Forum Archive Index - March 2001

["Colin Ross" <ceejaynz@xtra.co.nz>]

"A bird in the hand is worth two in the Bush"
As one who holds both Feg & FFS,  I will probably vote to continue with the
break-up without any more farting about.
The sooner we can get this mess untangled, and get our funds into some
income-generating investments the better.
I'll be at the meeting tomorrow. I wouldnt miss it for quids !!.
Ceejay


----- Original Message -----
From: Brian Jones <ibbij@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Monday, March 05, 2001 8:09 PM
Subject: [sharechat] FEG


>
> Interesting to see the backers of the latest FEG interest appealing to
> investor's sense of nationalism!
> I gather Fay-Richwhite are involved. Fay and Richwhite having taken their
> fortunes out of NZ and now living in Switzerland. Anyone thinking that
these
> two may have NZ and its financial well-being in mind should re-read Brian
> Gaynor's Herald articles on the subject to see how much they have done in
> the past for the investors in this Country.
> In my experience,  Fay-Richwhite, and GPG for that matter, don't have a
> great record of caring for small shareholders of companies they have had
an
> interest in.
> Those planning on voting against the sale of FEG to Shell need to be very
> clear of the risks to the capital value of their investment if the sale
and
> hence the separations don't go ahead.
>
> Disc. HoldFLB&FFS (sold FEG months ago at $9.35)
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