The good news just keeps on coming. Synlait obviously knows the growth of demand of their biggest client (A2) continues unabated and the new plant is going to be needed just to keep up. Anyone care to crunch the numbers what 80% of this new IF plant production allocated to A2 adds to the bottom line ?
The kicker is through A2's investment in Synlait it profits from manufacture and the sale of each tin of its product.
The best part of this SP growth is the look I get when our accountant does our taxes for us and our SMSF and hear him mumble FM at how much the portfolios have grown yet again each year . All us long termers expected great things from this company but the rate and size of A2's growth has surpassed everyones expectations. There would be quite a few fund managers as well thanking their lucky stars that A2 is sitting in their portfolios and muttering the same thing as my accountant at its year on year growth. I don't think any other ASX listed share has contributed more to any ones retail or institutional portfolio growth than A2 has.
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