Forum Archive Index - October 2000

[Dick O Connor <problast@altavista.com>]

I've been sitting here chewing over a little investment problem for some time 
and someone has suggested I could easily ask for a bit of help here (and even 
without having to use a 40c stamp). While I have been interested in the 
sharemarket for a long time, and have learned hundreds of ways to lose money, 
I'm not nearly so flash on the computer...hence this posting, and I'll be very 
interested to see if it ever gets to Sharechat, and if anyone actually reads 
it, and then replies.
This query concerns ports. Eight years ago my brother-in-law in Tauranga never 
stopped talking about the improvements that had been going on at the port, so 
when the shares came on the market I bought 2000. After more than 3 years of 
them going nowhere, I got sick of the waiting and sold them (needless to say, 
they started shooting up not long afterwards, but I actually made a net profit 
of 75c).
Later I bought some shares in Southport, but they got themselves quite mixed up 
and I sold out at a net loss of 54c - as you can see, I was actually left quite 
flush with cash because of the 11c profit from the two transactions.
Just recently I have bought a few shares in POA, based mainly on the fact that 
the wharves are very busy and the port is in the largest population area.
Now, it occurs to me that some of the clever young people out there who have 
referred to the fact that they have set up spreadsheets to compare shares could 
do us all a favour if they tried comparing the listed port cos and tried to 
figure out the best investments. I think it should be possible to pick the best 
two, say, (for me POA and one other) and go for them. What do others think?  


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