frazzledfozzle 7,446 Posted November 10 Share Posted November 10 I see on Stuff this morning that Oha Honey has posted another huge loss. Gotta wonder how long they can keep it going ! Covid-19 contributes to Ngāi Tahu Holdings $25.7m loss | Stuff.co.nz WWW.STUFF.CO.NZ Covid-19's impact on tourism has delivered a major hit to Ngāi Tahu's finances. 1 1 1 Quote Link to post Share on other sites
Trevor Gillbanks 6,802 Posted November 10 Share Posted November 10 They will be able to ask for another full and final settlement. $21.6 m is a lot of money to lose in the honey industry. 1 Quote Link to post Share on other sites
Sailabee 1,098 Posted November 11 Share Posted November 11 Bet Watson is still laughing, and spending! 1 Quote Link to post Share on other sites
southbee 45 Posted November 11 Share Posted November 11 Their webpage said 30,000 hives... Thats a loss of about $700.00 per hive! 3 Quote Link to post Share on other sites
Boot 385 Posted November 15 Share Posted November 15 On 11/11/2020 at 5:49 PM, southbee said: Their webpage said 30,000 hives... Thats a loss of about $700.00 per hive! I believe the web page is overstated by 10,000+ hives. Making it a loss of over $1000 per hive. Two years ago and possibly even last year I would have said that a good management team could still turn the business around. Now I would say it would almost be a pointless exercise to atempt. Everyone who understood the business and the Manuka business has either jump or been pushed. It would be a very brave management team to take it on now. I understand the CEO resigned back in August. There has also been another round of restructuring and job losses. 2 Quote Link to post Share on other sites
Maggie James 874 Posted November 15 Share Posted November 15 (edited) 1 hour ago, Boot said: I believe the web page is overstated by 10,000+ hives. Making it a loss of over $1000 per hive. Two years ago and possibly even last year I would have said that a good management team could still turn the business around. Now I would say it would almost be a pointless exercise to atempt. Everyone who understood the business and the Manuka business has either jump or been pushed. It would be a very brave management team to take it on now. I understand the CEO resigned back in August. There has also been another round of restructuring and job losses. With regard to your comments, so we can all keep things in perspective; out of interest Boot, who do you work for or contract to? Edited November 15 by Maggie James Quote Link to post Share on other sites
Boot 385 Posted November 16 Share Posted November 16 18 hours ago, Maggie James said: With regard to your comments, so we can all keep things in perspective; out of interest Boot, who do you work for or contract to? Maggie My comments are purely independent. I know a number of people working for Oha and the huge efforts being made there. 1 Quote Link to post Share on other sites
Grant 4,275 Posted November 16 Share Posted November 16 General discussion on losses for beekeepers across New Zealand has been moved to a new topic Quote Link to post Share on other sites
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