Silver Ferm Farms

[Sideshow Bob]

Well done to them. Doesn't look like we'll be getting any interim divie this year, like we unusually did last year. They announced it last year on 28 October.
Not surprising really !

Surprised if anyone was surprised no interim divvy! I'd take last year as an outlier at this stage, but very welcome if wrong!

Last year Alliance was 17th of November announcement. Might see that a little later this year given loss coming, but will be an interesting read on the industry and where SFF might pitch up.....

[Sideshow Bob]

A Business Desk article this morning, saying Alliance will make the largest loss since 2012. I had to scour the internet to find their 2012 annual report - made $57m operating loss, $50m net loss, on $1.4B turnover. Last year they turned over $2.2B, although expect to be well back on this.

Talked to someone from another company recently, and even with issues with Gabrielle etc, they were still profitable, albeit not by much.

In the meantime, looking tough for farmers....

https://www.1news.co.nz/2023/11/06/2...+November+2023

[winner69]

All these new regulations being imposed on farmers re emissions and such things apparently aren’t being driven by Greenpeace, Green Party and such bodies …….rather it’s a strong lobby group from producers influencing government action. That pisses the farmers off …drive us of our farms and we all lose

Probably true when you consider Silver Farms and their Net Zero stuff

[blackcap]

All these new regulations being imposed on farmers re emissions and such things apparently aren’t being driven by Greenpeace, Green Party and such bodies …….rather it’s a strong lobby group from producers influencing government action. That pisses the farmers off …drive us of our farms and we all lose

Probably true when you consider Silver Farms and their Net Zero stuff

Silver Fern Farms is an enabler and they are contributing to the problems farmers face. I despise them for their stance and subsequently have sold my shares. Nasty corporate in my humble opinion.

[Sideshow Bob]

All these new regulations being imposed on farmers re emissions and such things apparently aren’t being driven by Greenpeace, Green Party and such bodies …….rather it’s a strong lobby group from producers influencing government action. That pisses the farmers off …drive us of our farms and we all lose

Probably true when you consider Silver Farms and their Net Zero stuff

Where was this from W69?

[nztx]

Interesting comments in from Service providers, but won't elaborate further ..

[iceman]

Interesting comments in from Service providers, but won't elaborate further ..

So the point of this comment was what ?

[nztx]

So the point of this comment was what ?

Late to too late for Banks approving large outfit's seasonal financing sheets ?

[karen1]

Late to too late for Banks approving large outfit's seasonal financing sheets ?

Please NO! Not this thread too.

[Sideshow Bob]

SFF Balance Sheet.jpg
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