Forum Archive Index - April 2001

["Brian Brakenridge" <brianbrak@xtra.co.nz>]

Thanks Peter.

 

In the context of the NZSE GPG is an interesting company. I class it as a "Value Based Mutual Fund", with no loads apart from brokerage, no annual fees, management who have been with the "fund" for a long time and very good consistent growth and returns.

 

Equity has grown something like 330% in 7 years which is something like 20% compounding (correct my maths if I'm wrong). And they have a lot of irons in the fire at present indicating they are making significant moves in a bull market which offers a lot of value plays for a company with GBP67m in cash to play with.

 

Well worth some research.

 

And no, I'm not plugging the stock, simply sharing an opinion and seeking others views.

 

Cheers

 

Brian