Forum Archive Index - August 2000

[Nick Kearney <nk@xtra.co.nz>]

Hello all

I'd be on RMG also.

Other possibilities would be CEN/TEL/TLS or WHS. 

The other intersting game is if you had a death wish, what would be your
pick?

I haven't given it enough thought yet.

Choices?

Cheers
NK

nick wrote:
> 
>         Here is a little sunday exercise for you.
> Imagine you had to put everything you owned into
> just one stock that is listed on the NZSE. That stock then had
> to be held for three years.  If that stock was lower after three years
> you would die a horrible death, which would you choose
> 
>         I will start the ball rolling. I would be looking for
> something
> rather safe which would have little obvious downside, combined with
> some prospects for growth.
>             I looked at several and rejected them on the grounds
> something
>  bad might happen such as really bad harvests (montana etc) or
> terrible
> economic decline in nz. (restaurant brands etc)  Or the dollar
> suddenly taking off
> to very high levels  (tourism, and exporters)
> 
>    In the end i decided on contact energy (very sad) . I figured
> that electricity would be needed no matter what, the company can
> maintain profits by passing on problems to the consumer, and the
> present
> share price is already nice and cheap.
>     Prospects for growth in three years are unlikely to be spectacular
> but
>  it would be a major suprise if the share price was lower that it
> is now.
>        Would i survive?
> 
>  nick
> 
>

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