Forum Archive Index - December 2000

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Re: [sharechat] Confusing??

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Sat, 30 Dec 2000 15:09:43 +1300

Yes, they could both be right!

Air NZ did not hedge their fuel when they could have done so with an initial hedge @ $US 11 and kept on hedging thereafter.

So, they have been paying the full price and can only benefit, now they are buying at lower prices. How long will these last?

My entry on AIA of Dec 29, refers to this.

This 'help' could be temporary perhaps. Both Air NZ and Telecom seem to have a hard time in Aussie, don't they? Plenty of debt there!

Incidentally, there is an article on the back page of the NZ Herald's ( Weekend Herald ) finantial section by the widely respected Brent Sheather.

In the past he 'exposed' some of the fees the client of an advisor needed to pay. Now he talks about fees and bias of the paid advisor.

Nice of you to organize the 2001 picks!

Gerry

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