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From: | "vincent.wang" <vincent.wang@xtra.co.nz> |
Date: | Fri, 28 Apr 2000 08:05:30 +1200 |
Contact's 1999 net profit includes a large chunk of
one-time gain, if you exclude that part, its return based on current share price
is only about 8%, not 10%. It is reasonable cheap, not particular
cheap.
Does the Labor government's proposed electricity
reform have any thing to do with Contact's share price drop?
RGDS,
Vincent Wang
Disclosure: hold Contact, cost @3.10, sitting at
big paper loss.
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