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[sharechat] Daily ShareChat News Summary

From: "Ben Dutton" <>
Date: Sat, 23 Dec 2000 13:22:52 +1300

Hi everyone, here's the summary of the ShareChat News from yesterday.

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Yesterday's ShareChat News:

Weekly Diary: Friday November 22nd 2000

A summary of dividend dates, company meetings, and other important
information on NZSE listed companies


ElderCare Repositions into Loss

Nursing and resthome operator ElderCare has made an interim loss of $6.7
million as a result of non-cash and one-off restructuring costs associated
with repositioning itself into additional medical and health care


The Investor Column: Plan For Investment Success

Every investor makes a New Year resolution to produce better returns from
their assets. As with all resolutions at this time of year, wishing is
rarely enough to make those dreams come true.


Greener Pastures for Rural Stocks

Rising commodity prices, good weather and the low dollar are helping rural
companies out of the doldrums, but is the improved outlook being reflected
in their share prices? ShareChat Wellington correspondent Perry Williams


eVentures Upbeat Despite E-Loan Troubles

The worldwide slaughter of dotcom stocks isn't fazing the head of New
Zealand listed web company eVentures, who is promising bigger and brighter
things in the New Year despite the near-demise of E-Loan, its first online


Savoy Facing Loss as it Exits Tech Sector

Savoy Equities is forecasting a loss for the full financial year and has
confirmed the sell-off of its technology subsidiary, eSavoy, after plans for
a $45 million share placement in Asia fell through.


National Mail Reveals Extent of Red Ink

Troubled mail delivery service, National Mail, has reported it lost $7.55
million dollars in the year to the end of June, more than doubling last
year's deficit.


Telecom Reviews AAPT's New Mobile Service

Telecom's AAPT subsidiary and Lucent Technologies have agreed to a
comprehensive mutual review of the roll-out of a CDMA mobile network in


Ansett Still Keen on Hazelton

Air New Zealand subsidiary Ansett Australia is likely to try to allay
regulatory fears over its bid for New South Wales regional carrier Hazelton


Carter Holt Packages Profits in Iran

Carter Holt Harvey is looking at further opportunities for its packaging
technology in the Middle East following the success of a deal with Iran's
kiwifruit industry.


Tower Tackles Health Leader

Insurance and financial services company Tower is promising to give health
market leader Southern Cross a run for its money with a range of new
products to be launched next year.


Merry Christmas!

The ShareChat Team

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