Forum Archive Index - December 2001

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

Interesting.  Kiwis have a long memory of the "French arrogance" re
Greenpeace and I think this could be playing a part in this particular bid.
Not anti-French per se but Danone's "attitude" towards Frucor - continuing
to downplay its prospects (ok it's a game and their playing their part) -
doesn't seem to be going over well.  I also wonder if people aren't
comparing this Danone response with the takeover of PDL.  Another French
company but it went very smoothly thank you because of an extremely
attractive bid price - no time for anti-French sentiment when the price is
right.

So with this research they are obviously trying to figure their next move -
how much to offer to become the good guys, or should they just walk?

Cheers, Phil


----- Original Message -----
From: "Jefley Aitken" <jefley@xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, December 05, 2001 10:40 AM
Subject: [sharechat] danone research


> yesterday i was phoned by someone doing research for danone regarding my
> frucor bundle.
> the questions were quite clever in that they did not show a bias.  only
> after 'no i hadn't sold' and 'no i didnt want to sell to danone' did she
> gently ask why but couched it in terms of finance.  i had to initiate the
> offshore aspect, and volunteer as the last gasp that i still had the pip
> with the french (dominique prieur and alain marfart and their armed
> services employers).
>  i wonder how many other small investors include this prejudice in their
> decision-making?
> i also wonder if the continued telephoning by danone (something on
> sharechat a couple of weeks ago?) is helping to keep the price above the
> danone offer?
> my reading was split: either  the active research indicates room for
> further negotiation, or they are doing some widespread polling and will
> quit if they get too many responses like mine.
> any thoughts?
> regards, jefley
>
>
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