Forum Archive Index - August 2001

["Chris Castle" <c.castle@paradise.net.nz>]

Best buy since sliced bread, Keith - just stay in there and trust your analysis and instincts 

 

Disclosure: Hold TPC 

----- Original Message -----

From: K & A Frankum

To: sharechat@sharechat.co.nz

Sent: Tuesday, August 14, 2001 9:20 PM

Subject: [sharechat] IBA TECH au or (WRECK..?)

Another company which gets  my contrarian nose twitching... it seems obvious to me that the risk free way to invest in this co. is to buy  Tag (au) or Tpc (nz) shares....a quick look at the financials of Tag  makes that self evident. But for all their spin doctored press statements relating to new contracts the Iba  share price stubbornly refuses to get above 22 cents (though to be fair it was down around 17 cents a few weeks ago.... I guess if my NZ Refining shares had a 30% spurt I would be estactic.)
I tell myself the market doesn't understand this co.. the market is parceling it with all those other wannabes that never were... those  . com tech mongrel things...but then this little voice in my head says  whoa... thats worse then complacent..... that's arrogant.. so I am at a loss.... is the market right is this a Telemedia waiting to happen.... if any one has a opinion I would be grateful.... cheers Keith