Forum Archive Index - July 2002

["geoff_julie" <gk_jawalker@paradise.net.nz>]

Hi Phaedrus

 

hate to be too cynical, most shares would be showing short-term sells signals at the moment wouldn't they!!

 

A few reasons why I like WAM, being more a FA investor than TA;

 

• They have a big foothold in Auckland via Redvale tip.  Big population growth, growing construction and infrastructure projects = more rubbish. 
• Councils around the country are looking at ways to save money, employing WAM achieves that aim.  WAM must be achieving good economies of scale (eg Waikato).
• A more diversified company now than several years ago, especially with recent Ozzy purchases.
• Green waste, gas reticulation, carbon tax sale bode well for the future.
• I like them!

Add FA & TA together = happiness and profits!?

 

 

Regards

 

Geoff Walker

 

 

disclaimer:    purchased WAM at $2.75 several months ago.  If I recall rightly, it may have been one of your charts that prompted me!