MULTI GROUP - a new beginning

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Mark WatsonMitchell - Fri, 02 Jan 04 :

Good evening game_boy - Happy New Year!

No - sorry I have no more news just yet.

However I am still convinced that the disposals are very close to announcement.

As for the big deal - well I would expect the disposals to come first and be judged by the market.

Thereafter who knows what might happen?

I have not spoken to new Chairman Oliver Cooke for a month, even so I am convinced that his game plan will show shareholders a good opportunity for capital gain.

And when I last spoke to Bob Morton, who is now the Company's biggest shareholder, he was very confident in Cooke and his ability to put rapidly into action his plan to see Multi Group recover its fortunes.

I do not think, however, that it will be through just operating tool hire centres.

Until more is known the shares are obviously a pure speculation on any or all of the above - even so I am holding on to my shares.

Regards

Mark


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