Forum Archive Index - January 2002

["Phil Boeyen" <pboeyen@sharechat.co.nz>]

Nick

 

I bought into this company when it floated some time ago at A$1.00 thru JB Were.  I liked the sound of their diversification. Sold out at A$0.65, so obviously I should have held on.  Can't fill you in much but I can tell you they appeared to have pretty good IR.  They were very up with the play re emailing shareholders about their current plans and visiting NZ to update shareholders once a year.  Sorry I can't enlighten you further. Given the resource sector is back in play in Aussie at the moment, this co would appear to be worth a second glance.

 

Cheers, Phil

 

 

 

----- Original Message -----

From: nick

To: sharechat@sharechat.co.nz

Sent: Wednesday, January 30, 2002 4:45 PM

Subject: [sharechat] Lion selection group

       I posted a message here at the weekend about this company but recieved no response. Does anybody have any knowledge of this outfit? To me they look very attractive.

      1. Maiden dividend due of 3c a share (feb 8 record date)

      2. Number of likely floats of their investments, first is Havilah

      3. Major shareholder is buying shares (see todays news)

      4. J.B.Were have rated them a buy, incidentlty the managing director of

          the group used to be a senior analyst with Weres. On their buy note they

          cite that there is likely to be plenty of good news flowing from the company

         in the next few months

      5.  NTA is over a dollar but shareprice only .82c  up 2 today so far

      6. They provide a low risk entry into the gold sector, which many analysts are picking

          to perform well this year.

      7. They are classified as a pooled development fund which gives good tax advantages,

          this means no capital gains tax on transactions

                 Find out more at http://www.lionselection.com.au

 

  Nick