait Milk (ASX:SM1) forecasts robust profitability this year

27 Sep 2021 - NZ milk powder maker Synlait Milk (ASX:SM1) faced its most challenging year yet after profits fell more than 100% amid the Covid-19 pandemic. Net profit after tax rea…

Wall St loses momentum, gold climbs near 4-month high: ASX to fall

26 May 2021 - The ASX is set to fall following Wall St closing in the red as all three indexes reversed their gains. Morgan Stanley rates Synlait Milk (ASX:SM1) as a hold with a pr…

Synlait (ASX:SM1) sees 3rd executive-level departure in 2 months

14 May 2021 - Under-pressure dairy processing company Synlait Milk (ASX:SM1) has farewelled the third top staffer in two months. The company’s chief financial officer Angela Dixon …

Synlait Milk (ASX:SM1) CEO resigns

12 Apri 2021 - Chief executive officer of Synlait Milk (ASX:SM1) Leon Clement resigns after 2.5 years in role.

Record trade surplus of $10.14 billion in January: ASX closes 0.8% lower

04 March 2021 - It's been a mixed day on the Australian share market. The market opened lower following weak leads from the US and managed a small recovery before closing 0.8% lowe…

Tech stocks hammered, Atlassian drops over 6%: ASX poised to open lower

04 Mar 2021 - The ASX looks set to open lower as tech stocks in the US dropped as bond yields rose. The US listed shares of Atlassian fell almost 7 per cent. Shares in electric veh…

Travel restrictions imposed on NSW after more Covid cases: ASX to open lower

21 Dec 2020 - The ASX looks set to open lower this morning as the new coronavirus outbreak has led to border restrictions with all states and territories closing their borders to N…

AUD advances against the USD: ASX poised to open higher

30 Nov 2020 - The ASX looks set to open higher this morning as shares on Wall Street ended their week up. The Aussie dollar advanced and now sits just under 0.74 US dollars. Dr. An…

Rally continues with all sectors in the black: ASX tracking 1.3% higher at noon

11 Nov 2020 - The ASX has continued its rally throughout the morning and is now tracking 1.3% higher at noon. Shares in Virgin Money UK (ASX:VUK) and accounting software company Xe…

Biden inches closer to victory: Aus shares to open higher

06 Nov 2020 - Australian futures are indicating a rise at the open following strong results in US markets. Democratic candidate, Joe Biden continues to edge closer to victory in th…

A narrow victory for Biden looks likely: ASX is tracking 1% higher at noon

05 Nov 2020 - The ASX rose at the open and is now tracking 1% higher at noon. Shares in Ingham’s (ASX:ING) increased today after they reported poultry demand has strengthened. Bide…

Global coronavirus cases surge rattling markets: ASX poised to open lower

27 Oct 2020 - The ASX looks set to fall this morning as global coronavirus cases surge. Oil producers are set to stop offshore production in the US Gulf of Mexico as the 27th named…

China's recovery slower than expected: Aus shares close 0.9% higher

19 Oct 2020 - The Australian share market opened flat, rose in early trade and tracked sideways for most of the day to end 0.9 per cent higher. All of the sectors, except REITs mad…

Synlait (ASX:SM1) net profit down 9%

28 Sep 2020 - Synlait Milk (ASX:SM1) says its annual net profit is down 9 per cent to $75.2m, as it warned of significant global uncertainty ahead.

Wall Street grows optimistic on an economy restart: ASX poised to open higher

28 May 2020 - Following a lift from US markets overnight, the ASX looks set to open higher this morning. On Wall Street, optimism grew as more and more companies start to reopen. T…

Market enters April on a high: ASX closes 3.6% higher

01 Apr 2020 - The ASX has closed at a two week high closing 3.6% higher. Shares in Mayne Pharma (ASX:MYX) soared and SkyCity Entertainment (ASX:AKC) shares rose as did AP Eagers (A…

Tech shares up, boosted by remote workers: ASX poised to open higher

20 Mar 2020 - The ASX looks set to open higher this morning as tech stocks rallied. Alphabet, Microsoft, and Facebook all slumped on Wednesday but with many in lockdown across the …

All the sectors in the red: ASX closes 3.6% lower

11 Mar 2020 - The ASX fell after early morning trade and continued a downward spiral to close 3.6% lower. Shipping company Austal (ASX:ASB) did well today as did the Steadfast Grou…

Synlait Milk (ASX:SM1) to acquire neighbouring Dunsandel farmland

11 Mar 2020 - Synlait Milk (ASX:SM1) is to acquire farmland adjacent to its Dunsandel facility in New Zealand for $25.7 million.

Synlait (ASX:SM1) appoints a new CFO

10 Mar 2020 - New Zealand based dairy infant formula company Synlait (ASX:SM1) has appointed Angela Dixon as Chief Financial Officer.

Monadelphous Group (ASX:MND) top performer after results release: ASX shares tracking 0.2% lower

18 Feb 2020 - The ASX dropped at the open and is now tracking 0.2% lower at noon. Shares in Seven West Group also rose. Shares in the Monadelphous Group (ASX:MND) rose today after …

Synlait Milk (ASX:SM1) will not achieve rate of growth expected

13 Feb 2020 - Synlait Milk (ASX:SM1) expects its full year 2020 earnings guidance to be between $70 million and $85 million net profit after tax (NPAT).