Forum Archive Index - July 2000

["Richard Hooper" <hoop@ihug.co.nz>]

Curious that they pulled out of CAH at a time when I thought their price was
starting
to come right.Chartists might beable to tell us if this is true or not.
This USA investor was Franklin Resources who have only a small part of their
portfolio
in NZ shares, I don't know what their track record is like now , but they
were the crowd which bought about 9% of Brierley's @ $1.40  and have been
unloading them lately at 45 cents. Not their finest moment to show off their
investment skills :))))

----- Original Message -----
From: Brian Gale <brigale@i4free.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, July 13, 2000 12:10 PM
Subject: Re: [sharechat] Large transactions......who's nibbling???


>
> It transpires that the big transaction in CAH yesterday was a USA investor
> adjusting their holding from 9.26% to 8.23%  18M down. Warner pointed out
> that there was a large buy in FFS at the same time. Something happening
> between these two or just the investor changing horses ???
>
> PS Hoop....I'm also hoping for better things from STU still hold a few.
> Cheers
>
> At 00:15 13-07-00 +1200, you wrote:
> >Looking down to top 40 today ,there seems to be quite a number of larger
> >than normal transactions seen from our market for quite sometime. I
wonder
> >if some of these are overseas buyers dipping their toes to see how warm
> >our economic water is ?
> >Some other stocks with large one-off transactions toay
> >were   LNN  1.2M     GPG  .5M
> >FFS  4 sales over .45M     FLB    NCH   .75M
> >
>
>
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