Forum Archive Index - July 2000

[RIL <ril99_99@yahoo.co.uk>]

I am licking my wounds at the moment over the loss of
a considerable amount of money betting on the
Wallabies. Wrong bet.

Now your stockmarket might rally next week. NZ may
have some of its "Joss" back.

It was interesting to see the Matauri mill of CHH
close. It had been running at a loss for four or so
years. The company would be typical of many companies
in NZ that are holding on by the skin of their teeth
hoping for an uptick - which can never come (because
of economy of scale issues).

The sale of all the Fletcher companies will eventually
result in further large redundancies in core
industries.

Your biggest single opportunity at the moment is to
change your agriculture sector to organic. The
resulting increase in revenue would be dramatic. But
the fertiliser lobby-ists will knife that one in the
gut.

Organic farming would triple your revenue in
agriculture which because of your inability to
significantly add value to primary products would be
very important.

NZ recently made news up here with your soccer skills
-  nice one.

Also interested to see that the last semi-decent
school in the country, Auckland Grammar, is adopting
off-shore  qualifications. This will happen more as
your educational standards fall further. I recently
read a NZ report on its universities which show an
alarming drop in the standards of education.

Another 1.25 billion to Maoris over the next four
years and a fourth full and final settlement to a
particular tribe. When are you Kiwis going to wake up
and realise you are being taking for a ride?

Cheers

RIL



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