Forum Archive Index - September 2001

["hugh webber" <hugh.webber@clear.net.nz>]

Don't do it mate. A better idea is to stand at The Chalice in the 
Square, open your wallet, empty all the notes onto the ground,
arrange them in a little heap with the $100 ones at the top,
pull out some matches and set fire to the heap and warm your 
hands over it.
Then repeat several times slowly, Just don't worry about Air
N.Z.; the government will save it because it can't afford to let
it go bankrupt.
Then go and buy a decent share like say Kiwi Income Ppty Trust
and go home to sleep soundly.

cheers,
Hugh

P.S. You could get in on the ground floor of the govt privatising it
next time round. But a word of advice. Don't buy airline shares.
They're commodity shares like Carter Holt, coffee, sugar, peanuts.

----------
> From: John Jones <jayjer8@hotmail.com>
> To: sharechat@sharechat.co.nz
> Subject: [sharechat] What risk in buying Air NZ shares?
> Date: Monday, 24 September 2001 15:46
> 
> Hi,
> 
> Dumb question time...
> 
> Air New Zealand shares are super-cheap and I think it is unlikely the 
> Government will let NZ not have a national carrier.
> 
> If I did buy now, what does the prospect of statutory-management mean?
> Will the shares become void?  Will I become the end-of-the-line for any 
> payouts?  Or is it just a risky tunnel shareholders would go through while 
> there is a transformation in the business undertaken by the Government, but 
> at the other side they would continue to have some sort of stake in the 
> (new?) carrier?
> 
> Thanx,
> John
> 
> _________________________________________________________________
> Get your FREE download of MSN Explorer at http://explorer.msn.com/intl.asp
> 
> 
> ----------------------------------------------------------------------------
> http://www.sharechat.co.nz/          New Zealand's home for market investors
> ----------------------------------------------------------------------------
> To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/forum.shtml.


----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/forum.shtml.