Forum Archive Index - September 2000

["Sam the Man" <sammac108@hotmail.com>]

Here's a real comment about CEN.  Wait until they get through their resource consent renewals before buying.  They've just shelled out $6.3 million for Alexandra flooding.  How much more will they need to pay out before they can continue generation, without any odious consent conditions from an angry bunch of Otago greenies, locals, anglers, miners, farmers etc etc.  Price should dip to about $2.15, around May next year.  That's the time to buy.

 

Sam

----- Original Message -----

From: Thomas Kings

To: sharechat@sharechat.co.nz

Sent: Friday, 8 September 2000 14:03

Subject: Re: [sharechat] THE KING buys CONTACT ENERGY

Now Geoff make a Real comment on the company.   THE KING

----- Original Message -----

From: Geoff Ewert

To: sharechat@sharechat.co.nz

Sent: Friday, September 08, 2000 11:15 AM

Subject: Re: [sharechat] THE KING buys CONTACT ENERGY

Hi King, perhaps your posting should have been proof read before sending,.(CEN)?

Regards G ----- Original Message -----

From: Thomas Kings

To: Sharechat

Sent: Friday, September 08, 2000 11:44 AM

Subject: [sharechat] THE KING buys CONTACT ENERGY

After approx one year plus and the best CON, job by your Gov. ever did

on the common KIWI.

Well Contract Energy Limited, CEL is now Oversold, Overlooked & Dam

good dividend [ better than TEL now reduced by 50%].

With the buy back underway and still need another 15 million shares to fill the

30 m order which in turn will reduce costs & share holder

numbers, the company is now on the investor`s side.

With 90% of existing holders now have some sort of paper LOSS, but it

seems a mini panic by new small share holders are selling which need

not happen this should stem, the price would not go lower and when

your down the only way is UP.

Dont forget all that was said in 1999 about CEL is the greatest well it is

true, the company will only get better all KIWI has to do is switch on the

LIGHT.

 

Watching from Australia      THE KING

 

 

PS  Adam Rands please note all you said in 1999.