Forum Archive Index - November 2001

["nick" <helmett@xtra.co.nz>]

  If there is another buyer lurking then it is good that CSFB

are involved, they have consistantly been the most bullish

broker concerning the prospects of Frucor, and were probably

the first big brokering house to rate the stock a buy.

         My feeling is that if there are no other bidders then denoni

will happily pay up to around 1.75 for the remaining shares.

If there is another bidder then we are probably talking 3.00 plus.

     I know this is above what was considered fair value, however

the report dosent really take into account the value of Frucor

to a big company like danoni or cadbury schweppes.

     The best solution all round would probably be if danoni

get over 50% and the stock remains listed as Frucor.

 

     Nick