Article: Woolworths boycott backed by shareholders

[marine1]

So much anger ...almost mistook you for Zwerp

So why don't some rich pro-Israel folk buy some shares and go counter these concerns raised. Grant makes it sound like a rather simple process.

I don't know perhaps they have more important things to worry about? Like making money and not being a bunch of anti semitic fktards

 

[IzZzy]

What vote does these shareholders have? What percentage of shares do they own? If I owned a voting amount of shares I would never support any action against my investment which would affect it negatively. It would directly affect my returns.

Article is inflammatory without this basic information, and at the worst deliberately ambigous so as to be biased. In any event, BDS clearly doesn't understand corporate law if they hope to pitch at an AGM and raise issues merri motu which are not on the agenda.

 

[marine1]

why not sell the shares if you do not believe in the company??

Well look who is part of BDS ..... then you will understand it. Muslims generally are outspoken on Israel. They won't a at anything about the Islamic countries though that wound be baaaaad

 

[Fulcrum29]

why not sell the shares if you do not believe in the company??

Because they want to be heard at the Woolworths AGM.

 

[Pitbull]

Why is everyone assuming these people own few shares? There are plenty of rich Muslims in SA. There's no need to think these people don't own a substantial number of shares.

I bet grantza would not want people to raise concerns at shareholder meetings, right? Or only about issues you agree with?

No one is disputing the fact that you have rich Muslims or even Large majority share holders in Woolworths. No rational man would fark up his big investment with comments like these. No person, not even a "Rich Muslim" would hurt his own investment /facepalm.

 

[w1z4rd]

Obviously not thats why the boycott is still carrying on.

It is, Woolies are not being blackmailed into submission, thats the right thing to do. Dont allow people to terrorize you into doing something.

Theyre doing peachy The only losers here are the people trying to bully woolies into caving in.

 

[IzZzy]

No one is disputing the fact that you have rich Muslims or even Large majority share holders in Woolworths. No rational man would fark up his big investment with comments like these. No person, not even a "Rich Muslim" would hurt his own investment /facepalm.

I don't think this logic is correct. For some, they would rather it burn than live and contravene ethical laws and boundaries.

 

[marine1]

No one is disputing the fact that you have rich Muslims or even Large majority share holders in Woolworths. No rational man would fark up his big investment with comments like these. No person, not even a "Rich Muslim" would hurt his own investment /facepalm.

Appears some Muslims would.
But then again many of them also support groups like ISIS and Al q. Sending money to them.

 

[Pitbull]

I don't think this logic is correct. For some, they would rather it burn than live and contravene ethical laws and boundaries.

With that ethics they would have sold their Woolworths shares in protest not so?

Come on... are you reading what you're saying

 

[RandomDesign]

so a company boycott is being supported by boycotters who purposefully bought shares in the company in order to further boycott the company they now have shares in

 

[Nerfherder]

What vote does these shareholders have? What percentage of shares do they own? If I owned a voting amount of shares I would never support any action against my investment which would affect it negatively. It would directly affect my returns.

Unless you were trying to instigate some kind of hostile takeover...

"The group of businessmen that hold shares in Woolworths have made it clear that they are concerned regarding the increasingly irresponsible manner in which the management of Woolworths is handling the boycott Woolworths campaign," shareholder representative Nadia Hassan told reporters in Johannesburg

Oh would you look at that.


Its probably a bunch of chops who went out and spent R5 in woolies shares.

 

[Space_Chief]

No one is disputing the fact that you have rich Muslims or even Large majority share holders in Woolworths. No rational man would fark up his big investment with comments like these. No person, not even a "Rich Muslim" would hurt his own investment /facepalm.

You're assuming that not speaking to these protesters as per claims of these investors would result in reduced income and so profit. But that's not necessarily so.

 

[marine1]

Hostile takeover? The only word there that explains them is hostile. They couldn't take over anything

 

[Nerfherder]

Hostile takeover? The only word there that explains them is hostile. They couldn't take over anything

With enough money you can take over anything.


Its easy... buy shares... devalue shares, buy more shares... till you have enough.

 

[Pitbull]

so a company boycott is being supported by boycotters who purposefully bought shares in the company in order to further boycott the company they now have shares in

Yip, luckily people like this are born every minute. The world will never be a dull place

 

[marine1]

With enough money you can take over anything.


Its easy... buy shares... devalue shares, buy more shares... till you have enough.

You think Woolworths and their legitimate shareholders will alow these morons to continue this

 

[Nerfherder]

You think Woolworths and their legitimate shareholders will alow these morons to continue this

Oh I doubt it.

If they are trying to do something stupid like this its definitely going to fail horribly.

 

[Pitbull]

Oh I doubt it.

If they are trying to do something stupid like this its definitely going to fail horribly.

Never get between a Jew and his money... NEVER!!!

 

[Rusty0]

It is, Woolies are not being blackmailed into submission, thats the right thing to do. Dont allow people to terrorize you into doing something.

Theyre doing peachy The only losers here are the people trying to bully woolies into caving in.

Woolworths are feeling it though.
Its not all "peachy"
Shares are declining, theyve been on sale since July, they not in trouble but they will have to do something about it.

 

[Paul Hjul]

Obviously not thats why the boycott is still carrying on.

the fact that there remains a boycott is irrelevant to the the handling of the situation by Woolworths management and is a consequences of the misguided nature of the protest itself

My criticism of Woolworths management is not in the vain that they should change their "macro" statement or "cave in" or anything of the sort but rather that with respect to the nuances of dealing with legality and illegality of the occupation of space- IMHO they should have approached the courts earlier and have acted in concert with the various centres management and SAPS to ensure peaceful gatherings outside the stores rather than allowing an escalation and demonstrating passive aggression to reach the point at which you have riotous protest.