Forum Archive Index - June 2000

["Christian Mair" <product@adidas-ep.co.nz>]

A friend of mine read in the McEwen's Newsletter that it would make much
more sense if the NZSE would merge with the Canadian Stockexchange
(Toronto?) rather then the ASX. I have no idea if he was serious or not?!
Regards,
Christian


----- Original Message -----
From: Matthew Van Veen <mattvanveen@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, June 22, 2000 1:04 PM
Subject: [sharechat] NZSE red red red


> As a NZ trader only one as to wonder why I don't play in other markets yet
> when you compare turnovers like NZSE today against the ASX as you readily
> can see the difference on Stockwatch. Much more liquid and daily gains
> (losses) to be made percentage wise. I think our market is the way it is
as
> nobody is interested in it anymore regardless of what value it may be
> offering. I think an almagamation with ASX will be better for everyone and
> definately better for our companies and NZ in general if it saves them
> leaving our shores.
> For CEN - I think they only rosed in the last 3 weeks due to their own
> buyback and if they stop buying, the price is only going to fall. Telecom
is
> down a lot and may be a good buy but I have that feeling you could see a
> drift down to $6.50 level in next week or 2. Look at FFS where it is
public
> knowledge that it will be sold and probably for at least $1.20. Thats a
50%
> premium on todays price. But still it sits where it does as does FLP where
> one can make about 5% which is almost guaranteed. What does one do?
>
>
> >From: Roy <baldman@internet-auditor.com>
> >Reply-To: sharechat@sharechat.co.nz
> >To: sharechat@sharechat.co.nz
> >Subject: Re: Re: [sharechat] DOW/NAS up , NZSE red red red
> >Date: Thu, 22 Jun 2000 12:48:01 +1200
> >
> >Get a grip chaps :)
> >
> >For the last 3 years TEL has eased towards the middle of the year.
> >Look at it as a great buying opportunity!
> >The charts will show you that the price recovered August time.
> >
> >Before you throw yourself out of a skyscraper consider the volumes going
> >thru the NZSE at the moment.
> >Not a lot, seems to be mainly smaller parcels, therefore smaller
> >stockholders.
> >
> >Take a packed lunch and go for a long walk. The panic impulse will
> >dissipate!
> >
> >
> >
> >
>
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