Forum Archive Index - December 1999
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RE: [sharechat] Date: Tue, 14 Dec 1999 10:46:42 +1300
I must admit Kristofer, I also am most confused as to their current share
price. I bought at 1.85 and thought they looked value then. With a
reasonable dividend yield, low P/E, sound financial situation and good
growth prospects (eg Supermalls being developed on the shore etc) I just
can't work out why their shares keep on sliding. Anyone else have an idea.
ms
> -----Original Message-----
> From: Kristofer Allen [SMTP:k.allen@ihug.co.nz]
> Sent: Tuesday, December 14, 1999 10:46 AM
> To: sharechat@sharechat.co.nz
> Subject: [sharechat] Date: Tue, 14 Dec 1999 10:46:42 +1300
>
> I HAVE JUST BEEN LOOKING AT THE FINANCIAL STATEMENTS OF ST LUKES GROUP. IT
> APPEARS TO BE A VERY SOUND COMPANY. IN THE LAST YEAR THE SHARE PRICE HAS
> FALLEN FROM $2.00 TO $1.50.
> IS THIS ANOTHER EXAMPLE OF AN UNDER VALUED COMPANY THAT IS NOT CURRENTLY
> IN VOGUE.
>
> eW
>
>
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