Forum Archive Index - January 2001

[Nigel McCarter <n.mccarter@clear.net.nz>]

The other thing about Ebos is a series of expansions across the water.  NZ 
market is limited and ebos have picked up two other companies in the last 
two years, both of which are making increasing contributions to overall 
growth and profit.
That's important, since many of the products that Ebos sells are high value 
imports and therefore adversely affected by the dollar.
I've followed and held Ebos for five years, and apart from the last years 
plateau in share price, the company has grown steadily.

Disclosure
Hold Ebos shares
Nigel McCarter

At 11:37 AM 20/01/01 +1300, you wrote:
>Ben - I was actually wondering why you had EBOS Group as one of your picks 
>of the year.
>
>EBO have been on my watch list on and off for some years but I have never 
>been tempted to show any real interest in them until the mid of last year.
>
>What turned me around was they recognised that embracing technology was 
>the way to go  to drive efficiencies out of their distribution system. 
>They also have decided to go beyond  that and exploit technology over the 
>whole value chain. Companies who manage to do this well do increase 
>earnings and it does lead to competitive advantages to drive further growth.
>
>RNS is a great example where distribution efficiencies generated from the 
>use of technology has lead to the creation of a great deal of shareholder 
>value. You know my views on RNS.
>
>EBOS is not a big company and it their approach to developing these 
>processes that has impressed me. Firstly they have not spent millions 
>(that they could not afford) but used local (NZ) expertise and knowledge 
>to give them an affordable solution.
>
>I admire companies who exploit technology for the benefits of shareholders 
>but who take this sensible approach (instaed of jumping in


----------------------------------------------------------------------------
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.