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Forum Archive Index - May 2001

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[sharechat] Daily ShareChat News Summary


From: "Ben Dutton" <bendutton@sharechat.co.nz>
Date: Tue, 22 May 2001 06:00:09 +1200


Hi everyone, here's the summary of the ShareChat News from yesterday.

If you'd like to receive notification of breaking news stories and features
from the ShareChat editorial team as soon as they're available, please
subscribe to the ShareChat News Alert Service, using the form at
http://www.sharechat.co.nz/newsalert.shtml.


Yesterday's ShareChat News:


Colonial Property beats prospectus

Colonial First State Property Trust has beaten its prospectus forecast with
a net operating surplus for the year ended March of $14.5 million before
devaluation.

http://www.sharechat.co.nz/articles/20010521-CPTfy2001.shtml

**

Air NZ defends domestic routes

Air New Zealand has announced further plans to strengthen its domestic
service before Qantas officially comes to town.

http://www.sharechat.co.nz/articles/20010521-AIRVAdomesticexpansion.shtml

**

NZ safety business sold

Australian-listed company Howard Smith, which owns the NZ Safety brand this
side of the Tasman, is expanding its safety supply business.

http://www.sharechat.co.nz/articles/20010521-NZBIZhsmithsafety.shtml

**

Trans Tasman support half-hearted

A proposal to swap Trans Tasman Properties shares for secured bonds looks
unlikely to get shareholder support although capital note holders approve of
a change.

http://www.sharechat.co.nz/articles/20010521-TTPproxies.shtml

**

DB reclaims name on the web

Brewer DB has won a battle for the internet domain name db.co.nz.

http://www.sharechat.co.nz/articles/20010521-DBGwebname.shtml

**

Slight improvement for Capital Properties

Property investor Capital Properties has recorded an 8% lift in full-year
operating profit before unusual items and writedowns.

http://www.sharechat.co.nz/articles/20010521-CNZfy2001.shtml

**

Cedenco head shifts focus to business development

Cedenco boss Dean Witters is to step down as chief executive and move into a
new role in business development within the company.

http://www.sharechat.co.nz/articles/20010521-CEDwittersmoves.shtml

**

Heatley targets eVentures

A company associated with Sky TV founder Craig Heatley is planning to buy
64% of tech company eVentures at a significant discount to its current
trading price.

http://www.sharechat.co.nz/articles/20010521-EVZheatleytarget.shtml

**

Australian interest in TrustPower

Australian energy giant The Australian Gas Light Company is looking to take
100% of TrustPower.

http://www.sharechat.co.nz/articles/20010521-TPWagl100percent.shtml

**

Rubicon out of Capstone

Rubicon has sold its remaining shareholding in US turbine manufacturer
Capstone Energy.

http://www.sharechat.co.nz/articles/20010521-RBCcapstonesold.shtml

**

The Investor Column: Don't Be A Market Cinderella

Do you know the difference between investment and speculation? One of the
best descriptions of the chasm that separates the two wealth creation
activities comes from Warren Buffett

http://www.sharechat.co.nz/articles/20010521-investorcolumn.shtml

**

Best Regards

The ShareChat Team


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