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From: | "nick" <acummin@es.co.nz> |
Date: | Tue, 29 Aug 2000 22:04:41 +1200 |
First wrightsons,
looks like a good result to me, bearing in mind that the rural economy is only
at the beginning of a revival, this would indicate that wrightsons will become
stronger as the rural momentum grows. I was wrong about my short term
prediction that wrightsons would hit 70c.
I still strongly believe it will but we may have to
wait awhile.
Nice dividend in the meantime though 3
c.
Secondly Frucor,
this company has done nothing wrong, the shareprice was oversold after their
profit result but
spiked up considerably today. Whats the rumour
there?
Lastly GPG all sorts of good news factors of late. Interesting tonight on sky british news to see that a hostile
bid was made to take over the london stock
exchange. GPG have been actively buying shares in
that outfit so any outside takeover talk sure to lift thosae
shares.
nick
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