Opinions
Darren Sissons
Fonterra Cooperative Group
FCG-NZ
DON'T BUY
May 15, 2014
N/A
Stock price when the opinion was issued
Consumer Products
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
Largest dairy exporter in the world. Basically a pure play on infant Chinese milk. A very, very lucrative market. The challenge is that it is controlled by the farmers who saw their income increased by 22% last year. They took the income increase and slashed the public dividend by 70%. He has completely dumped his holdings and until corporate governance is totally changed, he would recommend staying away.