Forum Archive Index - March 2004

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

Hi Harley,
 
>
>>How 'cash hungry' is the Southland Regional Council?
> 
>They appear to be passive shareholders with no directors 
>on the board.The board has stated they expect to maintain
>the div. this coming year.
> 

I'll bet that the SRC had a big hand in appointing some of those 
independent directors to the board though.

>
>> What big bills are on the horizon?   
> 
> No,  They haven't foreshadowed any.
>
 
Good!

> 
> 2m. tonnes  35% export, 65% import,  imports may or may not
> decrease,but Southland is a very wealthy area, and production will
> continue to exported. Rationalization of shipping services is  an
> unknown which effects all ports smaller ones more so. Also low
> turnover of shares - not for short term.
>

 I am surprised that the import/export balance is as 'outta whack' as 
that.    Did I read somewhere that all the Southland dairy produce is 
now shipped out via Timaru?

SNOOPY

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