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Re: [sharechat] ttp

From:	"andrew smith" <smith5@xtra.co.nz>
Date:	Fri, 10 Mar 2000 12:54:28 +1300

David

I think you could be right. I cant believe anyone selling at these levels. Could it be possible that SEA are trading their own shares just to pull the price down. It is only small volumes. I have quite a few of these shares which I have held onto thinking it can not go any lower. SEA must also be desperate to start receiving a dividend as they own over 50%? I expected to see a reinstatement last week am very disappointed. I would also appreciate others comments. Dump and take a big loss, Sit and wait, or buy some more?

Regards

Andrew

----- Original Message -----

From: David Iles

To: sharechat@sharechat.co.nz

Sent: Saturday, 11 March 2000 08:40

Subject: Re: [sharechat] ttp

Callum

I continue to be amazed at the continuing fall in price of TTP. Asset
backing is over 3 times current share price.

Not paying a dividend due to loss after property writedowns has probably
caused latest price fall to 21c. Cash flow would have allowed payment of a
dividend if they had wished.

Current management is very much in the camp of majority HK based shareholder
SEA and I have this real feeling that its all part of a plot to get the
share price real low and then make a takeover bid for the company.

I'd love to go to the agm in Auckland and ask a few questions but won't be
able to. If anyone is going please let me know.

David
----- Original Message -----
From: callum gordon <callum_g@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, March 09, 2000 2:19 PM
Subject: [sharechat] ttp

> Hello,
>
> Does anyone have an opinion on the current price of TTP? or the property
> market in general?
>
> Regards,
>
> Callum
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References

[sharechat] ttp callum gordon
Re: [sharechat] ttp David Iles

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