Forum Archive Index - February 2000

["Philip Robinson" <philip.robinson@paradise.net.nz>]

Subject: Re: [sharechat] What is wrong with CDL HOTELS?????


> Yes, traditional wisdom has it that Hotel companies are the
> kiss of death (on the NZ market anyway).
>
> Derek
>
> At 06:14 PM 2/24/00 +1300, you wrote:
> >        What is wrong???   I think that  they are announcing a profit /
> >loss in the next few  days.      Has there  been some news that I haven't
> >heard about?       James  B

I emailed them a couple of days ago about their shareholder benefits
(rebecca.little@cdlhms.co.nz). If you have 1000 shares (~$250.00) you get
50% off rates. Now I sayed in the Queenstown Corpthorne and I can tell you
it's beautiful, and its only a 4 star hotel, imagine the Mellinium hotel (5
star). And 50% off makes it a real tempting share just for the fact that you
get such great discounts. Discounting the actual shares, you reap the
benefit after only  4 nights at the Copthorne @$150.00. Comments on buying
shares only for their shareholder benefits would be interesting.

Cheers Philip Robinson

-----------------------------------------
Philip Robinson
Wellington School of Medicine
University of Otago



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