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[sharechat] fonterra


From: "Richard Hooper" <hoop@ihug.co.nz>
Date: Sat, 20 Jul 2002 01:51:05 +1200


Oh  dear!!!! .......$ 50 M loss in a year which supposely was mean't to be the best that the Dairy Farmers could expect for 30 years.......Fonterra was born with the commerce commision objection and it took the Labour Govt  legislation for it to function.
If it can't make a profit in good times.......look out NZ ...as it is the same size as our ecomony ...if things go wrong with Fonterra ,New Zealand inc will suffer big time
 
Fonterra said that if GE does not get Govt backing it would be forced to leave NZ.................MMMMMMM  ........I hate to say this but (  gritting teeth!!!!!!!!) voting Green party might be our salvation.
Hoop
 
Disc:- will vote National (Hamilton West)...... ACT list vote........not against GE.

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