Forum Archive Index - February 2002

[Jefley Aitken <jefley@xtra.co.nz>]

yo nick helmett!
thanks for the reasons behind the trh buy.  the 'increase in log exports' 
advantage is beyond my timeframe, but the benefits from the restructure 
should be quicker.
however, am balking at the pe: 'twixt 84 and 97 ...  with the div between 
2.2 and 4.2%, this is not something i'd normally look at.
my broker concurs with the true value ~$5.50, but i'm not really convinced, 
and feel that if i do buy in, it will be for a short time only, and timed 
on TA signals.
good luck, jefley


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