Displaying items by tag: Synlait

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.

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.

Troubled Canterbury milk processor, Synlait has delivered more bad news to its shareholders.

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.

Troubled milk processor Synlait’s co-founder John Penno has stepped down from the board.

OPINION: Synlait's financial woes won’t be going away anytime soon.