Forum Archive Index - August 2000

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] Fletchers not pooring cold water on latest hype

From:	"Les" <openmind@paradise.net.nz>
Date:	Fri, 18 Aug 2000 13:45:36 +1200

The last time the media suggest an immanent sale of FFS the company responded with lighting speed and squashed the speculation. I don't see that happening this time.

If FFS dept has to be dealt with prior to scraping the letter stock structure then a sale or divestment of some forests must happen first. Media reporting today indicated that the sale of a plantation is being considered.

Maybe that is the most likely course of events.

FFS sells some plantations, maybe even sells it partnership with Citic to reduce dept then recapitalize company thus allowing FLB to be sold of and broken up as reported in media a few weeks ago, leaving FFS and FEG as separately listed companies. Just a thought.

Messages by Date [	Next by Date:	[sharechat] New NBR articles online now Will Bryant
	Previous by Date:	Re: [sharechat] Rocom Sue McLellan ]
Messages by Thread [	Next by Thread:	[sharechat] RNS and ADV Peter Maiden
	Previous by Thread:	Re: [sharechat] FFS - Now watch the slide! dean alderton ]
Post to the Forum [	New message	Reply to this message ]