ngakonui grass Posted May 17 Share Posted May 17 Anybody have any opinions on Fonterra's new plans. Early days but i have a question The buyers of the Anchor and Mainland who would supply their milk? Quote Link to comment Share on other sites More sharing options...
Hesi Posted May 17 Share Posted May 17 The idea of divesting, is to focus on business-to-business supply of raw materials, so I presume Fonterra. It would be a condition of the sale? Quote Link to comment Share on other sites More sharing options...
ngakonui grass Posted May 17 Author Share Posted May 17 OMO but this could go tits up very easily but then i have just heard the Top Dog of Fonterra say that a lot more information is still to be released. Quote Link to comment Share on other sites More sharing options...
Hesi Posted May 17 Share Posted May 17 Why could it go tits up. A shame a few other entities like councils and Govt departments don't focus on their core reason for being. 93% of Fonterra's sales come from the supply of basic raw materials derived from milk. I presume they are doing it as the other 7% has a disproportionately high amount of cost, a lot more than 7% Quote Link to comment Share on other sites More sharing options...
JustPlodded Posted May 17 Share Posted May 17 As long as the boffins that did the maths are not the same ones that thought it was a good idea to buy those Chinese companies a few years back that ended in getting rid of them at a huge loss. 1 Quote Link to comment Share on other sites More sharing options...
Tonkatime Posted May 17 Share Posted May 17 19 hours ago, Hesi said: Why could it go tits up. A shame a few other entities like councils and Govt departments don't focus on their core reason for being. 93% of Fonterra's sales come from the supply of basic raw materials derived from milk. I presume they are doing it as the other 7% has a disproportionately high amount of cost, a lot more than 7% Great point re councils Hesi. Wellington Council does anything but that. Quote Link to comment Share on other sites More sharing options...
Hesi Posted May 17 Share Posted May 17 18 minutes ago, JustPlodded said: As long as the boffins that did the maths are not the same ones that thought it was a good idea to buy those Chinese companies a few years back that ended in getting rid of them at a huge loss. I understand also, that by being a supplier of the base raw material and a user, it has price implications for the supply price of the raw material which is then subject to controls. This is removed if they no longer are a user??????? Quote Link to comment Share on other sites More sharing options...
Hesi Posted May 17 Share Posted May 17 5 minutes ago, Tonkatime said: Great point re councils Hesi. Wellington Council does anything but that. Neither do many Govt departments. NZ Transport Agency (Waka Kotahi), who proposed to have dual street and place names (English and Maori), when the roading infrastructure has so many things that need attending to. Wrong focus! Quote Link to comment Share on other sites More sharing options...
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