Silver Ferm Farms

[Silverlight]

Any comments on their new Ordinary Share structure, and does anyone own any.

A quick look suggests a market cap of 75m, with Net assets in excess of 200m

This is priced similar to Affco, which trades at a discount.

[Armillary Private Capital]

Silver Fern Farms to repay bonds early


http://www.unlisted.co.nz/uPublic/un...cement_id=1772

[Armillary Private Capital]

Silver Fern Farms has reported a net operating loss before tax for the 12 months ended 30
September 2010 of $800,000 (2009 profit $5.4m) from total revenue of $1,810m (2009

$2,014m).

http://www.unlisted.co.nz/uPublic/un...cement_id=1799

[Armillary Private Capital]

Acquisition of Shares
Silver Fern Farms advises that it has purchased 39,843 of its ordinary rebate shares and 480 of its ordinary supplier investment shares from shareholders electing to surrender those shares in accordance with the Co-operative Companies Act 1996 and/or Silver Fern Farms’ Constitution.

http://www.unlisted.co.nz/uPublic/un...cement_id=1801

[Armillary Private Capital]

Declaration of a Taxable Bonus Issue
The directors declared a taxable bonus issue of 1 new ordinary share for every 5 new ordinary shares held at the record date of Tuesday 7 December 2010. The bonus issue will apply to all fully paid and partly paid “Ordinary Shares” (as defined in the Company’s constitution) and the bonus share issue price will be $1.00 per share.

The bonus shares will be issued fully paid from the Company’s retained earnings on 8 December 2010. Bonus shares will not be eligible to be voted in this year’s director election or at the Company’s annual meeting to be held on 27 January 2011, but will carry such voting rights thereafter.

The bonus issue will be fully credited with imputation credits, at the rate of 30%, and will also have resident withholding tax credits attached which will be paid by the Company.

http://www.unlisted.co.nz/uPublic/un...cement_id=1802

[Armillary Private Capital]

Silver Fern Farms 2010 Annual Report
Annual Report for the Year ended 30 September 2010

http://www.unlisted.co.nz/uPublic/un...cement_id=1814

[Armillary Private Capital]

Directors election result a vote of confidence in Silver Fern Farms’ leadership

See link for a news release pertaining to the outcome of the Silver Fern Farms’ recent Directors election, announced today at the 63rd Annual Meeting of Shareholders in Waipukurau.

http://www.unlisted.co.nz/uPublic/un...cement_id=1817

[Armillary Private Capital]

Silver Fern Farms makes more fresh water stores available for Christchurch

http://www.unlisted.co.nz/uPublic/un...cement_id=1826

[Armillary Private Capital]

Silver Fern Farms’ innovative new digital campaign a first for the red meat category

http://www.unlisted.co.nz/uPublic/un...cement_id=1830

[Armillary Private Capital]

Silver Fern Farms announces partnership with Annabel Langbein
http://www.unlisted.co.nz/uPublic/un...cement_id=1936