Silver Ferm Farms

[Armillary Private Capital]

SFF calling directors of the future.

[Armillary Private Capital]

News release on China office being opened.

[Armillary Private Capital]

Clarity needed on shareholder resolution.

[Armillary Private Capital]

Silver Fern Farms sells stake in rendering joint venture.

[Sideshow Bob]

SFF is in a trading halt since last week pending capital raising developments.

[GTM 3442]

So who will it be?

The Chinese? The Brazilians? Or some dark horse from out of left field?

Any ideas? Any suggestions? Any preferences?

[Plutus]

So who will it be?

The Chinese? The Brazilians? Or some dark horse from out of left field?

Any ideas? Any suggestions? Any preferences?

Going with the Chinese could be a Bright idea. A shame for farmers to lose control of an asset but they are their own worst enemy. Sucked in by egotistical management who wouldn't consolidate the co-ops.

[Sideshow Bob]

Investment is one thing, but control is another. If they give away control, think farmers will vote with their feet.

[GTM 3442]

Investment is one thing, but control is another. If they give away control, think farmers will vote with their feet.

I rather suspect that the farmers will vote with their wallets.

[1leon]

Anyone thinking Chinese investment is a home run for Chinese access should look carefully at the sequence of Bright Investment in Synlait Milk and its insistence on control even when dropping under 50% shareholding. And the aggressive takeout of shareholders in Synlait Farms provides equally little ground for optimism for long term future of a farmer partnership with a large corporate shareholder.

Investment is one thing, but control is another. If they give away control, think farmers will vote with their feet.