PDF 0.00% 0.0¢ pacific dairies limited

Ann: Notice of General Meeting/Proxy Form, page-7

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  1. 134 Posts.
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    Dixie,

    PDF's whole life history, its proposals and its announcements can be simply summed up by one word, and that is 'incompetence.'

    It costs dairy farmers in Fiji $1 per litre to produce milk, they get paid 80 cents a litre.
    Besides outbreaks of TB that wiped out 20-25% of the production in recent years, a motion was put to the Fiji parliament just last year to financially support the dairy farmers, such is the crisis they are in. The motion was defeated. Google Fiji Dairy/ Rewa Dairy Fiji goverenment.

    Dairy has never worked in Fiji, they import 85% of their Dairy needs, not because they can't produce it, its because it is uneconomic to produce in Fiji.
    Still we have a recent announcement by the chairman of PDF saying he can get cows to produce at 1100 litres of milk. Currently it's less than 2000 litres in Fiji. Now who is incompetent here. The 340 dairy farmers in Fiji or a non dairy farmer from Australia who puts out an announcement he can do Fives times better, and better than Worlds best practice.

    It appears the products NZDP now offer may have stopped production in its recent past, once again due to not been economic enough to continue with. That's the type of project that the PDF Chairman sees incredible merit in according to his announcement.

    Then there is the Australian Dairy Product that is nearing 4 years and there is still no income from it. Even though EVERY farmer that was part of The Dairy Project, has given up and either sold their property or is currently under sale, our chairman and board are still promoting it
    Wil Farrell couldn't even make this incompetent company funny.
    It is shareholder money at risk and lost.

    Yes the last announcement by the Chairman was so fill of hot air, that a few minutes of research brings one to consider they are watching a segment of the movie, Dumb and Dumber.
    It's still not funny..

    DYOR. IMO
 
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