Forum Archive Index - November 2000

["Graeme & Jill Christie" <bayvu@ihug.co.nz>]

Anybody interested in these cos at the present (low) prices? Thanks G.
-----Original Message-----
From: Wedde, John <john.wedde@cit.ac.nz>
To: 'sharechat@sharechat.co.nz' <sharechat@sharechat.co.nz>
Date: Thursday, 2 November 2000 10:21
Subject: RE: [sharechat] Re - Frucor


>Hi Brian,
>You mention Slater's book "The Zulu Principle"
>I finished reading it a few months ago and would strongly recommend it. The
>Wellington Public Library have a copy for those Chatters in our fair city.
>Cheers
>John
>
>-----Original Message-----
>From: Brian Brakenridge [mailto:brianbrak@xtra.co.nz]
>Sent: Thursday, 2 November 2000 09:43
>To: sharechat@sharechat.co.nz
>Subject: Re: [sharechat] Re - Frucor
>
>
>Hi Krypt:
>
>In response to your query "what figures am I using ?" I went back to check
>and think I have screwed up. Last night I scanned my brokers research
report
>on FRU and took EPS of 13c. In fact another look today shows me that that
>figure was actually Normalised Earnings and Reported Earnings were 7.7c.
>Thats what happens when you comment without doing your homework. Sorry.
>
>So to recalculate PEG; current PE must be about 25, last night I used very
>conservative growth figure of 25% for the next 5 years which would give PEG
>of 1 indicating fair value. However if a growth figure of 40% is used
(based
>on actual and forecast this is still conservative) we would get a PEG of
.63
>
>I'm still comfortable with the price and future potential.
>
>How does this compare with your calculations. I need to read the "Zulu
>Principle" to take this concept further. I wonder if David Reid (our
>resident PEG exponent) has done these calculations?
>
>Cheers, Brian
>
>
>
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