Forum Archive Index - August 2001

["Roy McCallum" <roy.mccallum@xtra.co.nz>]

Farmer shareholders of NZ Dairy are questioning the sense of the $ 27m
spent on WRI shares last month. RD1 has is not wholly owned by NZ Dairy
- a proportion is held by ASB and others so the reason for the share
purchase by RD1 of WRI is confused.

Kiwi Dairies the other major dairy in the about to merge Fronterra owns
Fencepost, a similar company to RD1, which will also probably to be
included in any restructuring of the industries rural supply stores.

A farmer cooperative like Fonterra often takes a role both in processing
and marketing products locally and internationally but also in the
farmer supply business with the intention of keeping producer costs
down.

Wiseness or recognition of the unnecessary is often not seen as being
important in a farmer cooperative!


-----Original Message-----
From: owner-sharechat@sharechat.co.nz
[mailto:owner-sharechat@sharechat.co.nz] On Behalf Of ma debat
Sent: Friday, 31 August 2001 3:59 p.m.
To: sharechat@sharechat.co.nz
Subject: [sharechat] Re Wrightson

Is Fonterra going to retain RD1.com and Wrightson?  Given that their
focus 
is now better postioned to the International market is it necessary or
wise 
for them continue with a presence in the farmer supply business?

Matt

_________________________________________________________________
Get your FREE download of MSN Explorer at
http://explorer.msn.com/intl.asp


------------------------------------------------------------------------
----
http://www.sharechat.co.nz/          New Zealand's home for market
investors
------------------------------------------------------------------------
----
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.