Whilst I
am a Frucor fan and am still short term bullish about them, I cant help but
worry about the extremely fickle/trendy nature of the market they are in. V etc
are all very popular “now” but the main consumers ie teenagers and twenty
somethings can change with the wind, Frucor will have to be constantly coming
up with “the next big thing” to remain a real long term growth prospect and hey
they may be able to do so.. but man I bet the marketing and product development
teams have high stress levels!!
Just think
of all the “trendy” drinks that have come and gone – does anyone remember Miami
Wine Coolers!!
Just a
thought
Andrew
-----Original
Message-----
From:
owner-sharechat@sharechat.co.nz [mailto:owner-sharechat@sharechat.co.nz]On Behalf Of nick
Sent: Tuesday, 27 February 2001 16:44
To: sharechat@sharechat.co.nz
Subject: [sharechat] Frucor a good
sign !!
Ok first off i admit im biased, i have always been bullish
about
Frucor and still am. The result yesterday was in line with most peoples
expectations.
Sure they fell short of the prospectus, however they set themselves
a very
high target, and have in my opinion performed very well.
The company continues to grow strongly, sure they have made a few mistakes
along
the way, but nothing that cant be put right.
They have top class products, are growing rapidly in the nz and aussie
markets,
and hopefully will have learnt some lessons in the uk.
Compared
with many of the results of the last few weeks, frucor
hasn
performed at all badly.
They
still made a good profit, which is likely to grow strongly over
the
next few years. How many companys in NZ can that be said about?
nick
