Not Out of the Woods Yet
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
Synlait farmers can do nothing but watch from the sidelines as the company battles its financial woes, says supplier Willy Leferink.
OPINION: A $130 million loan from major shareholder Bright Dairy will only keep the lights on at Synlait for so long.
A $130 million loan from its biggest shareholder won't be enough to stabilise the struggling milk processor Synlait, according to Forsyth Barr senior analyst equities, Matt Montgomerie.
Listed milk processor Synlait has announced an opening forecast base milk price of $8/kgMS for the new season.
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.
Not all milk processors in New Zealand are struggling; just look at Westland Milk Products on the West Coast.
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.