Forum Archive Index - September 2001

["ryanrite" <ryanrite@xtra.co.nz>]

Well done Richard,

                            Dealer or no dealer I like to hear some positives about the markets. Also interesting to hear you looking after Bill B  (after think big )

You are right NZ shares are doing well but I think the market can not go against the rest of the world.

Maybe in for a correction soon?

Nice of you to tell of your dealing and holdings this should be talked about and done more often.

Maybe you could tell us why accumulating these shares and when do you think they will move up

I enjoyed your read 

thanks

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

From: Richard Hooper

To: sharechat@sharechat.co.nz

Sent: Tuesday, September 04, 2001 2:55 AM

Subject: [sharechat] dpc

Dorchester announced today the acquisition of Lynx Finance for $7m  paid in cash ( no loan ).

Fantastic news ...as the directors are doing what they are saying ( refreshing news ) ....DPC is a growth company with increased profits each year .  This announcement out this morning ...and guess what ...DPC down 1cent (0.9%)...absolutely terrible ..what a gutless wonder  NZ investors are, in this country which is at the moment, one of the top performing economies of the world (probably by default  :))  )  , and a top class small company  growing bigger all the time is totally ignored by everyone ......

Well.... all I can say is .... Don't cry foul when all of a sudden NZ market takes off and leaves all the (negative) talk and no do woolly woofters  behind.  Nice to see many of them being burn't investing overseas, when NZ where they live, is taking off . Sucking money overseas and watching it burn ,when it could have been invested in NZ, only makes NZ poorer overall. I say let these Financial Traitors burn in Hell.( I do believe in overseas investment and a Global economy ..don't get me wrong ....however, what I hate is that herd mentiality stamping off into the the sunset of the so-called infallible USA Market at a time when it seemed I was the only one that knew that that Market was overcooked more than the Xmas turkey found in the oven on News Years Day.

 

Hope this generates a few responses out of this increasingly boring channel.

 

Ducking for cover

 

cheers

Hoop

 

Disc... own DPC  ..My Portfolio is 100% NZ owned and doing bloodly well this year ..up  38%  would have been more if I hadn't got seduced by sharechat  eg AQL (Sold with 95% loss) ITC FFS FRU.( still hold and hoping)

The Stocks to buy are the ones not commonly mentioned by Sharechatters .  Biggest gainers in my portfolio so far   WRI  RBC GPG REI CEN   recently sold SKC  BCH  STU  AIA  ,

Holding BRY (down 10%), accumulating CAH( 15% loss so far, av down), accumulating DPC, accumulating GPG . And a couple of others which I will not mention just yet.....sorry.. :))