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Re: [sharechat] Carter Holt share price


From: Nigel McCarter <n.mccarter@clear.net.nz>
Date: Fri, 18 Feb 2000 14:50:44 +1300


There is a report in todays NBR that Merril Lynch have just recommended CHH
so maybe that is why!!
There was also rumour a couple of weeks ago, that ITC would absorb CHH now
the chilean venture has been brought to a conclusion


At 02:23 PM 2/18/00 +1300, you wrote:
>Does anyone know what happen to Carter Holt share price. It keeps going
>south since they last reported  quite a good quarterly result.
>
>All the basic seems pointing to a good direction. With the share price under 
>$2; does it represent a good buying opportunity or the traditional blue chip
>share are still out of favour. It 's a very disappointing trend and same
rule 
>apply to SKC & POA and many other share which reported a profit.
>
>Henry
>
>
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Nigel McCarter
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