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RE: [sharechat] wringing telecom and buffet, nz stocks

From:	"Talacek, Philip " <pjt57@elec.canterbury.ac.nz>
Date:	Fri, 06 Oct 2000 21:57:56 +1300

Sky City could have what it takes, though the political risk might prove too
much.  It certainly is a cash cow, if it's balance sheet were stronger even
with the political risk one would have to include it.  

> -----Original Message-----
> From: J JB [SMTP:bustedsausage@hotmail.com]
> Sent: Thursday, 5 October 2000 20:48
> To:   sharechat@sharechat.co.nz
> Subject:      [sharechat] wringing telecom and buffet, nz stocks
> 
> I wonder if Sky City would make it onto your list.
> Dominant player,good cash flows, yearly increasing returns, good return on
> 
> equity, and has the only 3 casino licences for the country, and the govt. 
> putting any further licences on hold.
> 
> I'am currently reading "Buffettology", and the most interesting thing to 
> come out of so far is that he started in 1957 with the sum of $105,000 US.
> I would imagine this would have been a considerable sum of money at the 
> time.  I'd have a go at turning the equivalent sum today into 20 billion 
> over 40 years....
> 
> see you
> J
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