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Allied Farmers

Auditor gives Allied Farmers qualified opinion only

Auditor gives Allied Farmers qualified opinion only
Wellington, Oct 1 NZPA - Auditors have given Allied Farmers' financial statements only a qualified opinion, and have raised concerns about the going concern basis of the company and the carrying value of assets.

Early settlement of Five Mile sale

Wellington, Sept 10 NZPA - Allied Farmers has announced an earlier than expected settlement of the sale of its Five Mile property, which it took over as part of the purchase of Hanover Finance late last year.

Allied Farmers receives funds, seeks to reassure trustee

Allied Farmers receives funds, seeks to reassure trustee
Wellington, Sept 6 NZPA - Allied Farmers Ltd said Trustees Executors, the trustee of its capital notes, has written to the Companies Office about its financial state.

Allied Farmers receives funds, seeks to reassure trustee

Allied Farmers receives funds, seeks to reassure trustee
Wellington, Sept 6 NZPA - Allied Farmers Ltd said Trustees Executors, the trustee of its capital notes, has written to the Companies Office about the financial state of Allied Farmers.

Allied Farmers granted waiver on full year accounts date

Allied Farmers granted waiver on full year accounts date
Wellington, Aug 30 NZPA - Allied Farmers has been unable to provide its unaudited full year results to NZX within the required 60 days, due to the receivership of subsidiary Allied Nationwide Finance (ANF).

Allied Farmers shares fall on asset devaluation, downgrade

Allied Farmers shares fall on asset devaluation, downgrade
By Pam Graham of NZPA Wellington, Aug 12 NZPA - Allied Farmers Ltd's shares fell to 2.5 cents today after the company slashed the value of assets acquired from Hanover Finance and had the rating of its finance company unit cut to a level indicating vulnerability to default.

NZ sharemarket dives, bad news flows

NZ sharemarket dives, bad news flows
Wellington, Aug 12 NZPA - The New Zealand sharemarket dived today as fear gripped global markets, and further bad news from Allied Farmers and a bleak outlook statement from Steel and Tube added to investors' woes.

Big drop in Hanover assets acquired by Allied Farmers

Big drop in Hanover assets acquired by Allied Farmers
Wellington, Aug 12 NZPA - Another big chunk has been taken out of the value of the assets that Allied Farmers acquired from Hanover Finance and United Finance in December.

NZ sharemarket nudges lower in quiet session

NZ sharemarket nudges lower in quiet session
Wellington, Aug 10 NZPA - The New Zealand sharemarket nudged lower in a session lacking much in the way of corporate news. The benchmark NZX-50 index closed down 9.39 points, or 0.3 percent, at 3045.11, after yesterday gaining nearly 10 points.

NZ sharemarket in the black, but gives up early gains

NZ sharemarket in the black, but gives up early gains
Wellington, Aug 3 NZPA - The New Zealand sharemarket shed most of its early gains today, but managed to remain positive by the end of a session lacking much in the way of news.

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