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RE: [sharechat] bdo

From:	"Wedde, John" <john.wedde@cit.ac.nz>
Date:	Mon, 3 Apr 2000 13:20:15 +1200

Nothing wrong with good old "NTA as a benchmark 'of ' [sic] company
valuations" IMHO; perhaps an old fashioned fundamentalist point of view to
many!! 

-----Original Message-----
From: Patricia Troup [mailto:troupie@ihug.co.nz]
Sent: Sunday, 2 April 2000 08:04
To: sharechat@sharechat.co.nz
Subject: [sharechat] bdo

Thankyou Mr Paine for some balance on BDO.
I was seriously considering discontinuing reading sharechat, thinking it
should be renamed BAGCHAT, because of the volume of ill-informed and
negative criticism sprayed around by some of the subscribers.
When was NTA a valid benchmark of company valuations. I suggest Nil takes a
trip to an Accounting or Financial analysis section of a library to get some
knowledge in this department. Focus on the present value of growth
opportunities, then you might have better investment returns. 

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