----- Original Message -----
Sent: Tuesday, September 30, 2003 7:27
PM
Subject: Re: Re: Re: [sharechat]
Portfolio Theory
Yeah, fair call Allan - I wasn't clued up
enough on the dividend. Just call it "IPO envy"
!!
smasha
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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