Forum Archive Index - June 2000

["Philip Robinson" <robph639@student.otago.ac.nz>]

Chris ,

 

I increased my holding substantially at its current price (0.34c) . It is an up and telephony coming due to start making money in the third quarter of this year, according to the Chair. It got a good future in Singapore (see company news on stockwatch.co.nz), as it got one of only 10 SBO licenses from the gov of Singapore earlier this year. Its site is newcall.co.nz. It owns the isp iprolink in auckland and has a 75% interest in energy reseller Energy options, which resells electricity and gas (I think). Its target market is small to medium size businesses and it is growing a large customer base as at end of 99 it was 17,500. It bundles these services to its target market. It also bought a whole lot of customers off Telstra, increasing its client base by 10%, back on the 29th of Feb.

Its major shareholders are Charoong Thai Wire & Cable Public Co Ltd and CTW Beta Co Ltd, a related company, they are Singaporeian (sic) telephony companies. I buy for long term, but also looking at its price it is way oversold, since it did hit 72c in Feburary of this year after annoucing the Singapore licence aquistion. Also with the chairman owning a 5% portion of the company I am happy that my interests are also being looked after.

IMHO, and it is very H, I rate this as a Buy for LT hold and at 34/35c a 2-3 week play, but this stock does move quite slow.

I would also be keen to hear thoughts about this company from others as there has not been discussion about it for many months.

 

Hope i've helped

Phil

Disclosure: own NGL and am going to buy lots more

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

From: Christian Mair

To: sharechat@sharechat.co.nz

Sent: Thursday, June 01, 2000 7:30 PM

Subject: [sharechat] Newcall Group

DF Mainlands "Play of the Week" usually doesn't rock my world, however Newcall Group seems to be undervalued and certainly worth a play.

 

Anyone of this forum has shares in NGL and/or knows more about this company?

 

Regards,

Christian Mair