Forum Archive Index - February 2002

["Malcolm Cameron" <malharcameron@hotmail.com>]

This company to take advantage of increases in log or other bulk trafic will 
need such a huge capital injection, to upgrade tracks & rolling stock etc. 
That it will make the Fletcher Forests effort look like a pittance. this is 
why the big boys are getting out, they milked untill it is dry. This is MHO
Malcolm


>From: Jefley Aitken <jefley@xtra.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: "'sharechat@sharechat.co.nz'" <sharechat@sharechat.co.nz>
>Subject: [sharechat] TRH   was no posts
>Date: Sat, 23 Feb 2002 10:43:13 +1300
>
>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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M H & M M Cameron
55 Czarnecki Street
Camira 4300
Brisbane
Queensland
07 3389 0515


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