Forum Archive Index - September 1999

["Brien C" <bc@wave.co.nz>]

Chris, those first couple of sentences are absolute words of wisdom I think
I should frame them to hang in front of my desk.

Brien

-----Original Message-----
From: owner-sharechat@sharechat.co.nz
[mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Chris Marshall
Sent: Friday, 24 September 1999 11:56
To: 'sharechat@sharechat.co.nz'
Subject: RE: [sharechat] TRANS TASMAN PROPERTIES


What you bought them for is totally irrelevant to your decision to sell -
whether you paid 74c or 10c.  Once you have bought you own TTP shares NOT
74c shares!  The ego wants to be "right" and not make a loss.   The clever
investor sells at the highest possible price - if there is more downside
than up, get out, otherwise hang in there.   TTP clearly have more upside
because of their discount - unfortunately property is out of favour and TTP
scrip is dominated by Sea Holdings and therefore difficult to asset-strip by
the likes of GPG.

> -----Original Message-----
> From: Matthew Van Veen [SMTP:mattvanveen@hotmail.com]
> Sent: Friday, 24 September 1999 11:31
> To:   sharechat@sharechat.co.nz
> Subject:      [sharechat] TRANS TASMAN PROPERTIES
>
> I have a small amount of TTP (owes me .74c). Should I buy more to lesson
> my
> loss and hope for the big recovery or should I just put the misery behind
> me
> and forget them. They are now down to 30c but have good asset backing -
> just
> that debts are high.
>
> ______________________________________________________
> Get Your Private, Free Email at http://www.hotmail.com
>
> --------------------------------------------------------------------------
> To remove yourself from this list, email sharechat-request@sharechat.co.nz
> with "unsubscribe" in the body of the message, or use the unsubscription
> form at http://www.sharechat.co.nz/forum.html.

--------------------------------------------------------------------------
To remove yourself from this list, email sharechat-request@sharechat.co.nz
with "unsubscribe" in the body of the message, or use the unsubscription
form at http://www.sharechat.co.nz/forum.html.


--------------------------------------------------------------------------
To remove yourself from this list, email sharechat-request@sharechat.co.nz
with "unsubscribe" in the body of the message, or use the unsubscription
form at http://www.sharechat.co.nz/forum.html.