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| From: | "nick" <acummin@es.co.nz> |
| Date: | Sat, 6 Jan 2001 17:38:04 +1300 |
Amusing to see fletcher forests figuring so prominently,
barely a month ago nobody could even agree as to whether
taking up the option at 25c was a good idea , or throwing money
away.
Now a month later nothing has changed except the forest price
is now around 30c and suddenly its the flavour of the month.
Also interesting is that none go for nufarm, is this because it is now
considered australian?.
My own tips?
Wrightsons- still plenty of upside as the agricultural recovery
continiues
Nufarm - reasons given elsewhere
GPG - always seem to do ok
Frucor - crucial year ahead for them, think they either gonna
do very well or falter, im still picking the former
tourism holdings - look oversold and are sure to be back over 2 dollars
before long.
All told looks like now could be a great time to buy nz stocks
the values certainly there and its hard to see many going much lower
im predicting a good year
nick
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