Forum Archive Index - January 2002

["andrew cottingham" <arco@adinfinitum.co.nz>]

Interesting that its up 1c (231/232) at the moment on higher volume already
than yesterdays total. (Presently 143409).
Andrew
Disc - Still holding, but must admit feeling uneasy. Watching very closely.

----- Original Message -----
From: Ben Dutton <bendutton@sharechat.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, January 08, 2002 10:32 AM
Subject: Re: [sharechat] FRU


> Nick,
>
> I can't help but feel a bit cynical about this sudden negative turnaround
in
> predicting FRU's future prospects.  When the Danone bid was first
announced
> the majority of "analysts" blasted it for being far too cheap.  What a
> difference a month makes huh.  Maybe Forbes Global got it very wrong -
maybe
> Frucor isn't one of the world's 20 best small companies anymore.
>
> One thing is for certain - Danone's spin doctors have done a great job in
> talking down FRU's prospects - they should be congratulated for a job well
> done.  As an aside - in the independent committee's latest letter they say
> this:
>
> "in the rapidly rationalising global beverage industry, a strong partner
> should facilitate growth of Frucor's brands".
>
> While that will be great for FRU's new owner (should the bid succeed), New
> Zealand will have lost another great company.
>
> C'est la vie?
>
> Best, Ben
>
> (Disc. do not hold FRU).
>
>
> ----- Original Message -----
> From: <nickk@quicksilver.net.nz>
> To: <sharechat@sharechat.co.nz>
> Sent: Tuesday, January 08, 2002 8:21 AM
> Subject: [sharechat] FRU
>
>
> >
> > Oh yeah... i forgot to add...the independent wise guys still consider
the
> > $2.35 'unfair' but now consider it 'reasonable'.
> >
> > HAve fun
> >
> > NK
> >
>
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