Forum Archive Index - August 2001

["Malcolm Cameron" <malharcameron@hotmail.com>]

RIL
this is a typical example of australian management. as they seem to learn 
everything of the americans they need to get some KIWI"S to sort out there 
messes as before because when they use american's they usually get worse
Malcolm



>From: - RIL <ril_in_usa@yahoo.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] NGC loss
>Date: Wed, 22 Aug 2001 07:10:44 -0700 (PDT)
>
>A 300 mio loss and no one has anything to say about
>it.
>
>Why was Transalta bought? Why were the correct
>forecasts on electicity prices not made? Why were the
>price movements not hedged? Who is responsible?
>
>Do you no longer care about your money?
>
>If this had happened here you would have a hundred
>guys asking these questions of the company. I hope
>your investigative journalists are looking at this.
>
>Unbelievable, just unbelievable!!!
>
>Rack up another 300 mio to the 20 bn lost in the last
>fifteen years by NZ corporates. The Canadian boys will
>be as happy as clams.
>
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