Forum Archive Index - April 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

 

Keith,

 

Thanks!

 

Yes, that report took about 14 hours work:

 

Saturday:

An hour or so to study anything new.

 

An hour to study the share issues made and do the weighting; making an allowance for some $ A 20 mill. or so, cash, CLH is still holding from their March issue - BCH is just about paying out their total profit every year.

Conversion of existing BCH data to Australian currency.

 

An hour to design the layout.

An hour to consult P. Maiden on his charting. Can we extract anything what can be used?

 

Four hours to type and do the calculations as work progresses.

 

Sunday:

Two hours : typing and calculations

Two hours: Editing, rechecking of all calculations, rewriting bits and pieces in the script, cut out pieces which are not essential, cut out other content which may not be precise. 

 

After a spell:

One hour: Have a breather and go over the script once again; are there ways of shortening the script? Do some other words need underlining or bold letters? Do references tie in?   

 

One hour: Email report to ShareChat first. Enter extracts on one Aussie site. Email report to a couple of NZ brokers and some friends. Tomorrow: email to an Australian broker.

 

And that does not include the time thinking about any key phrases to use and making little notes following some inspirational ideas! 

 

Although I am happy to do this type of work, it is always difficult: There are big stakes involved and if events turn out quite differently, one not only loses one's prestige but people will lose their savings as well. 

 

Sofar, the Australian recommendations have performed well; unfortunately, LACO has drifted back. We are waiting to see what LAC is going to do with their remaining $A 350 mill. cash!  No news from TAB either!

 

CLH was recommended in Nov. 2000, when it was $A 1.73. I like to see it rise to about $A  5.20 in Nov. this year, three times the initial price in one year! 

 

And to those readers who invested in this stock: I wish you a good ride!

 

You made my day, Keith!

 

Gerry