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[sharechat] scl


From: "Sam McGregor" <sammac108@hotmail.com>
Date: Thu, 05 Jul 2001 13:12:47 +1200


Recent questions about SCL - It's been climbing a bit lately.  They recently 
recapitalised and bought Brierley's 35% share of Tas Ag.  TAS is doing 
rather well too, which is not surprising as they have substantially changed 
from a  farming venture to a farm finance and support company.  BLIS is 
doing rather well too - up to $1.08 from 0.80 in the last 3 weeks.
I see SCL as a classic growth stock - buy and hold for the medium - long 
term.  No dividends so forget about them for yield.  It's a good one for 
people like me who travel o'seas too much to keep a regular eye on stocks.  
I see GPG as another good one for this.  Not much good for day traders and 
yield-orientated investors, as growth opportunities are essentially 
long-term.

Sam - Held SCL for 3 years, GPG for 2.
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