Forum Archive Index - December 2001

[ichi@ihug.co.nz]

G Stolwyk wrote:
> 
> one could have foreseen the eventual demise of the NZSE long ago.
> Sure, it will continue in a minor role but there is not enough 
> choice left for the investor. 

I don't think 'choice' is the issue.  The real question is
whether the NZSE provides 'opportunity'.  And the answer to
this surely must be yes.  Look at Nick's recommendations:

> Frucor 1.47  Wrightsons 0.40  Restaurant brands 1.00 
> Fletcher building 2.00  Montana 0.87  Force .45 ITC .17 
> Fletcher energy 3.50

Notice any opportunities there?  Personally, I took a punt
on Wrightsons at 0.33.  Debt-free company, clever people 
on the board, likely to benefit from agricultural recovery.  
Sure looked like an opportunity to me.  I think it would be 
great if we discussed such opportunities in this forum.

Cheers,
Steven








And one can't force him/her to pay high prices,
> simply because these are NZ stocks!
> 
> Globalisation is but one of the factors contributing to that. Bad
> management making it a habit of making wrong key decisions, is
> another. And the NZSE is now under close scrutiny by the Government!
> 
> Most countries understand the phrase: "Take over or be taken over".
> That is the nature of economic warfare.
> 
> That in turn will also force chat sites to concentrate on NZ stocks of
> lesser or no value.
> 
> The introduction of Australian and other stocks to the forums should
> therefore be welcomed, not only because they serve as a
> replacement for NZ stocks lost, but it is obvious that we can't live
> in isolation.
> 
>--------------------------------------------------------------------------------------
> I have additional business commitments and won't be able to contribute
> to the Forum  from now on save for paying attention to the LTI series.
> This requires little time, anyway.
> 
> There are people who have been following some of my recommendations (I
> wish that CLI would make up its mind!).
> 
> I shall continue contributing to those few relevant Australian message
> boards, whenever I can find the time.
> 
> But for further recommendations on Australian stocks, you will need to
> access this site:
> http://www.ozestock.com.au/MessageBoard.asp?Action=ListBySymbol&Symbol=PTD
> 
> It is possible that I may recommend a stock in one of my posts on that
> site ( At present, recommendations will be few ). Obviously, you buy
> at your own risk!
> 
> Thank you Sharechat for having given me the opportunity to express my
> thoughts!
> 
> And special thanks to those contributors who continue posting to the
> Forum!
> 
> And readers, start posting!
> 
> Gerry
> 

-- 
____________________________________________________
Linux for old PCs: http://homepages.ihug.co.nz/~ichi



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