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Re: [sharechat] Picks for 2002


From: "Chris Taylor" <c.taylor@ihug.co.nz>
Date: Sat, 22 Dec 2001 15:09:05 +1300


Looks as if the main players in the category of peoples choice are:

TEL, SKC, WHS, FBU, CAH, TLS, BGR and believe it or not AIR.

May the FOR be with you...(or not).
Merry Christmas
----- Original Message -----
From: <tennyson@caverock.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Sunday, December 23, 2001 3:58 AM
Subject: Re: [sharechat] Picks for 2002


> 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
>
>
>
> ---------------------------------
> Message sent by Snoopy
> e-mail  tennyson@caverock.net.nz
> on Pegasus Mail version 2.55
> ----------------------------------
> "You can tell me I'm wrong twice,
> but that still only makes me wrong once."
>
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>


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