Forum Archive Index - November 2000

[Brian Gale <brigale@i4free.co.nz>]

The problem RMG will have in their end-of-year accounts is the large 
Goodwill item resulting from all the acquisitions they have made.  They 
will need to be careful in how they present their accounts and avoid the 
problem ADV had in trying to avoid the issue. However they handle it, it 
will take many years to write off the Goodwill. This makes RMG very much a 
long term investment however it is interesting to see some recent price 
improvement.

BG
(Hold some RMG)



At 17:52 16-11-00 +1300, you wrote:
>Hi all
>
>A lot of hoopla surrounding ITC recently.  Seems to be a sound company
>but the fact that they don't have a 'business' puts me off them.  I much
>prefer RMG.  A lot of volume today and up almost 8%.
>
>They have a business and are generating revenue, albeit slowly.
>
>IMHO, this is where the money shouyld be if you had a choice out of the
>two (ITC/RMG).
>
>Cheers 4 now.
>
>NK
>
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