FSF - Fonterra

[bull....]

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.

offshore interests are already quietly taking over the dairy industry. look at all the manufacturing setting up here and being acquired. they probably quietly smirking at fonteras problems

[whatsup]

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.

Not forgetting the tax free cap gains when the cockies sell, imo the dairy industry has kind of shot its in the foot what with the higher and higher ( valuation ) that their farm values up at, sometimes the only purchaser in the guy next door who can make the numbers work by averaging the "numbers " over the combined acreage and this is what is scaring the banks atm.
Speaking of the banks, as most of them are Aust owned they do not want a repeat here of what is happening over there.

[NZSilver]

Add houses prices to the same camp as farm land values, kiwi cockies and Cap Gains is no different to townies and housing cap gains. Most of the time both parties need a bank willing to lend the money.... Fonterras underlying business is pretty good, they just need to stop investing in crap

[whatsup]

Add houses prices to the same camp as farm land values, kiwi cockies and Cap Gains is no different to townies and housing cap gains. Most of the time both parties need a bank willing to lend the money.... Fonterras underlying business is pretty good, they just need to stop investing in crap

Housing for ones shelter was always to be exempt C G , farming and businesses not so !!

[dreamcatcher]

Does anyone think A2 and Fonterra are going to announce anything positive in Aug .......SP certainly smashed but there are still buyers here.

[bull....]

Does anyone think A2 and Fonterra are going to announce anything positive in Aug .......SP certainly smashed but there are still buyers here.

no the only thing fonterra will be announcing in the future is all there asset they are selling meanwhile the stock price will keep sinking and competitors will keep setting up

[bull....]

price crashing today probably related to the westland sale

[whatsup]

So after todays Westland sale what is Fonterra worth, SUB $3.50 and falling ATM ! ??

[bull....]

So after todays Westland sale what is Fonterra worth, SUB $3.50 and falling ATM ! ??

ask the chinese

[troyvdh]

The only positive I can see...at least the chinese cannot take the land home...for now.
This probably applies more to Westland however i believe the same applies to many situations.
Gee one day ...we may be at war with china !