Forum Archive Index - May 2000

[Phil Eriksen <phil@acepay.co.nz>]

Oh to be psychic and lucky enough to have bought a large heap of
Radioworks last week.  Alas, my crystal ball obviously needs shining -
no holding in this co.

I wonder how much can be read into another overseas co buying into New
Zealand assets, at a not-all-that-bad premium?  Singaporeans, Norwegians
and now Canadians all seem to think NZ assets are worth buying at well
above market price.  Yet New Zealanders (and ex-pats) have made slamming
the NZ sharemarket a real sport recently.  

I'm certainly not full of hype and joy when I consider the future of New
Zealand, and the current govt will certainly do more harm than good, but
really, are things as desperate and hopeless as some seem to think?

I dunno, it'll be interesting to see who is right.  The companies
putting their money where their mouth is - or the "sell the shares,
build a bunker" crowd who put their mouth where other peoples money is.

Cheers,
Phil

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