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Forum Archive Index - June 2001

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[sharechat] Daily ShareChat News Summary

From: "Phil Boeyen" <>
Date: Thu, 28 Jun 2001 05:37:27 +1200

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

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Restaurant Brands sales pick up

Restaurant Brands purchase of the Eagle Boy's pizza chain continues to
bolster quarterly sales although it's still hard to figure out growth trends

Consumer confidence falters but still positive

There's been a small drop in consumer confidence as New Zealanders digest
the effects of a deteriorating global economy

Advantage subsidiary leaves the nest

Advantage Group's (NZSE: ADV) internet software company, Viatx, is being
spun-off to a consortium led by its chief executive

Telecom opts out of mobile JV

Australian company Mobile Innovations says it will make a trading loss on
its New Zealand operations after Telecom chose not to proceed with a planned
joint venture

Close watch on hydro lakes

Hydro lake levels are showing some improvement but are still causing the
Government concern

Market stand for TrustPower shares

TrustPower shareholders Infratil and Alliance International are looking to
buy another 3.88 million shares in the electricity business

TrustPower buying sparks up a notch

Australian Gas Light has upped the stakes for control of electricity company

Best Regards

The ShareChat Team

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