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From: | Derek <dkw@paradise.net.nz> |
Date: | Sun, 13 Aug 2000 20:03:18 +1200 |
GPG, at least a little more chance of something interesting happening than with CEN. Cheers, Derek At 11:04 AM 13/08/00 +1200, you 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 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 >Or the dollar suddenly taking off (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 now. Would i survive? nick > ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. Join now. ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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