Forum Archive Index - September 2003

["David & Jill Stevenson" <djstevo@quicksilver.net.nz>]

For one who follows fundamental s there is probably no better growth share to follow than GPG . They invest in  such a broad spectrum of shares. As with a trader , if they make a rare mistake they quit that investment. A particular criteria appears to be that which has been around a long time . Proven the test of time .eg. shipyards. In fact Ron Brierley cut his international teeth on Hong Kong shipyards via Industrial Equity Pacific Ltd. That which can be resurrected because perhaps previously mismanaged yet  capable of resurrection or salvage.I found  that if you can access GPG`s portfolio you can monitor each and every share therein on the UK or US market overnight and be one jump ahead of the market as the next day starts in NZ. I made it my job to know their portfolio investment backgrounds  totally - to be better informed than 99.9% of other shareholders. That is not arrogance!.It is cautious investing.

   Can anyone suggest any other share that you can revalue each day independently of information released by that company without feeling vulnerable to misinformation by 3rd parties with their own agendas. Michael Cullen should put an undue investment bias on GPG in any disposition of National Superannuation investment funds . Rather than relying on investment advisers who would not be half as worldly wise as Sir Ron Brierley.By past experience  I do not consider myself biased. Sir Ron Brierley,I feel has a social conscience, in the interests of New Zealanders who might have felt they were  let down by Brierley Investments Ltd . That Company at one time had over 180,000 NZ. shareholders.Sir Ron Brierley appears to have a mission to regain the confidence of those who switched to GPG.

 

         David S.