Forum Archive Index - January 2003

["ryanrite" <ryanrite@xtra.co.nz>]

The 2 shares that have done well for me over there
VCR going up like a rocket as they get there heart operation going
CEY also is making all time high good div. pe 8.4
A R
----- Original Message -----
From: <tennyson@caverock.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, January 21, 2003 9:28 PM
Subject: [sharechat] What's your favourite Australian share?


> After having a brief exchange on the focus investment group regarding
> exchange rates and saying they should be ignored, I can't help
> noticing that the cross rate with Australia is above 93c this
> morning.  In my observation the kiwi dollar often gets dragged up on
> the coat tails of the $A.  Perhaps this is happening again and this
> is why the $A is going higher too.
>
> An explanation of this which made sense was the large amount of US
> capital flowing into Australia as a result of the takeover of a major
> Australian wine maker by a US company.  If true, this could be a once
> in 5 year opportunity to invest in Australia at a very favourable
> exchange rate for New Zealanders.   Perhaps it is an opportune time
> to ask the group members what their favourite Australian share is,
> and more importantly, why?
>
> All contributions welcome ( even the gold brigade ;-) ).  The only
> restriction is that you can't hedge your bets.  You can only
> pick one share!  I'll put mine own favourite up once I can decide
> what it is!
>
> SNOOPY
>
>
>
> ---------------------------------
> Message sent by Snoopy
> e-mail  tennyson@caverock.net.nz
> on Pegasus Mail version 2.55
> ----------------------------------
> "Stay on the upside of the downside,
> Anticipate the anticipation!"
>
>
>
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