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From: | "tennyson@caverock.net.nz" <tennyson@caverock.net.nz> |
Date: | Thu, 22 Mar 2001 14:01:59 +0000 |
> >I am also glad to take $3.08. I have waited near a year and half >for the CEN to climb up and I am not going to let this one get >away. >I don't mind taking some losses. > > Why didn't you take your losses earlier then? > > >Anyone out there can give me some suggestions as to what to invest >next? > > With dividends falling, 'yield' shares prices should start to go up. People still need to buy power whether the economy does well or badly. And with falling levels in hydro reserves due to drought, those companies that generate power using other means should do well, like for instance....Oh that's right, you just sold them. > > >I am a long term investor > > 18months is not long term > > >and looking for high div in return. >Maybe CAH or RBD? Is AirA a good buy at $1.31? > > Carter Holt has a low dividend yield. Restaurant Brands should fit your requirements, but don't expect stellar growth in share price. AirA? They sure seem to have got into a mess in Australia. I'd expect the share price to be depressed for 2-3 years. It is hard to tell what is cheap when a company is making no money. In the meantime you might look at picking up some Air New Zealand Convertible Notes (when they come out) as a way of getting income, while waiting for them to convert to shares just as the share price looks like improving in a few years time. > > > Any advices will be appreciated!! > > You shouldn't try to pick just one winner. Try a diversified portfolio of half a dozen shares at least. SNOOPY --------------------------------- Message sent by Snoopy e-mail tennyson@caverock.net.nz on Pegasus Mail version 2.55 ---------------------------------- "Dogs have big tongues, so you can bet they don't bite them by accident" ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. Join now. ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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