ASX:SM1

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ASX:SM1

A2 Milk shares plunge on weak outlook

19 Aug 2024 - A day after seeing its shares rise nicely on the peace pact with Synlait (ASX:SM1), its once key supplier, A2 Milk (ASX:A2M) saw its shares sold off heavily on Monday…

a2 Milk and Synlait end bitter feud

16 Aug 2024 - Kiwi dairy groups, a2 Milk (ASX:A2M) and Synlait (ASX:SM1), have kissed and made up after their recent split that nearly pushed Synlait to the wall.

Synlait Milk faces ongoing challenges despite NZ$130 million loan

17 Jul 2024 - The troubled Kiwi dairy group Synlait Milk (ASX:SM1) may have received a loan from its major Chinese shareholder to pay off its bank debt on Monday to the tune of NZ$…

Synlait Milk shares surge 52% after key refinancing approval

11 Jul 2024 - Synlait Milk (ASX:SM1) shares jumped 52% yesterday after shareholders approved the first step of a complicated refinancing of the struggling company’s debt and financ…

High-stakes dairy drama

08 Jul 2024 - A high-stakes game of dairy "Russian Roulette" is unfolding across the Tasman between struggling Synlait and its once-close buddy and customer (and shareholder), a2 M…

Synlait's financial challenges and road to recovery

03 Jun 2024 - Another struggling Kiwi-listed company is Synlait (ASX:SM1); its market position has deteriorated with weaker sales, high costs, and a major falling out with its majo…

Synlait Milk's profit projections plummet

12 Feb 2024 - The froth continues to vanish for former boom stock, NZ-based Synlait Milk (ASX:SM1), judging by a surprise slashing of guidance issued Monday morning. In doing so, i…

Synlait reports worse-than-expected annual loss amidst A2 Milk dispute

25 Sep 2023 - Kiwi dairy group Synlait (ASX:SM1), currently embroiled in a contentious disagreement with shareholder and customer A2 Milk, has surprised observers by reporting a mo…

Synlait shares soar on a2's China approval news

07 Jun 2023 - Synlait Milk (ASX:SM1), a2 Milk Company’s (ASX:A2M) Kiwi manufacturing partner, has had some good news – Chinese regulators have approved a2’s China label baby formul…

Synlait hits record low as outlook spoils

27 Apr 2023 - A bad day Wednesday for Kiwi dairy groups Synlait Milk (ASX:SM1) and A2 Milk (ASX:A2M) as both came under pressure from nervy investors.

Synlait milking turnaround for all it can

28 Sep 2022 - The recovery in the fortunes of dairy companies on both sides of the Tasman continues with news from NZ-based Synlait Milk (ASX:SM1) of a strong earnings result for t…

Resources stocks weigh, BNPL stocks catch a bid on tech surge: ASX down 0.2% at noon

06 Jul 2022 - The Australian sharemarket has been choppy this morning in a zig-zag fashion. Information technology shares are leading the gains while resources stocks are lagging, …

Synlait Milk (ASX:SM1) lifts milk price forecast

06 Jul 2022 - Synlait Milk (ASX:SM1) has increased its milk price forecast for the 2022/2023 season to $9.50 per kilogram of milk solids (kgMS) from $9.00/kgMS.

S&P 500 on cusp of bear market, Credit Suisse's view on A2 Milk, APA Group on watch: ASX to dip

20 May 2022 - Wall St closed lower as global indexes posted declines on mounting recession concerns. Shares in China bucked the trend as hopes continue to grow on the easing of loc…

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…