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Forum Archive Index - February 2001

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[sharechat] Daily ShareChat News Summary

From: "Ben Dutton" <>
Date: Tue, 27 Feb 2001 06:14:54 +1300

Hi everyone, here's the summary of the ShareChat News from yesterday.

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Yesterday's ShareChat News:

Telecom Moves on Sky Appointment

Telecom has moved swiftly to be represented on the board of listed pay-TV
company Sky Television.


WAM Misses Auckland Contracts

Waste Management is taking legal advice after missing out on new Auckland
City refuse collection and disposal contracts.


Panel Agrees to Montana Inquiry

The Market Surveillance Panel has agreed to Montana's request a to look into
the purchase of shares in the winemaker by Lion Nathan earlier this month.


Reid Farmers Exceeds Forecast

Rural services company Reid Farmers has more than doubled its own profit
expectations by posting an interim net surplus of $2.66 million for the six
months to the end of December.


Renaissance Profit Trebles

Technology company Renaissance is predicting further growth this year after
recording a strong hike in profit in 2000.


Affco Boss Resigns

The chief executive of meat processing company Affco, Ross Townshend, is
stepping down after two and a half years in the job.


Frucor Lowers Full-year Targets

Beverage company Frucor has lowered final year revenue and profit targets
after paying a higher than expected price to buy back inventory in


The Investor Column: Invent Your Own Investment Cliches

To succeed in the share market, it helps to think and act differently from
the herd. There is no shortage of examples where the majority of investors
have pushed up share prices to ridiculous levels only to panic and cause a


Best Regards

The ShareChat Team

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