increase font size
OPINION: Synlait's woes continue to drag the company down. The listed milk processor’s share price dropped to an all-time low of 30c last week, valuing the company at around only $65 million, a huge slump from its peak value.
Over the past year alone, the share price has lost 82% of its value, leaving the troubled company with a market capitalisation of only $65m.
There are only two options for Synlait. Either it has to sell assets or it has to raise more share capital.
But no one wants to buy its $400m under-utilised Pokeno plant and not too many shareholders are keen for a capital raise either. Something has to give.
OPINION: Groundswell's opinion of the incumbent farm industry representatives isn't high.
Speculation of a possible joint move by Fonterra and a2 Milk to buy Synlait raises a much bigger strategic question, says agribusiness expert Dr Nic Lees.
OPINION: After hogging the media limelight for telling a NZ Chinese MP to "go back home", Winston Peters has decided to focus on a domestic issue - oil and gas drilling.
Farms across the upper North Island are trialling different pasture mixes as part of a research programme that aims to build greater resilience into farming systems.
Election years are always a concerning time for farmers, according to DairyNZ chair Tracy Brown.
The Ballance Farm Environment Awards are coming to the West Coast of the South Island.
Most dairy regions around the country have had a pretty good season so far says Tracy Brown.
Rural leader Mark Hooper has been appointed as an independent director to the NZPork board, bringing extensive farming, governance and advocacy experience to the role.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
