Forum Archive Index - March 2000

["Brett & Leeanne Phillips" <bret-lil@ihug.co.nz>]

Yes Oliver, very cynical,

Can you give a more detailed reasoning on way you believe BRY, SIA & Qantas
would be in 'kahootz' to increase their individual share prices.

Now I can understand why SIA is interested in AIR NZ and I also understand
that most analysts think there is little chance of Qantas being successful
in it's bid.(I would be interested in a competitors business at the right
price also). Surely with the SIA board of directors having close allegiance
to theBRY's board, the sale is really a foregone conclusion, albeit  a
little way away.(remember BRY needs to reduce it's debt burdon asap).
The game of chess that the BRY board is trying to play, by their non sale
announcement today, maybe an effort to put pressure on other parties showing
interest.  The NZ. Government won't be keen on allowing  Qantas the
opportunity to purchase, but will not be able to stop SIA acquiring AIRVB
shares. I suggest you get in while the price is right, this price won't
last. I think some people may have tried for the quick buck in the last few
days which has lead to todays price dip, a long side the BRY announcement. I
suspect they would have been better off looking a month or so ahead, but
that's what makes this share forum so interesting, we all have different
views.

Cheers Bret




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