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Fresh Del Monte Produce Inc. Message Board

  • pdnnyc pdnnyc Jun 12, 2006 7:04 PM Flag

    Brandes Ups Stake to 10.2%

    I said a while back that we would see a big player stepping up. Brandes, a big value shop, has gone in a little deeper. I am sure that there will be more filings like this. As FDP gets more concentrated in hands like these, there will be more pressure on management to cut out the BS. A good sign.

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    • here the Russian and Med operators fear to tread, Lola steps fearlessly onwards.Once H2 figures are confirmed it will have become apparent that the volume of fruit Lola has shipped into the EU has had a disproportionate effect on pricing: the marketers have deliberately positioned themselves under the prices offered by the multi-nationals,discounting to gain market share. However the impact on its producer returns is less than it would be on the multi-nationals because of the relative absence of marketing infrastructure. This is the new environment in which Chiquita, Fyffes, Bonita and Dole in particular have to fight.There is less of an impact on Del Monte as it appears happy to admit there is no value in its banana brand,discounting at will.
      Reefertrends wk23/06

    • Did you clear your post with DCMORLANDO?
      Until then you are rendered nugatory!

 
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36.43-0.44(-1.19%)May 5 4:04 PMEDT