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Re: [sharechat] WestpacTrust NZ Class Shares

From:	Bill <billbray@xtra.co.nz>
Date:	Mon, 20 Sep 1999 20:37:40 +1200

Mark Hubbard wrote:
> 
> Does anybody have any thoughts on the capital gain potential of the
> WestpacTrust NZ Class Shares. I know they have a good dividend yield
> for the first year (not from then on, however), so I am interested in
> opinions on WestpacTrust's ability to grow its operation.

Mark..

I have a view that with the rate that Auckland Airport is falling
suggests Momma & Poppa are bailing out in order to invest in either
Tower or Westpac.  I can't see the price holding up for long in Westpac
because at the price there may be more than a few who will need to get
their money out fairly smartly.  Long term there may be something.

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[sharechat] WestpacTrust NZ Class Shares Mark Hubbard

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