SYNLAIT MILK LIMITED (SM1)
AI Coverage Rating: Moderate
ASX AI Signals has generated 2 signal(s) for SM1 during the last 90 days,
indicating Moderate trading activity
Latest SM1 Signals |
| 28/05/2026 | SELL |
| 21/05/2026 | SELL |
SM1 Share Price |
| Current Price | $0.315 |
| 52 Week High | $0.750 |
| 52 Week Low: | $0.290 |
| Trading at (% of 52 Week High) | 42.00% |
Volume
6649
20 Day Avg
65605
Relative Volume
10.1%
Business Overview
Synlait Milk Limited (ASX: SM1) is a New Zealand-based dairy nutrition company. It processes and sells a range of dairy products, including infant formula, milk powders, and nutritional ingredients. The company serves both domestic and international markets.
ASX Sector Overview
Sector: Food, Beverage & Tobacco
The Food, Beverage & Tobacco sector on the ASX includes companies involved in the production, processing, and distribution of food products, alcoholic and non-alcoholic beverages, and tobacco goods. This sector covers a wide range of products from packaged foods and fresh produce to soft drinks, beer, wine, and cigarettes. Firms operate across various stages of the supply chain, including farming, manufacturing, marketing, and retail. The sector is influenced by consumer preferences, health trends, regulatory changes, and global trade conditions. It plays a key role in Australia's economy by providing essential goods for domestic consumption and export.
Latest AI Recommendation
The SELL recommendation for SYNLAIT MILK LIMITED (SM1) is supported by bearish technical signals and weakening fundamentals, indicating a likely downtrend. However, some sector-specific factors and market volatility introduce moderate uncertainty.
Latest SYNLAIT MILK LIMITED(SM1) News
22 Jan 2024, 07:00 AM
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. If you see this, it typically means it's a company w
22 Dec 2023, 07:56 AM
(Reuters) - New Zealand's Synlait said on Friday an arbitrator has been appointed for the arbitration process with its second-largest stakeholder A2 Milk Co and both the companies are working on an agreement following cancellation of their exclusivity arrangements.
Both the companies agreed the arb
18 Dec 2023, 12:58 PM
Synlait Milk Limited (NZSE:SML) shares have had a horrible month, losing 30% after a relatively good period beforehand. The recent drop completes a disastrous twelve months for shareholders, who are sitting on a 74% loss during that time.
Although its price has dipped substantially, there still wou
05 Dec 2023, 01:30 PM
Long term investing works well, but it doesn't always work for each individual stock. We don't wish catastrophic capital loss on anyone. For example, we sympathize with anyone who was caught holding Synlait Milk Limited (NZSE:SML) during the five years that saw its share price drop a whopping 87%. W
24 Oct 2023, 09:52 AM
Synlait Milk said Simon Robertson has resigned as chair of the board after three years in the role. The New Zealand-based dairy supplier on Monday said independent director Paul McGilvary will act as interim chair while it looks for a permanent replacement. The news come one month after A2 Milk said
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