Forum Archive Index - September 2003

["allan russell" <allanrussell90@hotmail.com>]

FRE was not the risk it seemed, have still got them. If it all turned to 
custard they have a healthy div and that is a safety net of sorts , I look 
for a safety net in all investments made.
Being a lower priced share when it goes up 3 cents as it did today it really 
boosts the value to take advantage of this you need a lot of shares.
Allan.


>From: Matt & Vanessa <vibez@paradise.net.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: Re: Re: [sharechat] Portfolio Theory
>Date: Mon, 29 Sep 2003 20:23:05 +1200
>
>Mate, you've got 29 large in Freightways?  It scares me to think about 
>chunks that sizeable in just one investment.  However looks like they 
>haven't let you down today.  Stag it while you've got a chance!!  There 
>should be some nice loose change to redeploy.
>
>It surprises me that they've managed to get so much for the business - 
>surely freight & courier margins can't be that great....?
>
>smasha
>
>
>
>
>The basic concept I use is "buy any thing that looks like it will increase
>in value'' and sell it when it does.
>I buy in $29000.00 blocks to get the brokerage under $30.00, if the shares
>lose $1000.00 sell if they make more than $1000.00, it means the brokerage
>goes to $90.00, so I buy $20000.00 more split them wait and sell.
>At present I am takeing a risk, its called lack of diversifacation, and 
>have
>all my eggs in one basket FRE that will float at midday. I actually 
>expected
>my application to be scaled back, but it wasn't.
>By mid afternoon I will be either happy or sad.
>I hope this helps, I have made 12.9% since mid june. I have made many
>mistakes if I were to look back but the whole game is about anticipation 
>and
>looking fowared.
>Allan.

_________________________________________________________________
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http://www.xtra.co.nz/products/0,,5803,00.html !


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