Forum Archive Index - September 2000

["Andrew Cooper" <ACOOPS@xtra.co.nz>]

Who put a bomb under RMG
----- Original Message -----
From: Wedde, John <john.wedde@cit.ac.nz>
To: <sharechat@sharechat.co.nz>
Sent: Monday, September 04, 2000 1:23 PM
Subject: RE: [sharechat] who put a rocket under SCL


>
> Hi Richard,
> I copy a posting I made to Sharechat in mid August.
> It may be useful.
> I'd also like to know SCL's exact holdings of Blis and A2.
> Let me know if you find out.
> Cheers,
> John
>
>
> Some info on SCL:
>
> 1. They hold a substantial [exact figure I can't lay my
> hands on at
> present] stake in A2 corporation [ATM] on the unlisted
> board. This company's
> shares have gone from their list price of 5 or 10 cents
> [depending on your
> source of information] to as high as $4 odd in the space of
> a few months.
> ATM do not say a lot about what they do but, apparently,
> according to a
> recent NBR article, "own some intellectual property
> involving milk products
> that might slow the onset of diabetes and artery disease in
> some people".
> 2. They have also recently rid themselves of some of
> their original
> property assets, acquired at the time they took over the old
> CBD NZ ltd,
> This they have been trying to do for some time.
> 3. They recently acquired  interesting wine and
> potentially
> subdivisible lifestyle land in North Canterbury.
> 4. Rural land they acquired near Woodend in Pegasus
> Bay, Canterbury has
> recently been approved for redevelopment as a small town.
> 5. Their large Omaha beach subdivision  is apparently
> selling well.
> 6. They have a number of other lateral rural holdings
> that could
> perhaps be described as "lifestyle" including mussel farms
> in Clifford Bay,
> Marlborough; more beach land at Orere Point south east of
> Auckland. And are
> doing an appartment development in Queenstown.
> 7. They also have a stake in unlisted Ecommerce company
> EstarOnlne.
>
> They are an interesting company . I hold a small parcel of
> shares and have
> followed them since they first listed. I also follow
> Estaronline closely.
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