Forum Archive Index - March 2000

[richard hermans <r.m.hermans@xtra.co.nz>]

nick wrote:
> 
> 
>           Why no follow up to this post?
> is everyone too concerned with air new zealand that they
> missed the standout opportunity of the week?
> 
>             (posted sunday)
>             The rise of nufarm has begun and here are the
>      reasons why it will continue.
> 
>      1) Fundamentally the stock should be over 6 dollars which
>      means at present levels the stock is way under valued
> 
>      2). The selling in New Zealand is now finished, anyone who
>      was going
>      to sell during the stocks slide will have already done so
> 
>      3.) Nufarm has made it into the aussie index which telecom
>      and the
>           fletchers failed to be included in. The stock is now
>      being taken up in
>          earnest by the portfolio managers
> 
>       4. A proven record of eps growth which is likely to
>      continue into the future
> 
>       5) They announce their yearly results this week and judging
>      by the way
>            the stock has begun to move upwards in advance of the
>      announcement a
>             good result is probably expected
> 
>                Conclution : The complete lack of selling
>      pressure, plus an expected
>         good result could see this stock rise rapidly during the
>      week to at least 4.00
>      possibly 4.30.   There will still be room in most portfolio
>      managers selections for this
>      stock which has only recently moved to oz.  Buy now before
>      the opportunity passes,
>      there is virtually now downside risk at present prices.
> 
>             disclosure   i own stocks bought at  5.75  5.55
>      4.35  3.40 and have no intention
>      of selling in the foreseable future
> 
>       nick
Do you mean to buy Nufarm on nzse or asx??? Thanks Margie

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