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  1. #561
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  2. #562
    Senior Member Marilyn Munroe's Avatar
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    There seems to be a bunker mentality growing in the boardroom at the Viaduct.

    https://i.stuff.co.nz/business/farmi...-leonie-guiney

    I was surprised to learn that candidates for election to the board are required to submit to a selection process and if you don’t pass you can’t stand.

    What is this body of selectors called? The Council of Guardians and does its head have the title of Supreme Ayatollah?

    I would have thought the demise of Silver Fern Farms as a farmer owned co-operative would have alerted the rural sector to the dangers of having a board of yes men in the thrall of management.

    Boop boop de do
    Marilyn
    Diamonds are a girls best friend.

  3. #563
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    [QUOTE=Marilyn Munroe;706587]There seems to be a bunker mentality growing in the boardroom at the Viaduct.

    https://i.stuff.co.nz/business/farmi...-leonie-guiney

    I was surprised to learn that candidates for election to the board are required to submit to a selection process and if you don’t pass you can’t stand.
    Now I know why Fonterra treated A2M with such contempt all those years ago when they were a A2 denier could have bought in for .50 but due to supreme arrogance they waited until the S P was $10 + before they condescended to a business partnership, is Fonterra another FBU in waiting what with their very successful Chinese investments !!!
    What is this body of selectors called? The Council of Guardians and does its head have the title of Supreme Ayatollah?

    I would have thought the demise of Silver Fern Farms as a farmer owned co-operative would have alerted the rural sector to the dangers of




    having a board of yes men in the thrall of management.

    Now T know why Fonterra treated A2M with such contempt all those years ago when they could have bought in into A2M for approx. .50 per share but no they were the supreme A2 denier only to wait for the s p to multiply 20 times before they condescended to a business partnership.
    Is Fonterra a FBU in waiting what with their very successful Chinese business partnerships and other wise "investments ".
    Do their fish heads really belong in the real world or should they be back on their farms punching cows ?
    Last edited by whatsup; 04-03-2018 at 08:59 PM. Reason: spelling

  4. #564
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    Is the Fonterra Fund listed on the ASX ?

  5. #565
    Junior Member
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    Jul 2017
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  6. #566
    Legend peat's Avatar
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    lol succession planning.

  7. #567
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    Only Fonterra could lose $200M on an investment of $405M selling infant formula to China and then say they are the envy of the dairy world.

  8. #568
    Legend minimoke's Avatar
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    As mentioned things looking up, Theo Spierings resigning

  9. #569
    Senior Member Marilyn Munroe's Avatar
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    Heh! Some wag on interest.co.nz proposed changing Fonterra's name to Font-error.

    Boop boop de do
    Marilyn
    Diamonds are a girls best friend.

  10. #570
    Legend Balance's Avatar
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    Quote Originally Posted by Marilyn Munroe View Post
    Heh! Some wag on interest.co.nz proposed changing Fonterra's name to Font-error.

    Boop boop de do
    Marilyn
    Love it!

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