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belgarion
09-11-2009, 11:52 AM
Cedenco Foods. Used to trade under the CED code (I think?).

http://www.stuff.co.nz/business/industries/3045458/Cedenco-Foods-in-receivership

I held shares in these guys for a very short while but further research led me to believe that the major holder US based(?) SK Foods was a very unsuitable partner, let alone, major holder. Some of their management fees left me very concerned and how they exchanged products also worried me.

Anyone got any more info about what happened here?

BTW: Some assets might be worth aquiring ;)
troyvdh
09-11-2009, 12:01 PM
...and what about the halt in Windflow shares....no more turbines being built in NZ....??
minimoke
09-11-2009, 12:43 PM
...and what about the halt in Windflow shares....no more turbines being built in NZ....??
Or that could be "no more turbines in NZ" - Meridian lost thier chance for the southern hemispheres largest windfarm down south last week.
winner69
09-11-2009, 02:48 PM
Cedenco Foods. Used to trade under the CED code (I think?).

http://www.stuff.co.nz/business/industries/3045458/Cedenco-Foods-in-receivership

I held shares in these guys for a very short while but further research led me to believe that the major holder US based(?) SK Foods was a very unsuitable partner, let alone, major holder. Some of their management fees left me very concerned and how they exchanged products also worried me.

Anyone got any more info about what happened here?

BTW: Some assets might be worth aquiring ;)

Ah Belg ..... used to be one of the more discussed stocks on sharetrader many years ago .. always cheap as and great future potential .... think Dimebag loved this one to death

I think the yanks bailed out at the time they delisted and sold it to the current owners
scamper
09-11-2009, 06:44 PM
gosh, dimebag, now there's a name from the past.
Is he still around?
winner69
09-11-2009, 07:33 PM
gosh, dimebag, now there's a name from the past.
Is he still around?

Was Cloudnine's favourite too --- has he a new name now?
winner69
09-11-2009, 07:38 PM
gosh, dimebag, now there's a name from the past.
Is he still around?

Dimey ended at as an analyst for one of NZ leading broking houses .... advising clients what to put their dosh into I presume ... won an award as rookie of the year (it wasn't named that but something like best newcomer or something) at last years industry awards