Forum Archive Index - September 2000

[Chris <cd@ak.planet.gen.nz>]

Damian and Seb,

Great to hear there are people about who apply ethics to their investment 
decisions.  

I once had Fernz shares(now Nufarm) before realizing I was supporting the 
destruction of our environment by effectively loaning  this company cash 
to manufacture the herbicide Roundup.  Their cosy relationship with 
Monsanto, the world leader in GE, was the spur to dispose of my holding.  
In fact I took a financial loss but measured it against an intangible 
gain.

Another I have shied away from was SKC when my broker said buy @ $6.  He 
indicated an increasing number of his clients considered their 
investments ethically and for some he was required to qualify 
recommendations always on that basis.  Interesting to see Monsanto's 
share price labouring under the weight of world backlash against GE.  I 
think we will see shareprice pressure on companies that do not shape up.

Yeah I can hear some reading this like it's drivel but so too was the 
world once flat. 

Regards
Chris   


>Thankyou  Damian. Genesis is out as far as i am concerned . Seb.
>
>sky@paradise.net.nz wrote:
>
>> For some this posting will be annoying, for some it will be
>> relevant, perhaps even appreciated!!
>>
>> This may or may not be relevant to this forum, and I
>> apologise in advance to any egos I may offend. But please
>> be aware that those people wanting to invest in Genesis
>> Research that this company experiments on animals (esp
>> monkies).
>>
>> I am by no means saying that you must not invest in
>> Genesis, but that if you care for the lives of these
>> animals and were unaware that this was happening, you may
>> now make an informed decision.
>>
>> Happy investing, and have a good weekend!
>>
>> Damian

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