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OPINION: If you are an investor in listed Canterbury milk processor, Synlait then you may have a reason to be worried.
Synlait’s share price continues to fall and last week was trading around 81c. Compare this to two years ago when it was trading at $3.45/share.
One year ago, it was hovering around $3.56/share.
A run of poor financial results and a dispute with cornerstone shareholder and key customer a2 Milk Company have seen its market capitalisation drop 75% to around $177m.
Farmers who supply milk to Synlait will be watching nervously.
OPINION: Not everyone will agree with former 'Minister of Everything' Stephen Joyce on his summation of Fonterra when writing recently about NZ's tendency to legislate for monopolies: "We allowed Fonterra to be created, with its near-monopoly over milk collectin, and have since been on a long journey of dissatisfaction with its performance up until quite recent times."
OPINION: A plug is overdue for Meat the Need, who is currently fundraising to help supply more meals to families in need.
Troubled milk processor Synlait's share price is taking a hammering as nervous investors offload their stakes.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.
Humbling, overwhelming, and an absolute honour. That’s how 2024 Fonterra Dairy Woman of the Year Katrina Roberts describes her win at the Dairy Women’s Network conference earlier this month.
Hamilton-based Dairy Goat Co-operative (DGC) is revamping its leadership in the hope of recovering from its financial doldrums.
With just over two weeks left in the 2023-24 season, all eyes will be on Fonterra's opening milk price for the new season.
Fonterra Brands' Cathy Lang has been crowned the country's best cheesemaker for the second time in three years.
James and Debbie Stewart of Dairylands in the Manawatū are no strangers to taking home the silverware.
Troubled milk processor Synlait's share price is taking a hammering as nervous investors offload their stakes.
