Forum Archive Index - April 2001

[Mick Clifton <Mick.Clifton@eskimo.co.nz>]

Hi Malcolm
I do know if Rubicon will be interested in investing much into this
business.
My basic reasoning being:
1) Loyal customers. Is there such a thing when it comes to filling your
tank?
If it wasn't for my company fuel card, I'd go to the closest station when my
tank is showing empty.
2) Cartel. They're all in each others pockets. When 1 drops the price they
all
do. No one can get a competitive edge.
3) Sites. The likes of Shell & Caltex have good size sites with their "one
stop shop"
setup. For Challenge to put extensive shop facilities in their stations
would cost
a bomb.
I say flick it off to the highest bidder and start buying Mcdonalds
franchises!!
Cheers Mick
-----Original Message-----
From: Malcolm Cameron [mailto:malharcameron@hotmail.com]
Sent: Monday, 9 April 2001 15:28
To: sharechat@sharechat.co.nz
Subject: RE: RE: [sharechat] Re- Rubicon


Mick & Gerry
rubicon could do a lot better to work on it first then there would be a lot 
more premium. the last big chain of service stations in prime sites non oil 
company owned was not for sale when one of the big oil companies waved that 
much cash under there nose they could not refuse it should be worth 15 
million to them to stop GULL geting the distribution facillities alone.
this is MHO
malcolm cameron


>From: Mick Clifton <Mick.Clifton@eskimo.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: "'sharechat@sharechat.co.nz'" <sharechat@sharechat.co.nz>
>Subject: RE: RE: [sharechat] Re- Rubicon
>Date: Mon, 9 Apr 2001 14:40:31 +1200
>
>Thanks Gerry
>It would be good for Rubicon if Gull & Caltex started a bidding war for
>Challenge.
>I wouldn't have thought that the Commerce Commission would put a "block" on
>Caltex
>going for it.
>Mick
>
>-----Original Message-----
>From: G Stolwyk [mailto:stolwyk@wave.co.nz]
>Sent: Monday, 9 April 2001 14:22
>To: sharechat.co.nz
>Subject: Re: RE: [sharechat] Re- Rubicon
>
>
>
>Mick,
>
>I think that it will go for more than $ 20 mill. irrespective of their
>market share.
>
>You will recall that at first Challenge caused problems with price cutting
>and when Gull stepped in, another potential headache arrived on the scene.
>
>Competitors would be keen to get rid of at least one of these two
>companies!!
>
>As there are more companies in the market, the Commerce Commission may
>approve a sale to existing companies and Gull would get such an approval
>first!
>
>If both Gull and Caltex think that they have something to gain in securing
>additional critical locations and / or securing the supply installations at
>the ports, then so be it!
>
>
>Gerry
>
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you are not the addressee, you may not copy. Forward, disclose or use any
part of this message or its attachments in any way.  If you have received
this message in error please notify the sender immediately by return e-mail
and delete it from your system.

Internet communications cannot be guaranteed to be secure or error- free, as
information could be intercepted, corrupted, lost, arrive late or contain
viruses.  Eskimo Logistics Group and its subsidiaries, therefore does not
accept liability for any errors or omissions on the context of this message
which arise as a result of Internet transmission. 

Any views expressed in this message are those of the individual sender and
may not necessarily reflect the views of Eskimo Logistics Group Ltd.
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