Forum Archive Index - March 2004

["Allan Julian" <ajulian@xtra.co.nz>]

I agree with your comments, on an emotional level, however I feel on a rational level WHS is still a good stock. 5minutes after the market opened they were up 1cent on $500,000 t/o after 15 minutes of trading they were down 4 on t/o of $688,000 the market is confused. I have put my stop losses in. if they hit $4.14 Im 1/2 out and all out at $4.10 for better or worse.

Allan.

PS I can recall Mr Tindal having an exit date for Australia, if things dident come right, that gave the market some confidence, but it seems to have fallen through the cracks.

Allan.

 

I-----Original Message-----
From: sharechat-owner@sharechat.co.nz [mailto:sharechat-owner@sharechat.co.nz]On Behalf Of SJ.Greaves
Sent: Sunday, 29 February 2004 5:42 p.m.
To: sharechat@sharechat.co.nz
Subject: Re: Re: Re: [sharechat] WHS

If I owned WHS I'd be selling it. I reckon the share price may find a bit of support around the current level for a while, but realistically it will proberly see $3 before it sees $5 again.

 My recommendation would be to go buy a 2005 Diary and put WHS down to have another look at this time next year. Unless in the mean time they do cut there losses and get out of Oz which should present a good opportunity to buy.