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From: | "G Stolwyk" <stolwyk@wave.co.nz> |
Date: | Mon, 5 Nov 2001 11:15:16 +1300 |
Hoop,
I am not a CEN holder but as I don't see any
replies to your post, I shall give you an opinion.
Your set of questions can really be boiled down
to one:
"Shall I sell?" The answer is
"why"?
I have followed CEN closely and it is pretty clear
to everybody that CEN has put in an opportunistic bid!
We are at a stage where power prices are rising;
unless an earthquake destroys one of their dams, CEN can be expected to
deliver!
We already have valuations close to $6. The current
price is $4.20. This is a massive discount for an important infrastructure
stock!
Why must you sell?
Come on, CEN holders. what are your
thoughts?
Gerry
Much has been made of our markets performing well
against the US and other large markets. If the effect of existing attempted
takeovers and those already pinpointed for future corporate action, is taken
out, is it doing that well?
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