Forum Archive Index - May 2004

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

Hi terry,
 
>
> Hi Snoopy , you say
> <<<<<<<<I don't see huge gains in the share price over the next 12
> months.  Perhaps $1.60 might be tops and $1.50 more likely. But add on
> the dividend (2.5+6.0+3.0c per share) and that still translates to a
> very nice return.>>>>>> also
>  <<<<<<<< It is very hard to see what I could  replace WRI with.   PGG
>  perhaps? >>>>>> 
> 
>You talk about  the dividends ,  What may I ask do you do with those?
>Do you buy more WRI  or some other tasty morsel, keep as cash
>waiting to pounce   or spend it?
>

Well, I like to think that I eat well ;-).    Yes I spend quite a lot of the 
dividends.   But when the piggy bank starts looking full, I direct some of 
it back into the market.  And yes I don't go out and spend it on shares 
willy nilly.  I do wait to pounce.

So what is your point?

SNOOPY




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Message sent by Snoopy 
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"Stay on the upside of the downside, 
Anticipate the anticipation!"




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