dont know if anyone saw q & a sunday looked like winstones not happy about all the infant formula going to china .... probably wants it going other places as well?
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dont know if anyone saw q & a sunday looked like winstones not happy about all the infant formula going to china .... probably wants it going other places as well?
[QUOTE=bull....;706637]dont know if anyone saw q & a sunday looked like winstones not happy about all the infant formula going to china .... probably wants it going other places as well?[/QUOTE) If Pike River is an example of anything other than rhetoric, then there's nothing to worry about.
That's until we get Foot and Mouth or something like that in NZ Couta. Something that stops our exports dead. Or Mr Peters really upsets the Chinese and they decide to buy their baby food from elsewhere. Yep, everything would drop.....but people would still need power....trademe....etc etc. I'm all for some diworsification, and yes, there is a cost to this as well.
Cheers
RTM
Bright Dairy holds 39%. This is a big stake, but technically not a "controlling" stake.
And personally I must say - while there always will be shareholders who put their own agenda above the interest of all share holders do I not think that this attribute has anything to do with race or nationality.
As well - after the CBL debacle (as well as looking into many of the deads which happened in the aftermath of the GFC in the NZ Finance industry) do I rather have a bunch of Chinese investors on board of the companies I am invested in than a handful of Kiwi and Samoan dignitaries ...
Self interested, crooked and / or incompetent board members are coming from all races and nationalities including our own.
Google/Yahoo Finance charts have ATM at 129.1 (someones missed a decimal). Someone want to buy from me at their market price?