Forum Archive Index - February 2000

[Derek Watt <dkw@paradise.net.nz>]

Thanks Philip for pointing out these advantages of buying CDL.
It does seem worth while holding CDL just for their shareholder benefits.
If only more companies had similar discounts for there shareholders,
imagine Telecom, Transalta, etc etc.
Derek



At 12:47 PM 2/25/00 +1300, you wrote:
>
>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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-----------------------------------
Derek Watt
http://members.tripod.com/DKWatt/
-----------------------------------




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