Forum Archive Index - August 2000
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Re: [sharechat] "D" day - Depression Day?
Max
I'm sure that an organisation like FLC under the control of Mr Deane will
not let tomorrows profit annoucement pass without making some comment on the
future of FFS, FEG and FLB. After all they are working towards a December
tidy up date and flicking companies doesn't happen over night.
FEG is a hot commodity, don't worry about the Commerce Commission, worry
about the depth of Shell's pockets. I'm picking this one to go as a
standalone under FEG management.
FFS is a licence to print cash and is small fry in terms of the purchase
price to some of the buyers being bandied around due to the falling NZ$.
Citic's chest beating is only that and at the end of the day they want a
good price for their slice of the action also.
FLB don't know about that one.
>From: Max Vautier <mnvautier@yahoo.co.uk>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] "D" day - Depression Day?
>Date: Tue, 29 Aug 2000 07:20:24 +0100 (BST)
>
>Calvin,
>I take it "D" day stands for 'depression day'
>when punters find out
>1. No announcements about possible sales
>2. Commerce Commission unlikely to approve a foreign
>company owning 82% of NZ's biggest oil & gas field,
>Maui
>3. Unresolved problems with Citic
>etc etc.
>
>Sorry to be a party pooper but I am sure Rod Deane is
>sick of having to pop balloons everytime they go up
>prematurely.
>
>Cheers & sorry to FEG,FFS & FLB investors,
>
>Max
>
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