Forum Archive Index - February 2000

[james chamley <james.chamley@xtra.co.nz>]

Re AIA

I have heard that there are plans afoot to launch a shopping precinct on
the airport land (between the current development and the land slated
for the second runway). This is (as rumour has it) to include some form
of supermarket in order to cater for the 3,000 people who are working at
the airport at any time (total workforce must therefore be 10,000 plus
in addition to travellers and other visitors to the airport).

This can only improve the current rental generated by AIA property.

regards

James



Matthew Van Veen wrote:
> 
> Good spread of discussions this weekend. I thought I would add my
> liitle
> bit.
> RBD - Sold out recently - yes to use the money to purchase more AQL. I
> have
> been to 3 different KFC outlets in the last couple of weeks and the
> standard
> of service and cleanliness varies in all of them - from very good and
> clean
> to downright disgusting. It really is I think the areas in which they
> are
> located and who they employ that determines what the outlet is like.
> As a
> shareholder I know I was put off by one altogether and would not go
> back
> there.
> PIZZA HUTT- Alot of competition and so change had to occur for these
> outlets. Went twice in the last half of last year (have not been this
> year)
> for dinner and both times place was packed with people waiting.
> Service was
> good and you never go hungry for reasonable price. No complaints re
> food
> quality.
> STARBUCKS - New shining light and growing in NZ's new found cafe
> culture.
> Still big in the US and even featured on "Austin Powers". McDonalds
> are
> close to opening more McCafes this coming year which may create
> competition
> but Starbucks is focused at a slightly different market.
> GROWTH - Will only make money if people spend it there. Disposable
> income
> will be less this year with the rise in mortgage interest rates and
> the new
> tax rates which will impact consumer spending however "others" will
> benefit
> under the labour Govt and continue to provide eat at KFC's etc.  I do
> not
> think RBD will be in for exceptional growth this year but they will
> grow and
> current share price of $1.36 is at a bottom end of a possible 20-30%
> rise
> (was $1.70 3 weeks back before profit announcement). I expect it to
> reach
> $1.90 possibly $2.
> AIA - For anyone out of Auckland who holds AIA shares and may not have
> been
> there lately let me tell you it is more than just an Airport. You can
> actually spend a day shopping there on top of any sight seeing. A
> multistorey motel is in the pipeline and they still own a whole lot of
> land
> yet unused. Landing charges and airport fees will go up thus creating
> benefit to shareholders. The other benefit to shareholders is the
> money they
> charge for parking which in itself
> probably is enough to sustain the current shareprice.
> Growth - Nothing but capital gain on share price with prediction of
> $3.50-$4
> this year. (if people wake up)
> BCH - Just received a "nice" letter from them re my broadcasting fee
> so
> knowing there is others like me and now that interest rates have gone
> up
> some may struggle on the bill paying side which will keep BCH
> shareholders
> smiling thus upside potential good.
> PERSONAL DISCLAIMER - Do not hold any of above due to all eggs in one
> basket
> RE TECH stocks - Young and Risky.
> 
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