Forum Archive Index - March 2002

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

         The shareprice is taking the scenic route at the moment, the
passengers are enjoying some spectacular scenery as they wind their way to
their destination.
  Interesting owens group is suffering, citing more competition for freight
in NZ.    Transrail must figure in that competition and is hopefully taking
some of owens portion.
 Where i work i can see the lines just to the west of chch rail station, the
amount of freight going past seems to have increased somewhat over the last
year. If the holdups i have to endure at the level crossing most afternoons
are anything to go by volume is picking up.
       Wouldnt be suprised to see transrail form closer links with one of
the road transport firms in the near future, could be a useful alliance
there somewhere.
      I expect the price to pick up more towards the end of the year, the
next result probably will not be too flash as restructuring costs will still
dominate.  There appears to be plenty of institutional buying occuring at
the moment, taking advantage of the undervalued shareprice




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