Re:
It s looks more like thst they re preparing their group for a merger
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No not jardine- they hate each . I have no restrictions.
I re-read their motions : 70 mio capital+ 300mio additionnal debt -
Very heavy on their balance sheet.
No clarity,no description of fund use and asking for entire powers to be given to
mgt.
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Yes they can buy back up to10% of their shares at max price 35 on the mkt. If i sell to them its at current mkt price 17.40
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I doubt...but if it s the case better for me
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84 i need them to give in on the brands . Yves spoke to Kathy . He was fuming against Pillsbury and wants to stop using them
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I dont think they are going to sell. i think they are buying back, shares and issuing new ones. i see no real problem for you, none
you own. sale transfer etc.
maybe , with jardine, but doubtful, -- do you have restrictions on the shares.
but they have asked for for permission to buy in common shares. up to 35 e , each; so do i understnd correctly that you could sell your 5 imllion shares to anyone?
so they are raising debt in an attempt to get their stock price up. its a good
move
yes, lye gone through all their numbers and have spoken to friends. i see no problem for you, and in fact if i were to sell them your stock i woudl make it at a price that reflected the movement over the next two years. ( the term of the new directors. ) so see the 5.3 million shares at the hightest 5 day average over the next two years. 17 50 now. plus balance .
speak?
Yes
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