Forum Archive Index - February 2003

[prhughes@value.net.nz]

Hi

I have been watching Powerco for a short time, but haven.t as yet 
done any digging. Their ratios as at 20 Feb 2003 look attractive.

PE              9.4             Yield           11.6            P/NTA           
0.8

Which fall within my guidelines.

They finalised the deal with United Networks about a week ago. A 
line networks is not subject to the level of the lakes, which thus 
avoids the spike in prices which suppliers can encounter.

You flatter me Snoopy i am a simple chartist who uses a trend line 
and 2 moving averages, that's it. TA  folk have many sophisticated 
weapons in their arsenal. I am aware of some but have no desire to 
use. If they find useful, good luck to them.

Yes, Mary Buffet was interesting, good sometimes to get it from 
the horses mouth.Eventually they usually have a transcript 
available.

Bill

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