Forum Archive Index - April 2003

["secondstep70" <secondstep70@hotmail.com>]

High Yeild?

You can't go past ATG.AX and KRS.AX. They have low PE ration and are in
uptrends.

Both are in recovery mode, and the market is just realising it.They are
small caps.

Both have NZ operation, but I don't know how profitable they are in NZ.

I would find it quite limiting to only choose from stocks that have some
trading in NZ, but best of luck.

Chris

Disc: Hold ATG.AX



----- Original Message -----
From: <tennyson@caverock.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, April 01, 2003 12:03 PM
Subject: Re: [sharechat] Investing in Steel - Apr 2003 Update


>
> Now all the gold talk has died down, it is time to turn our attention to
> where the real money is to be made.  This is, of course, investing in
> steel ;-).
>
> Well, the good news is that I sold out of BHP Steel (BSL) on 27th
> March at $A3.18.  Not a peak price (the share has since gone higher),
> but a price I am very happy with.   I stuck in there past the ex dividend
> date to get the dividend too.   I am now looking at putting this money
> into another Ozzie high yielding share, but one where the dividend is
> less under threat.
>
> Naturally being a 'steel bug', I am having a look at 'Onesteel'.    Any
> chance of one of our resident charting experts giving us a picture of
> where they think OST is going?
>
> Of course I don't want to fall in love with OST.  I would like to
> benchmark it against other possible high yielding Australian share
> purchases.  Any other suggestions from the forum?   I am particularly
> interested in those Australian companies that have profitable New
> Zealand arms, so I can take advantage of the coming trans tasman
> dual tax agreement.   You can leave out the Ozzie banks as I am
> already well represented in those.
>
> SNOOPY
>
>
> --
> Message sent by Snoopy
> on Pegasus Mail version 4.02
> ----------------------------------
> "Q: If you call a dog tail a leg, how many legs does a dog have?"
> "A: Four.  Calling a tail a leg doesn't make it a leg."
>
>
>
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