-
Originally Posted by kiora
SFF not my kind of investment BUT
Lush green fattening feed throughout the NI at the moment.
They may just have to bump the scheduals up if they want the stock
Demand is driven by SFF's customers.
At present that demand is being supplied by Australian and Brazilian suppliers flooding the markets with cheaper product.
Please read my post #840.
-
Originally Posted by percy
Demand is driven by SFF's customers.
At present that demand is being supplied by Australian and Brazilian suppliers flooding the markets with cheaper product.
Please read my post #840.
Hopefully matching capacity with supply.
Typically their main margin period is through summer when there is peak demand for processing, maximum efficiencies, lesser competition for stock and schedule prices can be paired back.
And the old thing.......you can only kill'em once!!
Last edited by Sideshow Bob; 13-12-2023 at 10:43 AM.
-
Dan Boulton confirmed as the new CEO.
-
Good to see a long serving internal appointment.
-
Last edited by DarkHorse; 22-12-2023 at 06:06 PM.
-
https://www.abc.net.au/news/rural/20...tart/103300910
Bit of a sharp rebound on prices in Oz, where alot of lamb is consumed within Australia. Supermarkets been caught out on their margins......(never happens here!!)
In the meantime, Aussie processing numbers are down with a bit of rain, but might make it challenging for exporters to compete with the domestic market. So from a kiwi perspective, might potentially be a little less Aussie lamb in export markets, as NZ production starts to head towards peak seasonal volumes.
-
End of an era with Rob standing down, but presumably carries on as co-chair of SFF Ltd. Interesting Anna Nelson only been on the SFF Coop board since May last year!
Media Release: Silver Fern Farms Co-operative – Board Nominations Open & Changes to Governance
ŚClose
Summary
Nominations are now open for two Farmer-Elected positions on the Silver Fern Farms Co-operative Board. Current Farmer-Elected Directors Rob Hewett and Gabrielle Thompson will retire by rotation at Co-operative’s Annual Meeting on 8 May;
The Co-operative Board has unanimously voted Farmer-Elected Director Anna Nelson to become the new Chair following the Annual Meeting;
The Board has also unanimously voted current Chair Rob Hewett to stay on as an Appointed Director for up to 12 months to support continuity of governance. Retiring Director Gabrielle Thompson has advised she will be standing for re-election as a Farmer-Elected Director;
Nominations for the two Farmer-Elected positions will be open until 20 February at 12 noon. Voting will commence from 4 April and will remain open until 3PM on 1 May. Results of the election will be announced at the Annual Meeting.
Media Release
Silver Fern Farms Co-operative has today announced that nominations are open for two vacancies on the Board and has also confirmed that Anna Nelson will become the new Chair following the Co-operative’s Annual Meeting on 8 May.
Current Farmer-Elected Directors Rob Hewett and Gabrielle Thompson will retire by rotation at the Annual Meeting.
With Rob Hewett’s term as a Farmer-Elected Director coming to an end, the Co-operative Board has unanimously voted to appoint current Director Anna Nelson to be the new Chair, with Rob Hewett unanimously voted to stay on as an Appointed Director for a term of up to 12 months.
Retiring Director Gabrielle Thompson has advised she will be standing for re-election as a Farmer Elected Director.
Current Silver Fern Farms Co-operative Chair Rob Hewett says the changes are designed to create continuity as there is both a change of leadership at a governance level and the Operating Company will have a new Chief Executive.
“With the end of my term on the Board in May coinciding with Silver Fern Farms Ltd recently appointing Dan Boulton as new Chief Executive, the Board has determined that I stay on as an Appointed Director for a short period to help through the transition,” says Mr Hewett.
“While the new Chair and Chief Executive will each bring fresh perspectives and focus, ultimately, the Board is united behind Silver Fern Farm’s strategy and direction of travel and it’s important we keep momentum until the new changes are embedded.
“From our experience working with her around the Board table, the Board and I have a great deal of confidence that Anna will be an exceptional Chair. Despite the prevailing market conditions we’re experiencing, we’re going into the next period in good health and with a clear focus,” he says.
Incoming Chair Anna Nelson says she is looking forward to leading a unified Board and working closely with shareholders and suppliers through the current challenges in market.
“As a farmer as well a Director, I’m acutely aware of how market conditions are being felt right across our supply chain. This gives our Board a clear focus and resolve to continue creating value for the farmers the world needs," she says.
Notes for Editors:
Directors of Silver Fern Farms Co-operative are responsible for setting the Co-operative’s governance and strategic direction. Silver Fern Farms Co-operative owns 50% of Silver Fern Farms Limited (the Operating Company), in partnership with Shanghai Maling.
Nominations are open to candidates who are a current shareholder of the Co-operative and have supplied a minimum of 400 stock units to Silver Fern Farms for each of the last two years. Nomination forms must also be signed by two shareholders who meet the same criteria.
Nominations will be open until 12 noon on 20 February, 2024. Voting papers will be distributed on 4 April with voting open until 3PM on 1 May, 2024. Results will be announced at the Annual Meeting.
Those Directors of the Co-operative who have also been appointed to the Board of the Operating Company will be confirmed following the Annual Meeting.
-
Somebody wanted out......about 25k through Friday/this morning at $1.06.
The joys of illiquid shares.....solid drop from $1.20.
-
Originally Posted by Sideshow Bob
Somebody wanted out......about 25k through Friday/this morning at $1.06.
The joys of illiquid shares.....solid drop from $1.20.
A new deck maybe :-)
-
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks