Forum Archive Index - July 2000

["Wedde, John" <john.wedde@cit.ac.nz>]

Hi Graeme,
Yes, when will gold do it again?
I guess I see my Otter shares in a way as a hedge against the long predicted
return of inflation and an associated possible eventual drop in the US
dollar. Gold may then again become the haven it has been in the past. Others
of course argue that gold has lost this potential. Who is correct here?  Who
knows? I guess time will tell.
I also hold Otter options.
Cheers
John


                -----Original Message-----
                From:   Graeme Christie [mailto:bayvu@ihug.co.nz]
                Sent:   Tuesday, 25 July 2000 10:28
                To:     sharechat@sharechat.co.nz
                Subject:        [sharechat] Re: Otter Gold

                 I agree John. In March, with their shareprice at around
90c, they announced
                a profit up over 900% and their shareprice dropped!!! I hold
Otter and I
                think they have to be undervalued. Just wait 'til gold
lifts! Regards
                ----- Original Message -----
                From: "Wedde, John" <john.wedde@cit.ac.nz>
                To: <sharechat@sharechat.co.nz>
                Sent: Tuesday, July 25, 2000 9:37 AM
                Subject: RE: [sharechat] GPG


                > David,
                > You don't mention their holding in Otter Gold. Do you know
what's
                happening
                > here? Otter look to me to be incredibly undervalued.
                > Check out their PE and Price/NTA ratios ---- both very
low.
                > I hold Otter on both NZ and Aussie exchanges.
                > Cheers
                >
                > -----Original Message-----
                > From: David Reid [mailto:aspex@ix.net.nz]
                > Sent: Tuesday, 25 July 2000 07:49
                > To: sharechat@sharechat.co.nz
                > Subject: [sharechat] GPG
                >
                >
                > GPG is still on the end of its splatter gun approach.
                > Wrightson Not much action yet, if any.
                > Joe White What is happening?
                > Brickworks No result yet?
                > Dawson 17.5% to 19.6%
                > Youngs Brewery 18.8% to 21.5%
                > Now Enza and
                > Inchcape -up from 4.5% recently to 10.7%
                > Any chance of rationalisation of Gowrings (Motor
dealer/restaurants) with
                > Inchcape (Motor dealer etc)????
                > David Reid
                >
                >
                >
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