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Chiquita Brands International Inc. Message Board

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  • the_gauchoamigo the_gauchoamigo Feb 2, 2002 5:38 PM Flag

    will cqb be delisted?

    this one

    1) Seems to be squabbling already between debters.
    2) There still is a lot of sub debt. Do bondholers, soon to be debtholders understand the debt rights of the lenders to the subs?, do they understand PACA?
    3) With regard to last qustion - what has been MGMTs ability to forecast in past - answer - not real good - How did they miss the expansion in the early 90s in Ecuador? How did they miss the Euro rate forecasts? Are they able to deal with forecasting the corn crop in the upper Midwest? How are they dealing with Fleming and the big K? What do FYFFES, FDP, and DOL have up their sleeve?
    4) What are the assumptions that lead to the long term projections? Are there wll grounded facts behind the numbers that these guys love to tumble?

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    • Folks,

      Listen to Gaucho. He knows. Keep inmind that current banana folks have "blown it" year after year. Why would they get it right this time. Also, the vege folks Sr. Mgt. are all new, and are making the numbers look good, for the potential new owners they soon may get.

      141 shares of old for each new, and a new anticipated price of $14.-- per share, ='s an equivalent current share value of $.10/share, plus warrants, whatever they may be worth, if they ever are indeed worth anything.....

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