Dod101 wrote:
Ian You must do what you feel most comfortable with, but Unilever is still a good business despite this kerfuffle.
Dod
Thank you Dod. In fact I’d go so far as to say they’re a great company.
Ian
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Dod101 wrote:
Ian You must do what you feel most comfortable with, but Unilever is still a good business despite this kerfuffle.
Dod
ayshfm1 wrote:I would like to say I don't actually think Unilever management have done that good a job.
Given the basket of brand etc it's a company that just about any muppet could run.
As Peter Lynch said
"Invest in businesses any idiot could run because someday one will."
Unilever is a good example of one of those businesses.
ayshfm1 wrote:I would like to say I don't actually think Unilever management have done that good a job.
Given the basket of brand etc it's a company that just about any muppet could run.
As Peter Lynch said
"Invest in businesses any idiot could run because someday one will."
Unilever is a good example of one of those businesses.
Dod101 wrote:The trouble for Unilever is that nowadays everything is focussed on the next set of results and financial so-called 'efficiency'.
That is why I like family controlled companies. They do not need to worry about predators, only long term survival, by being efficient at the business end and nearly always conservatively managed.
Dod
Dod101 wrote:I do like family controlled companies but I do not hold many at the moment.
Dod101 wrote:Well I think they have done a good job to have survived in their current form for 90 years or so. ...
ayshfm1 wrote:Given the basket of brand etc it's a company that just about any muppet could run.
As Peter Lynch said
"Invest in businesses any idiot could run because someday one will."
Unilever is a good example of one of those businesses.
Dod101 wrote:I at least was not writing about the current management over the 90 years since the merger. I think that is obvious. ...
Unilever Chairman wrote: We believe it to be unlikely that abolition will not happen, but nevertheless we have a robust fallback solution which is free of Dividend Withholding Tax.
mattman74 wrote:Just received this via email - it is a circular from the Unilever chairman.
It looks as though they may be a bit worried....
...I am still not convinced that this proposal is in my best interests. Still it is interesting to see Unilever's argument.
Breelander wrote:For a nominee holder like me, the question is whether your broker can hold CDIs in their nominee account. I know from previous experience with the Vodafone/Verizon deal where Verizon CDIs were issued that some brokers won't hold them. I have yet to find out if the one holding my ULVR can or cannot - they haven't said (yet).
Alaric wrote:That's how Shell works and I'm not aware of any Broker refusing them.
Wasn't the problem with Verizon that it was an American share, with all the complications that might ensue?
Breelander wrote:mattman74 wrote:Just received this via email - it is a circular from the Unilever chairman.
It looks as though they may be a bit worried....
...I am still not convinced that this proposal is in my best interests. Still it is interesting to see Unilever's argument.
My main concern is that the new shares will be Crest Depository Interests (CDI).
For a certificate holder that means they will not get a replacement certificate, rather they will get a single-company nominee holding held initially by the registrar.
For a nominee holder like me, the question is whether your broker can hold CDIs in their nominee account. I know from previous experience with the Vodafone/Verizon deal where Verizon CDIs were issued that some brokers won't hold them. I have yet to find out if the one holding my ULVR can or cannot - they haven't said (yet).
ayshfm1 wrote:The Kraft bid tells us that at least someone thinks they can run it better than the current encumbents.
ayshfm1 wrote:The nub of the withholding tax question for me, no matter how it gets dressed up, is that we have to put our trust in the Dutch Government to play fair (and all subsequent governments). Once the money comes in via Holland then it doesn't matter how robust the scheme is on paper it can be rendered fragile with sweep of a Dutch legal pen.
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