Forum Archive Index - January 2002

["andrew cottingham" <arco@adinfinitum.co.nz>]

LSG are in a consolidation channel at the moment. A close over 87c would be considered bullish. Currently 80-82c up 2c. The stock is pretty thinly traded (72,746 so far today). I consider them a high risk speculative stock, but if gold continues to glitter then they could work out extremely well.

Andrew

Disc - don't hold any.

----- 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