Forum Archive Index - November 2003

[mixtrader <mixtrader@clear.net.nz>]

Yeh

 

I should have seen it coming but I didn't.  Wouldn't have sold current holdings - still well ahead, hope I don't just sit and watch it all evaporate but don't believe it will longer term.

 

Could be a time to buy these shares (though they may go further down yet).  I believe that fundamentally the company is in good health, the current state of the high dollar and somewhat depressed export market are what I think is slowing them down a bit.

 

I would love to hear others views on this company, particularly the current governance and management and what they are doing to shareholder wealth.  Recently was a bit on the topic of options and the dilution factor when options are exercised, I am more interested in opinions of future prospects for shareholder wealth creation and whether others believe (as I do) that these sort of rural service companies still play a major part in NZ Business.

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

From: philip@goodreturns.co.nz

To: Sharechat@Sharechat. Co. Nz

Sent: Tuesday, November 25, 2003 6:46 PM

Subject: [sharechat] WRI - Any comment?

Does anyone have a view on WRI’s latest downgrade?