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Re: [sharechat] CEN

From:	"Geoff Ewert" <gewert@wai.quik.co.nz>
Date:	Fri, 28 Apr 2000 08:37:40 +1200

Thanks Vincent.Was looking at buying this morning but will now do a little more homework.

----- Original Message -----

From: vincent.wang

To: sharechat

Sent: Friday, April 28, 2000 8:05 AM

Subject: [sharechat] CEN

Contact's 1999 net profit includes a large chunk of one-time gain, if you exclude that part, its return based on current share price is only about 8%, not 10%. It is reasonable cheap, not particular cheap.

Does the Labor government's proposed electricity reform have any thing to do with Contact's share price drop?

RGDS,

Vincent Wang

Disclosure: hold Contact, cost @3.10, sitting at big paper loss.

References

[sharechat] CEN vincent.wang

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