Forum Archive Index - March 2002

["nick" <helmett@xtra.co.nz>]

       Good to see the greenies encouraging aucklanders and wellingtonians out of their cars and onto the trains. The techies maybe jumping on board now that 3.90 resistance has been broken. The par o bollocks

 Mr P was talking about is now under the price and the downtrend  is broken.

    See ABN AMRO upgraded them to a buy as well.    One big trade of 500000 shares went through today, the stock certainly seems to be attracting institutional support.  Armstrong jones have waded in with a 6% stake.  Patient money will be rewarded with this stock, In 2003 the benefits of the restructuring will be beginning to show through, with earnings per share forecast to double next year, and with the costs of restructuring gone we will see some "clean" results

 

 Nick