CNU - Chorus

[Bobcat.]

Today's announcements haven't exactly put a rocket under the share price have they.

Resistance at 133 will need to be broken before I'm convinced that the bears are no longer in control.

Edit: Well it took 60 mins but there's now some bullish sentiment that's lifted the sp above 133. Looks like time to buy as a short term trade.

[arc]

Interesting.
http://www.nzherald.co.nz/business/n...170733&ref=rss

When added with the comments made by JBWere's to "Lower your NZ exposure, to all NZ securities"

From my experience when a company uses words like "find ways to address a funding gap", the result is commonly a significant decrease in the quality of materials used to finish/complete the job.

There is more than one type of fibre cable, some are high bandwidth, same are medium, some are low
There is more than one make/model of Fibre Router. Some are industrial grade high volume devices, some... are not
There are other "devices" required to be placed inside each Telephone Exchange where the fibre terminates... again they are either quality/ or not


This whole thing is turning into a joke, and its backfired on us the public.

[Hoop]

Interesting.
http://www.nzherald.co.nz/business/n...170733&ref=rss

When added with the comments made by JBWere's to "Lower your NZ exposure, to all NZ securities"

Sue Sheldons comments ..advertising via media to the world' investors that NZ investment reputation is tarnished will not win her any friends in high places.... nor from NZ corporate.....I suspect she will activate damage control when her Xmas Cards fail to arrive in the mail....

[Balance]

Interesting.
http://www.nzherald.co.nz/business/n...170733&ref=rss

When added with the comments made by JBWere's to "Lower your NZ exposure, to all NZ securities"

Of course the silly cow (who has presided over horrendous costs over-runs and delays) is now trying to shift the blame to others.

DO YOUR JOB, WOMAN!

As one NBR poster summarised :

"Is Chorus NZ's worst managed and worst-governed company?

Methinks they take both prizes, exceeding even the old finance companies, the old Air NZ under private ownership, Feltex, the old Telecom - jeez the list of contenders goes on and on.

Not sure why Chorus shareholders are not demanding change in directors and senior management, who cannot run a company - a regulated monopoly! - for the benefit of shareholders."

[Xerof]

Seemed quite straightforward to me

no dividends, a rights issue, and a degradation of service to cut costs

and everyone elses fault - commcomm and Labour/greens

[Hoop]

Seemed quite straightforward to me

no dividends, a rights issue, and a degradation of service to cut costs

and everyone elses fault - commcomm and Labour/greens

Yep...That will do Xerof.........but you forgot to add performance bonuses for top management

[Bobcat.]

Yep...That will do Xerof.........but you forgot to add performance bonuses for top management

...and Government putting some sweetners into the CNU/CFH contract variation so as (to be seen to) recover some integrity in the NZ investment environment, without having to intervene by way of limited ownership or legislation. Key and his sidekicks will need to walk the tightrope on this one.

[peat]

Sue Sheldons comments ..advertising via media to the world' investors that NZ investment reputation is tarnished will not win her any friends in high places.... nor from NZ corporate.....I suspect she will activate damage control when her Xmas Cards fail to arrive in the mail....

I guess she's just batting for her team like anyone would and in any case she's already in high places - on the boards of RBNZ, Contact, Freightways, Paymark.

A very staunch negotiator in my experience.

[Bobcat.]

A very staunch negotiator in my experience.

It will interesting to see then how well she and her underlings negotiate the upcoming contract variation with CFH...Chorus's future may well depend on it.

On paper, CNU's negotiating position is not very strong and so their personal persuasiveness will need to compensate.

[Stu]

Of course the silly cow (who has presided over horrendous costs over-runs and delays) is now trying to shift the blame to others.

DO YOUR JOB, WOMAN!

As one NBR poster summarised :

"Is Chorus NZ's worst managed and worst-governed company?

Methinks they take both prizes, exceeding even the old finance companies, the old Air NZ under private ownership, Feltex, the old Telecom - jeez the list of contenders goes on and on.

Not sure why Chorus shareholders are not demanding change in directors and senior management, who cannot run a company - a regulated monopoly! - for the benefit of shareholders."

Balance kicks off with a misogynistic slur and finishes it off quoting from a random bloke (who may or may not be Balance) posting anonymously on NBR.
Consistent at least.