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Forum Archive Index - June 2002

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[sharechat] Daily ShareChat News Summary


From: "The ShareChat Team" <info@sharechat.co.nz>
Date: 7 Jun 2002 20:11:54 -0000


Hi everyone, here's the summary of the ShareChat News from yesterday. 

If you'd like to receive notification of breaking news stories and 
features from the ShareChat editorial team as soon as they're 
available, please subscribe to the ShareChat News Alert Service, 
using the form at http://www.sharechat.co.nz/services/newsalert.php.

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Vertex major shareholders to sell 29.76 million shares

Vertex Group Holdings Ltd says it and two shareholders, Pacific Equity Partners 
and Bain Capital Ltd, plan to sell $61 million of shares in the company to 
other investors

http://www.sharechat.co.nz/news/scnews/article.php/792d402b

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Retail sales up 2.6 percent in April

New Zealanders continued to spend freely in April, with seasonally adjusted 
retail figures showing a 2.6 percent increase in sales compared with March

http://www.sharechat.co.nz/news/scnews/article.php/64953c3b

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Kiwi Income year profit $43.4 M

Listed property investor Kiwi Income Property Trust Ltd today posted a net 
profit after tax of $43.4 million for the year to March 31 and announced a 
one-for-six rights issue


http://www.sharechat.co.nz/news/scnews/article.php/dbaaf014

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Market warms to F&P Appliances result

Fisher and Paykel Appliances today posted a net profit of $1.2 million for the 
first four months of its existence after splitting from its healthcare cousin

http://www.sharechat.co.nz/news/scnews/article.php/b6f5e19a

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Should you buy a used share from your broker?

Used car salesmen have a reputation for being economical with the truth, but 
should we expect the same from a share broker?


http://www.sharechat.co.nz/news/scnews/article.php/c202a28d

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Retail sales surge but economists say it won't last

New Zealand's retail sales boom continues, with April sales figures easily 
beating market expectations

http://www.sharechat.co.nz/news/scnews/article.php/dc97c36d

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CHH flags purchase of 5 percent of Straightedge

Carter Holt Harvey has reached a conditional agreement to buy 5 percent of 
Straightedge Ltd, a Carter Holt spinoff specialising in building software

http://www.sharechat.co.nz/news/scnews/article.php/6b2a280a

Best Regards

The ShareChat Team

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