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Re: [sharechat] CAH


From: "Grant Keymer" <grant@jenlogix.co.nz>
Date: Thu, 18 Jan 2001 09:28:20 +1300


>Interesting article in this morning's Sydney Morning Herald  regarding
>further signs that the Australian building industry is emerging from its
>slump.
>-Dec housing finance up over 10% from Nov.
>-Home lending in NSW up 11%-The best result since Feb last year
>-"Dwelling investment should begin to contribute positively to GDP growth
>around mid-year."

>Couple that with the possibility of falling interest rates in Aust and CAH
>could hopefully be at the beginning of a return to a much higher share
>price.
 
Good Point Brian,
 
Maybe that was behind the 6c rise in CAH yesterday...
It's been a long time coming, but is nonetheless very welcome  :)
 
Cheers
 
Grant Keymer
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