Forum Archive Index - September 2000

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

Dear Oli

I think you are looking at the unlisted market the wrong way.
What you need to do is look at the people running the companies listed on
the secondary market, and the potential for each company for growth, and
ultimately to then list on the main board.

eg Small time operations like Kapiti cheese or Submarine Adventures may one
day make good profits, but growth prospects are somewhat limited.

On the will other hand, Blis and A2 have huge potential for growth.  The
emphasis is on potential - whether it is realised or not depends on who's
running and who's backing the company.

So now you can have another look at the companies - eg:
A2 and Blis - Howard Paterson (net worth estimated > 100 million).  I
wouldn't look at the last 2 weeks trading, otherwise the "thru the floor"
comment is valid.  However, growth prospects for these two companies are
immense, and with HP behind them, they must be worth backing.

Wilson Neill - Again, very good growth prospects, but the blokes running the
show in my opinion are not heavyweights in the corporate field.

 WDT - HUGE potential, but again journeyman management could stymie this
potential.  Needs a very good backer or perhaps a major takeover to realise
the potential.

Indranet, zedex, - Very slick management, shame about the product.

That's my 2 cents.  The main point I'm trying to make is to look past the
charts and todays prices and suss out the growth potential and management.
Otherwise I fear that your luck may continue to run out.

Sam


----- Original Message -----
From: <oli@vodafone.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Saturday, 9 September 2000 01:04
Subject: [sharechat] Unlisted market


> Last post for now - promise! ;)
>
> I occasionally check the unlisted quotes, but just out of interest.  I see
Zedex
> (someone mentioned during the week) has continued to rise - I think it's
up
> 300% in the last fortnight or so.  WHAT DOES IT DO?!?!!?  Anyone out there
have
> shares in it?
>
> WDT- oh well Malc, not this week huh. Hope we here your hollerings from
the
> rafters again next week.
>
> IDN (IndraNet) - what do these guys do??? I hear they're based in Chch,
price
> is up 100% on the IPO last year, vaguely recall some news about a major
coup
> with an air-car licence in early August??  30 shares traded today @
395?!?!
> What do these guys do? Any air-taxis in Chch yet?
>
> BLIS/A2 - thru the floor.  Some grandiose press releases, massive hype,
still
> vague on the details, offerors netted a massive gain, speculators got
their
> fingers/hands/arms burnt.  Nuff said.  With that sort of management
ramping
> the prices I wouldn't touch it with a 10m fireproof pole.
>
> With the exception of WDT who owe everything to Malcolm F in exposing this
one
> to the little public shareholders, very little info can be found as to
what
> these companies DO.  Surely we can find out?
>
> By-the-by, what's up next on the NCM?
> Good w/e to all...
> oli
>
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