Forum Archive Index - September 2001
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[sharechat] ShareChat upgrades
Hi everyone,
Just a quick note to say that we've upgraded the ShareChat site with a
faster server and some big improvements to our systems.
As always, if you notice any problems with the website, please feel free to
mail myself (will@sharechat.co.nz) or one of the team
(comments@sharechat.co.nz) personally - we'd be happy to help.
Best regards,
Will
_______________________________________________________________________
Will Bryant ShareChat technical manager
will@sharechat.co.nz http://www.sharechat.co.nz/
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From: "tennyson@caverock.net.nz" <tennyson@caverock.net.nz>
To: sharechat@sharechat.co.nz
Date: Sat, 1 Sep 2001 14:20:59 +0000
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Subject: RE: [sharechat] Re Wrightson
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>Snoopy wrote:
>
Roy McCallum wrote:,
>
>
> The RD1 www.rd1.com
> and Fencepost www.fencepost.com operations are serious businesses
> selling to the same target market as Wrightson etc but without
> livestock stock and wool services. Although both are attempting an
> entry into livestock transactions via a web service. The major
> strength they have in dealing with dairy farmers is payments are
> made by direct deduction from milk payments - no bad debts and
> prompt payment 20th month following. Yes the names are a little
> perverse.
>
>
Isn't that bad for farmers? By that I mean, wouldn't they be better
capital managers if they were to go to a retailer (like an
independent Wrightson) that was able to offer them more credit?
>
>
>
> Fronterra only have 20% of WRI. Not really enough to *demand* the
> shots, even if they are the largest shareholder.
>
> That's the interesting bit - is 20% a starting base for building a
> platform for increased influence? Or is it just a silly adventure?
> What are the potentials for RD1 to buy a greater share of WRI and at
> what price?
>
>
As I see it, with the new takeover laws , the *only* way forward for
RD1.com from here is to make a bid for *all* of the remaining
Wrightson shares. Maybe they could wait for a business downturn and
make a low bid so that not all shareholders accept? Or maybe that
could "do a Lion Nathan" and make a two tier bid such that it is
attractive for shareholders to sell some of their shares, but not
all.
>
>
>>I notice that there are two new directors being nominated for
>>Wrightson at the AGM. 'Henry William van der Heyden' and 'Philip
>>Michael Smith'.
>
>Both are directors of NZ Dairy I believe. Van der Hayden was one
>time chairman of NZ Dairy and is now a director of Fronterra.
>Michael Smith was once Chairman of Lion Nathan's China subsidiaries
>and now a director of Fronterra, also AIA.
>
>
So there is *still* no-one on the board with any retailing
experience. Even Dr Freeth is a merchant banker by training.
Absolutely amazing! It looks to me like the change of guard from
GPG to RD1.com was simply a change of hijackers.
>
>
>It appears I may have introduced you fellows to the secret part of
>NZ's economy - that based on the cooperative dairy industry - it has
>capital and is bent on expansion both locally and internationally.
>
>
Interestingly, when the options for a hypothetical, at that
time, a hypothetical "Global Co" were being discussed one of the
options was a partial pubic float to gain new capital. One of the
prominant economists, (was it Gareth Morgan?), suggested that as a
co-operative Global Co. would be *short* of capital for what it would
need to do in the future.
Maybe part of the Global Co./ RD1.com strategy is to gain some of the
future expansion capital needed from other farmers via profitable
retailers like Wrightson?
>
>
> How can non dairy farmer investors get a benefit from that?!
>
>
Indeed, if dairying now makes up our largest single class of exports,
it is poor that the nz investor has such a difficult time getting a
piece of the action. SNOOPY
---------------------------------
Message sent by Snoopy
e-mail tennyson@caverock.net.nz
on Pegasus Mail version 2.55
----------------------------------
"You can tell me I'm wrong twice,
but that still only makes me wrong once."
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From: "G Stolwyk" <stolwyk@wave.co.nz>
To: "sharechat.co.nz" <sharechat@sharechat.co.nz>
Subject: [sharechat] Film piracy and encryption
Date: Sat, 1 Sep 2001 12:25:04 +1200
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A solution to film makers' and exhibitioners' worries?=20
An article discussing this:
http://www.nytimes.com/2001/08/30/technology/circuits/30PIRA.html=20
Gerry
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<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>A solution to film makers' and =
exhibitioners' =20
worries? </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial size=3D2>An article discussing =
this:</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://www.nytimes.com/2001/08/30/technology/circuits/30PIRA.html=
">http://www.nytimes.com/2001/08/30/technology/circuits/30PIRA.html</A></=
FONT> </DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Gerry</FONT></DIV>
<DIV> </DIV></BODY></HTML>
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From: "Colin Ross" <ceejaynz@xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Subject: [sharechat] Fonterra and Farmer co-ops
Date: Fri, 31 Aug 2001 22:58:29 +1200
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A word of caution about Agricultural supplies.
While Fonterra is Farmer-owned, my opinion is that they will require the =
trading subsidiaries that supply the shareholders, to operate at small =
or even no profit margin.
Furthermore, consider the impact this kind of policy will have on the =
pricing structures of alternative, for profit traders.!!!
I speak as one who used to attempt to trade in this kind of =
environment.
Eventually the suppliers may cease to be dominant in Fonterra - but they =
should be cautious - look what happened to the pip-fruit growers and =
Enza !
Ceejay
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<DIV><FONT face=3DArial>A word of caution about Agricultural=20
supplies.</FONT></DIV>
<DIV><FONT face=3DArial>While Fonterra is Farmer-owned, my opinion is =
that they=20
will require the trading subsidiaries that supply the shareholders, to =
operate=20
at small or even no profit margin.</FONT></DIV>
<DIV><FONT face=3DArial>Furthermore, consider the impact this kind =
of policy=20
will have on the pricing structures of alternative, for profit=20
traders.!!!</FONT></DIV>
<DIV><FONT face=3DArial>I speak as one who used to attempt to =
trade in=20
this kind of environment.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial>Eventually the suppliers may cease to be =
dominant in=20
Fonterra - but they should be cautious - look what happened to the =
pip-fruit=20
growers and Enza !</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial>Ceejay</FONT></DIV></BODY></HTML>
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From: "G Stolwyk" <stolwyk@wave.co.nz>
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Subject: [sharechat] Film piracy and encryption
Date: Sat, 1 Sep 2001 11:59:09 +1200
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A solution to film makers' worries?=20
An article discussing this:
http://www.nytimes.com/2001/08/30/technology/circuits/30PIRA.html=20
Gerry
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<DIV><FONT face=3DArial size=3D2>A solution to film makers' worries? =
</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=3DArial size=3D2>An article discussing =
this:</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://www.nytimes.com/2001/08/30/technology/circuits/30PIRA.html=
">http://www.nytimes.com/2001/08/30/technology/circuits/30PIRA.html</A></=
FONT> </DIV>
<DIV><FONT face=3DArial size=3D2></FONT> </DIV>
<DIV><FONT face=3DArial size=3D2>Gerry</FONT></DIV></BODY></HTML>
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