Forum Archive Index - October 2001

["Phil Boeyen" <pboeyen@sharechat.co.nz>]

Sarah

 

Although Bain is reportedly looking to sell I can't see this as a negative for the company, certainly not at this stage.  If a company with strong synergy opportunities (Cadbury Schweppes was mentioned this morning) was to take a holding this would provide benefits.  However if doubt over the stakeholding lingers that always brings a degree of uncertainty which the market hates. 

 

Like many stocks Frucor has been trading at lows recently although I note it was mentioned the other day by a broking house - can't remember which one - as a possible safe harbour because of its cashflow.  If you have been following the stock you will be aware that its price has been dominated by how well it is doing in the UK. Sales figures for the 2001 northern summer are currently anticipated and will have a bearing on the future price.

 

Cheers, Phil

 

 

----- Original Message -----

From: Broadway Developments Limited

To: sharechat@sharechat.co.nz

Sent: Monday, October 01, 2001 10:41 AM

Subject: [sharechat] Frucor Beverages

Am considering purchasing Frucor shares.  Understand that a major shareholder, Bain Pacific, which holds 31% stake in the company, wants to sell.

 

Would you expect this to have any effect on the share price ?  If this did cause a drop in the share price, how long would you expect this to last?

 

Regards

 

Sarah