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Re: [sharechat] What's up? - Word is "Sell SKY", buy "AQL"


From: Nick Kearney <nk@xtra.co.nz>
Date: Sun, 20 Feb 2000 16:01:32 +1300


timothy carling wrote:
> 
> Stuart,
> I don't know whether there is going to be any
> connection between Blue Star and AQL but I bumped into
> a broker friend in Auckland last Friday and his brief
> words to me were to sell SKY (apparently SKY is due to
> announce a record loss) and buy AQL which is expected
> to make a major announcement this week. I have done
> both selling SKY at 6.60 at hardly any gain (having
> bought at 6.54) and buying a substantial parcel of AQL
> at 17.3c (which I thought was a steal). From the sound
> of things, AQL is expected to start moving upwards
> from tomorrow and there could well be a connection
> with Eric Watson's Blue Star Group. After all, where
> there's smoke, there's fire!
> Ciao,
> 
> Timothy Carling
> 
> p.s. Like a few others, I am a new entrant to
> Sharechat having read about it in the NBR last week. I
> find it very informative with excellent perceptive
> input from investors, and hope to continue to
> contribute on a regular basis. By the way, my pick for
> the Investor of the Week contest is of course AQL.
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Hey all

Interested to read this.

What about Pacific Retail doing something with AQL instead of BlueStar?
After all Watson owns 75% of PRG.  They also announced an exclelent
quarterly profit last week

Worth a thought.

NK

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