Forum Archive Index - October 2000

["gcallaghan" <gcallaghan@actrix.co.nz>]

I flew over in 1960 to "pick up" the HMNZS Otago & was there for approx. 9 months.Left the Navy in 1962.

As this is supposed to be a Share chat site & B4 I get a telling off from Ben.I had better get back to well;Shares.

Has anyone got any thoughts on Burns Philp BPC ASX?. i bought,well, heaps at 11c { they hit a low of 4c} I was going to take my profits & run when recently Credit Suisse First Boston Group ceased to be a substantial holder.At one stage they had about 10% of BPC. but now that Deutsche Australia & SAS Trustee Corp.{6.083%} have substantial holdings it may pay to hold on to at least a few thousand.The reason I bought in in the first place was because of Gary Hart's involvement.I was determined not to get caught out twice.The government{and a Labour one at that} sold Government print for 30mil. when it was worth more like 90mil. to Gary Hart {RANK}.these shares hit a low of 33c but by the time that I had cottoned on they where $1.30.& mistakenly thought I was too

 

late.How wrong I was.They hit a high of $13 to $14 by then {Whitcoulls} before being split & nose diving.

Anyone know anything?

Gordon C