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[sharechat] FFS

From:	"G.P.Thompson" <gp.thompson@bitworks.co.nz>
Date:	Sat, 19 Aug 2000 12:29:51 +1200

What a saga.

I've been following FFS for 5 months now with the strategy of seeing it through to disvestment. On the way have passed up many opportunities to trade working on the dictum that it pays to stick to your original strategy.

I agree with both Derek and Warner in that the dispute with CITIC is a sideshow. I have mentioned earlier that CITIC may well be a potential bidder. Note that CHH have just announced sales to China where they are now in a wood deficit situation. They need long term supplies of the stuff. Have patience and hang in there. An announcement will probably come when we least expect it.

GPT

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