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From: | "nick" <acummin@es.co.nz> |
Date: | Wed, 1 Nov 2000 16:03:53 +1300 |
If the only reason Frucors share price is dropping is because of the coke thing then i see no problems, rather a good buying opportunity. Like the spokesman from frucor said, the fact that coke are trying to muscle in shows that the energy drink market is where the action is. Australians have only recently began drinking energy drinks and there is significant room for growth. Frucors share of the pie may drop slightly but the pie is growing increasingly large. For coke to become involved show the potential that exists in the energy drink market. Coke are also aiming at a different market (nighttime) and will be competing more with red bull. Like another contributor said frucor are more that just V they have a very good range of drinks and look to be a good growth share, and their arnt many of those in NZ . Also remember that part of the reason frucors price has been weak lately is because all the stocks are weak. Blame most of it on october, and those bloody fletcher stoocks. If it wasnt for having to find money to pay for more forest shares i would be buying more frucor tommorrow. In fact im tempted to give up on forsest and buy the frucor anyway nick ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. Join now. ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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