Forum Archive Index - March 2000

[Chris Darby <darby@ak.planet.gen.nz>]

Ben,
 
I echo your thoughts.  I have no criticism of the business of BDO and I 
too commend Evans for getting on with it.  My quiet query is of their 
house broker, DF Mainland.  For an issue that was so oversubscibed and 
closed early, where is the broker's backlog of buyers?

They have talked it up and left it hanging 20% off.  The more I hear and 
observe of this brokerage the less I am impressed.  

Chris

  

>In light of the recent comments on BDO, I'd like to say a couple of words...
>
>Complaints about the NZSE are pretty common - the general lethargic state 
>of the market, lack of new listings etc etc. (I could go on).
>
>Complaints are also heard about how hard it is for New Zealand businesses 
>and entrepreneurs to get off the ground, the lack of support through 
>taxation, funding etc etc (I could go on).
>
>So here we have a company with a vision and a goal - to sell beauty 
>products to consumers on the web.  
>
>They have an IPO on the NZSE, raising a mere $3.5 million (which, put in 
>perspective, is not an extremely large sum of money) for the expansion of 
>their business here and overseas.
>
>And they get slagged off for it.
>
>Indeed, some people seem to be almost pleased that the BDO share price has 
>gone down!
>
>Well, I'd like to say "congratulations" to the CEO of BDO, Bronwen Evans, 
>for being an entrepreneur and working hard to build a business.
>
>I wish BDO every success for the future.
>
>So, what is it to be people?  Do we want to encourage the growth of 
>businesses in this country, or not?
>
>Your comments are more than welcome.
>
>Best Regards,
>
>Benjamin Dutton
>
>
>
>  ----- Original Message ----- 
>  From: Gordon King 
>  To: sharechat@sharechat.co.nz 
>  Sent: Friday, March 31, 2000 2:52 PM
>  Subject: RE: [sharechat] bdo
>
>
>  I sit smugly, vindicated.
>  Gordon
>    -----Original Message-----
>    From: owner-sharechat@sharechat.co.nz 
>[mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Peter Robertson
>    Sent: Friday, 31 March 2000 14:29
>    To: sharechat@sharechat.co.nz
>    Subject: [sharechat] bdo
>
>
>    BDO now 21c, sure glad I wasn't tempted.. It looked like a Turkey, it 
>smelt like a Turkey, .................& it indeed was ...........a Turkey
>

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