PGW - PGG Wrightson

[kiwico]

Yeah, how about some explanation regarding the Tiger to Leopard situation? The adage goes you felines can't just change spots / stripes, eh?

Maybe he's a Mac fan; Mac OSX moved from Tiger to Snow Leopard (via Leopard). Watch out for Lion or Mountain Lion next, followed by Mavericks and then Yosemite and its various peaks.

[golden city]

Could be bold ideas. But possible allied farmer could do a capital raising to leverage buy out pgw merger into one entity

[Snow Leopard]

Yeah, how about some explanation regarding the Tiger to Leopard situation? The adage goes you felines can't just change spots / stripes, eh?

It is a long story.

It needs to be told over a good bottle of wine or two, preferably accompanied by a good cheese, and bread. Some olives would be nice too.

Yak momos and Lhasa beer would be more appropiate, but you can get neither of them here.

But if you are lucky I may put up a picture of the rock.


Meanwhile, still no takeover announcement..

[winner69]

Don’t make too much money at the end of the day on those $1.4 billion odd of sales do they

Like how they started with a great story until they used the word ‘however’

Many code words for come and buy us as well

http://nzx-prod-s7fsd7f98s.s3-websit...251/283243.pdf

[percy]

No mention of the big Swede problem.

[Beagle]

Don’t make too much money at the end of the day on those $1.4 billion odd of sales do they

Like how they started with a great story until they used the word ‘however’

Many code words for come and buy us as well

http://nzx-prod-s7fsd7f98s.s3-websit...251/283243.pdf

http://www.sharechat.co.nz/article/c...-improvinghtml
WOW...no way anyone can sugar coat that, what a shocker...run for the hills !
Wonder how they're getting on with their historical issues with the under funded pension liabilities...that's probably another horror story still to unfold.
I would be surprised if anyone now wanted to take this over other than at a real bargain basement price.

[winner69]

http://www.sharechat.co.nz/article/c...-improvinghtml
WOW...no way anyone can sugar coat that, what a shocker...run for the hills !
Wonder how they're getting on with their historical issues with the under funded pension liabilities...that's probably another horror story still to unfold.
I would be surprised if anyone now wanted to take this over other than at a real bargain basement price.

No worries -- once my mate Snoops normalises everything it will have been a great year ....and extrapolating that forward it'll all look honky dory

Beauty is in the eye of the beholder ...or a prospective buyer

[Raz]

No worries -- once my mate Snoops normalises everything it will have been a great year ....and extrapolating that forward it'll all look honky dory

Beauty is in the eye of the beholder ...or a prospective buyer

Im just amazed they have muddled on for so long, they have what I call the sleeper class shareholders :-)

[BlackPeter]

Im just amazed they have muddled on for so long, they have what I call the sleeper class shareholders :-)

You seem to have a point. This was a brutal profit warning (cutting the expected EPS into nearly half - down from 4.6 cts to 2.6 cts) and the market doesn't react at all. Hard to imagine how big the bang must be to wake these guys up ...

Who knows, maybe they read only the headline and the first paragraph ;

[Beagle]

No worries -- once my mate Snoops normalises everything it will have been a great year ....and extrapolating that forward it'll all look honky dory

Beauty is in the eye of the beholder ...or a prospective buyer

Yeah no worries...the other hound will get his snout and paws all over this and normalise the #$%& out of it and turn this into explosive profit growth with an extremely robust normalised outlook and then he'll normalise the under funded pension scheme for normalised earnings in a normal year so no worries there and all this will quickly be followed by a normalised takeover offer.

Nothing to worry about unless one thinks this whole normalisation process is a load of ….