Forum Archive Index - June 2000
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Re: [sharechat] NZSE red red red
Once upon a time if oil was found in N.Z. in the nature of FEG's success,
the NZSE would have taken off. Muldoon's borrowings depended on it. Bill
Birch's Think Big depended on it. I read that the Aussie dollar is weaker
than the Kiwi today. Don't despair - there are some cheap shares out there.
Going to get cheaper? Some might. The N.Z. business economy is hardly at the
point of collapse though. Cheers
-----Original Message-----
From: Christian Mair <product@adidas-ep.co.nz>
To: sharechat@sharechat.co.nz <sharechat@sharechat.co.nz>
Date: Thursday, 22 June 2000 13:27
Subject: Re: [sharechat] NZSE red red red
>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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