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Re: Re: [sharechat] Recomendation Buy AFFCO?


From: "G Stolwyk" <stolwyk@wave.co.nz>
Date: Sun, 25 Feb 2001 19:52:36 +1300


 
 
Paul,
 
I am an AFFCO  shareholder.
Not that much to report but they said that a dividend would depend on a quick end to the vet strike and they would let us know on 27 Febr.
 
Suggest you wait for that announcement.
 
Their web site : < www.affco.co.nz > does not yet refer to the meeting, however at the bottom of the page are some news items shown on a revolving bar. Click quickly on any item which appears and there you are!
 
The latest news is that Sweden is now checking if they have a BSE problem.
 
Unfortunately, there are  European import restrictions on beef; presumably others from the EEC are still supplying a reduced market.
 
 As one supplying country after another ' falls over ', there could be a case made- sooner or later- to free up the imports of beef traded by AFF!
 
Further scares re chickens have resulted in a heavy demand for fish and I believe that the market for certified lamb from outside  Europe is growing brighter by the day!  
 
Have you been in Europe and what did you learn?
 
Gerry
 
 
 

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