Forum Archive Index - January 2000

["Ben Dutton" <bendutton@sharechat.co.nz>]

Osbert:

An interesting comment from Savoy's managing director Kerry Haycock in The
Press this morning that could well support your theory.

"Savoy had decided it was better to get out of Dairy Brands now and look for
other opportunities, Mr Haycock said".

It'll be interesting to see what happens...

Benjamin Dutton

(I own shares in SVY).

----- Original Message -----
From: Osbert Sun <osbert.sun@xtra.co.nz>
To: sharechat <sharechat@sharechat.co.nz>
Sent: Tuesday, January 18, 2000 11:06 AM
Subject: [sharechat] Savoy


> Savoy announced today that it has completed the sale of its
> holding of 11,743,113 shares in DBNZ. The sale will realize
> nearly $3 m in cash. I suspect that this might have something to
> the recent remour that the company is in the process of a major
> investment in wireless technology. Let's see what will happen
> next.
>
> Osbert Sun
>
> (Disclosure of interests:  I have purchased SVY shares recently)
>
>
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