Fraser & Neave (F & N)

(23-10-2012, 01:05 PM)Behappyalways Wrote: Looking back, I think Temasek did not realise the full value of this company. Not even Mr Lee Junior who is working in the company....

Temasek has invested so much in companies which some ended in failures.....Why did it not grow its stake in F&N or even take over APB given its financial muscle. There are so many areas to grow....you can increase the outreach of the products from Southeast Asia, you can sell those uncarbonated healthy drinks to Europe and etc. You can use your financial muscle to add products to the company and not to forget Breweries like Myanmar Brewery has great potential.....

what a waste when such a gem is sold away.........

Temasek is like a fund... they usually don't micro manage their holdings.
i would blame ocbc and Ge for selling their stake...the management seem lacking in EQ!

(23-10-2012, 01:24 PM)WolfT Wrote:

(23-10-2012, 01:05 PM)Behappyalways Wrote: Looking back, I think Temasek did not realise the full value of this company. Not even Mr Lee Junior who is working in the company....

Temasek has invested so much in companies which some ended in failures.....Why did it not grow its stake in F&N or even take over APB given its financial muscle. There are so many areas to grow....you can increase the outreach of the products from Southeast Asia, you can sell those uncarbonated healthy drinks to Europe and etc. You can use your financial muscle to add products to the company and not to forget Breweries like Myanmar Brewery has great potential.....

what a waste when such a gem is sold away.........

Temasek is like a fund... they usually don't micro manage their holdings.
i would blame ocbc and Ge for selling their stake...the management seem lacking in EQ!

how can OCBC or GE manage F&N better? they just hold shares in F&N, they can't help much on F&N's operation.

the price OCBC and GE gets is a decent price already. if not for ThaiBev, F&N will remain below $7 for a very long time.

(23-10-2012, 01:45 PM)freedom Wrote:

(23-10-2012, 01:24 PM)WolfT Wrote:

(23-10-2012, 01:05 PM)Behappyalways Wrote: Looking back, I think Temasek did not realise the full value of this company. Not even Mr Lee Junior who is working in the company....

Temasek has invested so much in companies which some ended in failures.....Why did it not grow its stake in F&N or even take over APB given its financial muscle. There are so many areas to grow....you can increase the outreach of the products from Southeast Asia, you can sell those uncarbonated healthy drinks to Europe and etc. You can use your financial muscle to add products to the company and not to forget Breweries like Myanmar Brewery has great potential.....

what a waste when such a gem is sold away.........

Temasek is like a fund... they usually don't micro manage their holdings.
i would blame ocbc and Ge for selling their stake...the management seem lacking in EQ!

how can OCBC or GE manage F&N better? they just hold shares in F&N, they can't help much on F&N's operation.

the price OCBC and GE gets is a decent price already. if not for ThaiBev, F&N will remain below $7 for a very long time.

On hindsight, everyone can do a perfect deal...

I agreed with freedom, the price is reasonable then, with no GO announced, no potential counter offer etc. etc. OCBC and GE may be blamed for missing the boat, if history follows different route.

How can ocbc and ge sell F&N to an Thai coy?
I blame them not because they miss the boat but because they sell an singapore icon ,an heritage of ours to a outsider. They should protect it instead!

(23-10-2012, 02:32 PM)WolfT Wrote: How can ocbc and ge sell F&N to an Thai coy?
I blame them not because they miss the boat but because they sell an singapore icon ,an heritage of ours to a outsider. They should protect it instead!

OCBC and GE managements were mandated by shareholders to maximize profit, not to protect heritage...

(23-10-2012, 02:39 PM)CityFarmer Wrote:

(23-10-2012, 02:32 PM)WolfT Wrote: How can ocbc and ge sell F&N to an Thai coy?
I blame them not because they miss the boat but because they sell an singapore icon ,an heritage of ours to a outsider. They should protect it instead!

OCBC and GE managements were mandated by shareholders to maximize profit, not to protect heritage...

ya lar, thats why i say they no eq. Since then i boycott tiger beer and f&n!
next yr chinese new yr i will support yhs!

Everything in Singapore is for Sale..........
if the price is Right.

many years ago someone was worried that the banks were too powerful due to their crossholdings...... So rules were set that banks got to dispose or reduce their stakes in those companies.....would anyone spend time nurturing a baby if one knows that one day it would end up calling someone else's father

(23-10-2012, 02:32 PM)WolfT Wrote: How can ocbc and ge sell F&N to an Thai coy?
I blame them not because they miss the boat but because they sell an singapore icon ,an heritage of ours to a outsider. They should protect it instead!

F & N is a typical Warren Buffett type of stock. There are many gems in our own backyard that are not appreciated until an outsider comes in to show true value.

TCC Assets Ltd, a company linked to Thai billionaire Charoen Sirivadhanabhakdi, has extended the closing date of its $7.2 billion takeover offer for Fraser and Neave to Nov 8 from Oct 29. - Reuters