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Beingmate

FMA says no evidence to support regulatory action after inquiries into Fonterra’s 2019 financial statements and complaints about Beingmate & China Farms valuations
9th Jul 21, 9:25am
by admin
FMA says no evidence to support regulatory action after inquiries into Fonterra’s 2019 financial statements and complaints about Beingmate & China Farms valuations
Fonterra is now planning to sell part of its ill-starred investment in China's Beingmate on-market having failed to find a buyer for the whole 18.8% stake
7th Aug 19, 10:26am
18
Fonterra is now planning to sell part of its ill-starred investment in China's Beingmate on-market having failed to find a buyer for the whole 18.8% stake
Acting PM and NZ First Leader Winston Peters has a crack at Fonterra's management for getting the company into a sticky debt situation that prompted it to sell Tip Top to an overseas buyer
13th May 19, 4:58pm
17
Acting PM and NZ First Leader Winston Peters has a crack at Fonterra's management for getting the company into a sticky debt situation that prompted it to sell Tip Top to an overseas buyer
'Bittersweet' moment for Fonterra as it sells iconic NZ brand to global ice cream company Froneri
13th May 19, 9:04am
27
'Bittersweet' moment for Fonterra as it sells iconic NZ brand to global ice cream company Froneri
David Hargreaves expresses reservations about Fonterra's efforts to turn itself around
26th Mar 19, 8:08am
5
David Hargreaves expresses reservations about Fonterra's efforts to turn itself around
Fonterra's new chief executive says the co-operative needs to put New Zealand 'front and centre' and extract the maximum value from milk produced here
20th Mar 19, 8:49am
24
Fonterra's new chief executive says the co-operative needs to put New Zealand 'front and centre' and extract the maximum value from milk produced here
Very mixed news for farmers as Fonterra increases the milk price forecast by possibly as much as 60c, but slashes the earnings forecast possibly more than in half; no interim dividend
28th Feb 19, 9:09am
3
Very mixed news for farmers as Fonterra increases the milk price forecast by possibly as much as 60c, but slashes the earnings forecast possibly more than in half; no interim dividend
Westpac economists are the latest to trim their milk price forecast for this season - down to $6.10 from $6.25
5th Dec 18, 2:23pm
3
Westpac economists are the latest to trim their milk price forecast for this season - down to $6.10 from $6.25
David Hargreaves says Fonterra needs to find the right balance in tackling its many problems, while juggling the demands of a difficult global dairy backdrop
20th Nov 18, 12:00pm
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David Hargreaves says Fonterra needs to find the right balance in tackling its many problems, while juggling the demands of a difficult global dairy backdrop
An independent report prepared for farmer shareholders shows a $2 billion 'opportunity cost' in foregone earnings during Fonterra's 17 years of existence; 'value-added' business returns 'significantly below' what is needed
8th Nov 18, 12:08pm
33
An independent report prepared for farmer shareholders shows a $2 billion 'opportunity cost' in foregone earnings during Fonterra's 17 years of existence; 'value-added' business returns 'significantly below' what is needed
David Hargreaves thinks the struggling Fonterra dairy co-operative will need a close eye keeping on it as it endeavours to get its wobbly milk cart back on the trail
13th Sep 18, 5:02pm
13
David Hargreaves thinks the struggling Fonterra dairy co-operative will need a close eye keeping on it as it endeavours to get its wobbly milk cart back on the trail
Fonterra holds milk price forecast at $6.75; forecasts earnings per share of 25c-35c this year; to review investments including Beingmate; full year loss of $196 million reported
13th Sep 18, 9:13am
27
Fonterra holds milk price forecast at $6.75; forecasts earnings per share of 25c-35c this year; to review investments including Beingmate; full year loss of $196 million reported
David Hargreaves argues the Government needs to concede that the creation of Fonterra was the wrong thing to do and start again
17th Aug 18, 12:01pm
45
David Hargreaves argues the Government needs to concede that the creation of Fonterra was the wrong thing to do and start again
Embattled dairy giant Fonterra has appointed Miles Hurrell as interim CEO with immediate effect; Theo Spierings will leave at the end of the month
15th Aug 18, 8:25am
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Embattled dairy giant Fonterra has appointed Miles Hurrell as interim CEO with immediate effect; Theo Spierings will leave at the end of the month
David Hargreaves says Fonterra needs to undergo a massive overhaul otherwise the consequences could be quite drastic
10th Aug 18, 3:25pm
34
David Hargreaves says Fonterra needs to undergo a massive overhaul otherwise the consequences could be quite drastic
Fonterra says dividend will be just 10c, down from 40c, while final milk price for season just gone has been cut to $6.70 from the expected $6.75; Shareholders' Council says situation 'unacceptable'
10th Aug 18, 8:58am
20
Fonterra says dividend will be just 10c, down from 40c, while final milk price for season just gone has been cut to $6.70 from the expected $6.75; Shareholders' Council says situation 'unacceptable'
Dairy giant Fonterra has gone into a trading halt on NZX while it determines whether earnings from the July year will be different to that previously forecast
9th Aug 18, 1:33pm
18
Dairy giant Fonterra has gone into a trading halt on NZX while it determines whether earnings from the July year will be different to that previously forecast
Appointment of new 'independent' manager to Beingmate seen by Fonterra as key to turning around its under-performing investment in the company
2nd Jul 18, 10:21am
1
Appointment of new 'independent' manager to Beingmate seen by Fonterra as key to turning around its under-performing investment in the company
Infant formula concerns raised for Fonterra and Beingmate in China. Fonterra says it's a technical not food safety issue, plays it down
22nd Jun 18, 7:35am
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Infant formula concerns raised for Fonterra and Beingmate in China. Fonterra says it's a technical not food safety issue, plays it down
Winston Peters says ‘heads should roll’ at Fonterra over its loss on China's Beingmate, says the buck stops at the top
14th Jun 18, 3:08pm
by Jason Walls
31
Winston Peters says ‘heads should roll’ at Fonterra over its loss on China's Beingmate, says the buck stops at the top
The ‘First Citizen of the Provinces’ has called for the resignation of another top public-sector figure – Fonterra Chairman John Wilson
13th Jun 18, 4:09pm
by Jason Walls
28
The ‘First Citizen of the Provinces’ has called for the resignation of another top public-sector figure – Fonterra Chairman John Wilson
David Hargreaves says Fonterra's still failing to balance the commodity cycles - and that's bad for New Zealand
23rd May 18, 4:37pm
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David Hargreaves says Fonterra's still failing to balance the commodity cycles - and that's bad for New Zealand
Dairy giant Fonterra lifts current season milk price forecast to $6.75 from $6.55, but says dividend may be more than halved; milk price forecast for new season, at $7, is much higher than expected
23rd May 18, 9:10am
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Dairy giant Fonterra lifts current season milk price forecast to $6.75 from $6.55, but says dividend may be more than halved; milk price forecast for new season, at $7, is much higher than expected
Fonterra's orchestration of the announcement of CEO Theo Spierings departure was symphony-like. Here's hoping its next moves around a new CEO and board refreshment are as convincing
21st Mar 18, 2:51pm
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Fonterra's orchestration of the announcement of CEO Theo Spierings departure was symphony-like. Here's hoping its next moves around a new CEO and board refreshment are as convincing
Fonterra says its board and CEO Theo Spierings 'have agreed' he will leave later this year; international search under way for replacement and candidates now shortlisted
21st Mar 18, 11:18am
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Fonterra says its board and CEO Theo Spierings 'have agreed' he will leave later this year; international search under way for replacement and candidates now shortlisted