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Re: [sharechat] Property Buys


From: "Colin Ross" <ceejaynz@xtra.co.nz>
Date: Thu, 17 Aug 2000 19:52:55 +1200


I am happy with my holding in CNZ for Income purposes.
There are no major Institutional investors ( yet), so when the Directors
recently tried for a fee increase, the little people were able to have their
say. Very satisfying.
The properties are largely in wellington, which is not quite so overbuilt as
Auckland, and at current prices, the yields are just fine.
Ceejay
----- Original Message -----
From: Philip Robinson <robph639@student.otago.ac.nz>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, August 17, 2000 5:03 PM
Subject: [sharechat] Property Buys


> I was looking at adding some income.property to my stocks and was looking
at
> CNZ, PFI and CHP. I was also looking at CDI which has a good yield
although
> I wonder whether it is sustainable? I am kicking myself for not getting
CHP
> @ 90c which would have been good.
> What do people hold now for income and what do people see as over-sold at
> the moment. I like the look of CNZ but it seems they may have capital
gains
> on their minds?
>
> Cheers
> Phil
>
>
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