Forum Archive Index - May 2001

["Ben Dutton" <bendutton@sharechat.co.nz>]

Hi everyone, here's the summary of the ShareChat News from yesterday.

If you'd like to receive notification of breaking news stories and features
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Yesterday's ShareChat News:


GDC aims for improved interim

Tech communications company GDC says it's on track for an improved first
half result after a satisfactory start to the current financial year.

http://www.sharechat.co.nz/articles/20010517-GDCagm2001.shtml

**

Spectrum head resigns

Spectrum Resources executive director, Rob Levison, is leaving the company
and is not being replaced.

http://www.sharechat.co.nz/articles/20010517-SPEheadresigns.shtml

**

Infratil profit falls by half

Infrastructure and utilities investor, Infratil, has posted a 50% drop in
full-year profit because of lower realisation gains, higher interest and
lower dividend income.

http://www.sharechat.co.nz/articles/20010517-IFTfy2001.shtml

**

Retail growth positive

Figures for the March quarter show New Zealand's retail sales have continued
to increase, with growth at double the rate of the December quarter.

http://www.sharechat.co.nz/articles/20010517-NZECOretail0301.shtml

**

SI meat company buys into Richmond

South Island based meat company PPCS has pushed the price of shares in
listed meat processor Richmond to $3.00 after revealing it already holds 13%
of the company.

http://www.sharechat.co.nz/articles/20010517-RHDppcspurchase.shtml

**

Lion continues building wine stake

Brewer Lion Nathan wants another 4.5% of Montana after reaching its initial
5% target early Thursday.

http://www.sharechat.co.nz/articles/20010517-MONlion61percent.shtml

**

Further write-downs for Fletcher Building

Fletcher Building is warning that potential asset write-downs of up to $100
million are expected to impact its accounts to the end of June.

http://www.sharechat.co.nz/articles/20010517-FBUmorewritedowns.shtml

**

Best Regards

The ShareChat Team



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