Forum Archive Index - November 2003

[nickk@quicksilver.net.nz]

Snoopy 

What is your position on WRI? 

 From memory you raved about the company for a while.  Do you still hold?  
Can you put a positive spin on this one a-la RBD?
Cheers 

nk 

mixtrader writes: 

> 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?
 

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