Forum Archive Index - June 2000

["Adam Rands" <adam@iguana.co.nz>]

Regarding Liberty One

A good interview with their CEO can be found here

http://www.stockhouse.com.au/interviews/jun00/060100_libertyone.asp

For those unfamiliar with the company it gives you a good over view of their
operations (or miss operations)...Its quite a funny interview..

Also.. Liberty One owns Clearview, a NZ web development company which
competes directly with Advantage Group's web design division (said to be 150
people strong)... Another good reason why ADV would want in with LIB.

If the merger/takeover did occur it could possibly give Advantage a listing
in Australia. Now that would be good news.  It would also only leave NZ with
two major webdesign houses - Terabyte (owned by ITC) and Advantage
(Advantage took out Webmasters last year)

When does a rumor become a good rumor?


Cheers
Adam

disc : Hold ASX:LIB


-----Original Message-----
From: Wedde, John <john.wedde@cit.ac.nz>
To: 'sharechat@sharechat.co.nz' <sharechat@sharechat.co.nz>
Date: Friday, June 16, 2000 9:02 AM
Subject: RE: [sharechat] Liberty One to be an Advanatge


>Hi Adam,
>A broker friend told me late last week there was a rumour that Advantage
>were looking at a "major deal" in Aussie. He knew nothing else. I passed on
>your rumour to him. his response was "thanks, thats very useful". He still
>however knows no more. I'l keep the group posted with any updates. I do not
>follow the Aussie market that closely apart from one or two dually listed
>stocks so don't know a lot about Liberty apart from the fact that their
>share price seems [at 35 odd cents] to be at an all time low, down from a
>high of $2.50 not so long ago. They seem to have had a fairly tough time
>recently with key people leaving. Generally Liberty appears to be of a
>similar ilk to ITC, similar business focus, intent on establishing its
>foundations and networks, looking down the track to profitability rather
>than making any money yet [loss last year $25 million]. The cynics amongst
>us would possibly say long on rhetoric, short on results. I guess only time
>will tell.
>But back to the rumour. If it is true, does it mean either Advantage or
>Liberty shares will rise or fall or ----- ??
>Liberty seems a much larger company than Advantage. Does that mean that
>Advantage might need money [borrowed or by way of issuing more shares] to
>fund the acquisition? What would that do to the share price? What are the
>relative market caps of each company? If the rumour seems to have substance
>then I guess there are lots of other questions one might ask in deciding on
>a strategy for taking a punt on one or the other or both? Any other views
on
>this one?
>
> ----Original Message-----
>From: Adam Rands [mailto:adam@iguana.co.nz]
>Sent: Thursday, 15 June 2000 14:30
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] Liberty One to be an Advanatge
>
>
>
>Its only a rumor.. But it does add up
>
>Liberty One (ASX:LIB) (owners of the Excite web portal and Zivo web design)
>about to be taken over by Advantage Group.
>
>Zivo are major players in the aussie web design space. Advantage see Aussie
>as their next step. Zivo would be a serious competitor.. So why no buy them
>out
>
>More details about Liberty One can be found here
>
>http://www.libertyone.com.au/ <http://www.libertyone.com.au/>
>
>Adam
>
>Disc - I have a few
>
>
>
>
>
>
>
>
>
>
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