Goodman Fielder Limited

By Intelligent Investor · 13 Dec 2002

By Intelligent Investor ·
13 Dec 2002

Recommendation

GPT Metro Office Fund - GMF

Current price

$2.52 at 16:35 (03 November 2016)

Price at review

$1.78 at (13 December 2002)

All Prices are in AUD ($)

Our recommendation history on this food company hasn't been a particularly good one. For many years Goodman Fielder had been going nowhere and in the end we simply lost patience. But fortunately there has been an early Christmas present for those long suffering shareholders that chose to stick around. After coming back from the brink of corporate collapse only a few years ago, Burns Philp is now offering $1.85 per share in cash to takeover Goodman. This is a bold bid by Burns Philp and we have included a separate update on it to explain why. But for Goodman shareholders, the opening bid isn't normally the winning one. So keep doing what you're good at, HOLD FOR THE UPSIDE.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.

Goodman Fielder Limited

Recommendation

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password

Recommendation

Goodman Fielder Limited

Recommendation

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password

Join the Conversation...

Recommendation