Spoke to a guy who works for chorus today, he reckons the whole thing will end up getting retendered down the track, imagine if?
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Spoke to a guy who works for chorus today, he reckons the whole thing will end up getting retendered down the track, imagine if?
I suggest that Balance try actually reading the 2 letters/releases made by Chorus today and remove his invalid comments.
I would further suggest that Hoop hasn't made any friends or distinguished himself with his comments above. It would seem he needs to stick to "technical analysis"....
A brief tap on the old memory bank reveals (a) a major credit agency that stated it was thinking of lowering NZ's credit rating due to regulatory problems (the electricity sector and Chorus immediately spring to mind) and an overseas fund so burnt that it said that investing in NZ is worse than investing in Pakistan.
Similarly a brief look at the 2 Chorus releases yesterday, and at a previous release, says that Chorus has put down its fibre on time and on budget.
Yet people persist in these stupid propaganda statements -.....presumably they are the usual maladjusted crew who (a) belong to the Labour Party (b) belong to that twisted group TUANZ who in fact don't actually want to speed up fibre availability but do want to attack the government as in (a) (c) the usual suspects who have spouses/sons/daughters/relatives/friends/lovers working for one of the opposition companies...
Chorus is having a fairly good day today, big trades going through and depth looking good for a jump on retail investors.
MVT, my personal experience dealing with Chorus is that it is a grossly inefficient company.
To make matters worse, I can tell you that the crews hired by Chorus to lay the UFB are as bad as can be - three people doing the work of one. One crew member who complained about attitudes at work was blackballed, complained to HR and had to quit as no action was taken.
From personal experiences like that are the big picture made of a grossly mismanaged company - Teresa Gattung #2.
PS. I ain't no a, b or c above - just a very pissed off customer of Chorus.
Sorry to hear about your experience, Balance.
Interesting news on NBR:
Why Milford thinks Chorus has hit rock bottom - and it's snapping up shares
http://www.nbr.co.nz/article/why-mil...ng-dw-p-149995
It's not word for word the NBR article but similar:
http://www.nzherald.co.nz/business/n...171494&ref=rss
Prob same story for free
http://www.interest.co.nz/business/6...rminger-who-ne
So mark essentially says CNU is a dog ........but a deep value play.....so lets gamble with others money.
thanks guys, haven't had a chance to read news today just a quick peek on here now and then! :)