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Originally Posted by whatsup
I think it will be many a year before the listed Fonterra units have a meaningful future, for that to happen the co-op model has to be revamped and only 80% of the milk solid returns to be paid to the suppliers, but that wont happen !!!
if they ever recover , milk consumption is on decline due to various factors
one step ahead of the herd
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Originally Posted by bull....
https://www.nzherald.co.nz/business/...ectid=12218552
yrs ago people were in up roar about farm land being brought up by foreigners , we dont want to be peasants on our land they said. now foreigners have become more crafty ( smarter than us lol ) they instead buy up businesses so badly run and debt ridden (seems this is a big problem in nz) they have no choice but to sell. guess what people you still end up being peasants on your land one day as business owners will dictate the price you receive.
https://www.nzherald.co.nz/business/...ectid=12218559
i see a smart strategy at play from competitors ( probably fantasy lol ) strategy says competition is big company reliant on 1 big customer , take out the smaller operators and set up new businesses , set up your supply chains. 1 day restrict supply of your big competition while your champions continue to supply, capture market share from big competition unable to sell all goods because you can. eventually you will control the market.
or alternative just watch them self destruct lol and take supply
i see china on the weekend have declared a new policy that any company in the world that threatens there local firms may be blacklisted as a security threat.
one step ahead of the herd
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According to Liu’s translation, the government will “encourage Chinese companies to buy foreign producers and/or set up production facilities overseas, so as to reduce cost of raw ingredients”.
https://www.afr.com/chanticleer/chin...0190604-p51u8q
one step ahead of the herd
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Given the significant increase in competition within the New Zealand dairy industry, we're disappointed the Government did not recommend removing the requirement for us to supply our farmers' milk to large, export-focused businesses altogether," Monaghan said.
https://www.stuff.co.nz/business/far...lk-to-fonterra
yep govt wants to help foreigners take over the dairy industry
one step ahead of the herd
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Originally Posted by bull....
Given the significant increase in competition within the New Zealand dairy industry, we're disappointed the Government did not recommend removing the requirement for us to supply our farmers' milk to large, export-focused businesses altogether," Monaghan said.
https://www.stuff.co.nz/business/far...lk-to-fonterra
yep govt wants to help foreigners take over the dairy industry
This is not good at all. Interesting times ahead. Imagine China owning a substantial portion of our dairy processing.....and NZ aligned with USA "politically". Can't get my head around that. Doesn't feel like it will be a good outcome for NZ tho.
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Economist warns Fonterra could end up in foreign hands
The dairy giant's problems are deep seated, and the farmers who own it are partly to blame because they demand too high a price for their milk and starve Fonterra of the capital it needs
https://www.stuff.co.nz/business/113...-foreign-hands
one step ahead of the herd
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They have had plenty of capital and finance, they just keep putting it into horrendous "investments" and eroding it very quickly. (Beingmate, China farms...) Then they find themselves strangled by debt they used to buy the ****ty assests and undertaking a fire sale of the good ones (Tiptop and more)
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If only they had invested in nz in the likes of A2 milk or synlait, we would all be praising fonterra. But you know offshore investments are so much more exciting and Theo and his smarts new best
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Junior Member
Farmers are farming capitol gain, requiring Fonterra to provide a high payout to finance the high land values.Fonterra good at removing water from milk, supplying powder which the world has ample.
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01-07-2019, 01:00 PM
#100
Originally Posted by bull....
Economist warns Fonterra could end up in foreign handsThe dairy giant's problems are deep seated, and the farmers who own it are partly to blame because they demand too high a price for their milk and starve Fonterra of the capital it needs
https://www.stuff.co.nz/business/113...-foreign-hands
Government bailout like Air New Zealand ? Jeeze….are we this useless ?
Really disappointing if he is right. Having our major industries in off-shore hands is really not tenable.
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