Originally Posted by
James Bond
I have been watching DPC/Viking closely for some time, and my impression is that VIK stopped selling quite some time ago. The Byrnes appointment is logical, the other guy has no finance company experience, DPC is no investment bank which is a totally different animal. In fact the only real job that can find that he has had is running a restuarant on Aucklands waterfront. I also note that the majority of Vik assets are in the unlisted IRG/Equity which combined could make a great investment. One being a research based investment house the other a retail investment shop with little research. Sounds like a logical strategy to me. BK at least seems to have a strategy in a sector he knows well, on the otherhand DPC has no strateg, but hopefully Byrnes will change that.:)