This is an abridged version of the C-WIPHOLD case series, which describes turbulent time for the company from 1998 to 2002, his fate rose and fell in line with the black pieces in South Africa. In response to market signals, and in an attempt to eliminate the discount at which its shares are traded on the stock market and create value for shareholders, WIPHOLD decided to become a financial services in 1999. He then proceeded to a three-year plan to make this a reality. This decision to place it in direct competition with institutional investors, which were big financial companies. In addition, not enough power, WIPHOLD poached people from some of the same institutions. In 2002 came to an end, WIPHOLD revised its problems. How could that have to deal with more and more unmanageable institutional shareholders, who currently hold the majority of shares in WIPHOLD - of women being greatly diluted after the private placement. Although the agency does not agree with the strategy of promoting the activities the company believes that this is the right way to go. But the leader of the strategy, its financial company WIPcapital, turned in a disappointing early performance. And to top it all, WIPHOLD shares continued to trade at a significant discount to net asset value. What can they do? "Hide
by Benoit Leleux, Hischam El agamogenesis, Mope Ogunsulire Source: IMD 12 pages. Publication Date: January 3, 2006. Prod. #: IMD244-PDF-ENG