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[sharechat] LPC Questions

From:	Harley <tomhow@paradise.net>
Date:	Thu, 18 Mar 2004 16:01:04 +1300


Hi Snoopy,


> I don't follow Southport closely.    Have they used the trick of revaluing 
>their assets to improve their balance sheet?

Re SPN-
Looking at the last  3 annual reports, there has been no change in asset 
valuations apart from depreciation. Shareholders equity is now above 80%
Chance of special div.? 
The Southland Regional Council holds 66% 

Harley


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[sharechat] SPN (was LPC Questions) tennyson@caverock.net.nz

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