Forum Archive Index - December 2001

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

Hi capitalist,
> 
>
> Things are a bit quiet here, so to steal a thread from sharetrader,
> what are your picks for 2002? Mine being Telecom and Air NZ. 
>
>
Based on what?  The fact that what goes down must go up?

I was just thinking 2002 was facing up to being the hardest year to 
pick that I can remember, with the single exception of Air NZ which I 
will be astonsihed if the price doesn't dive 50% at least.  
Traditionally it has traded at 23-30% below its asset backing, which 
I guess now is around 24c.  And with the red ink continuing to flow I 
can't see it above 15c by the end of next year.

For my wild cards, I'll pick a couple of second liners.  Hellaby 
and Nuplex.  Why?   I don't follow these companies and don't know 
much about them, *except* they they have both cleared the initial 
screenign criteria of the Focus Investing Group- part of an elite 
group of only a dozen or so companies to do so.

What are the others?  Ah, you'll have to go to the Focus Investing 
Message board to find that out..... SNOOPY



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