Just caught the tail end on national
radio,ramifications for FOR
Geoff
Article in the herald today as well. Struck me as being rather
negative.
Firstly, they painted a
poor picture of planet hollywood, however it is performing well
ahead of projections and should be a good
investment for force.
Secondly this could be a
good opportunity for force. They will have the
chance to buy, probably at a nice price, it is i
think the only big imax cinema
in new zealand.
Thirdly , they were right to pull out of the ihug deal, they were being
asked
to pay a big price for ihug at a time of intense
competition in the isp sector.
Should be an
interesting time for force, expect some announcemnts shortly
nick
See IRG research reports
