Forum Archive Index - March 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

 

Reference: " WORK......Inv. results (3) of Jan. 30.

 

1. NZ  STOCKS  and   PRICES ( $NZ ):

 

Companies:     BCH   SKC   WAM    AIA   AFF    TOT.( $NZ)

Recom.:4/11/0                                          0.44

Reco.:10/12/0  11.90    7.91    4.35    3.05             27.21 (A1)

Price now:     11.25    9.12    4.20    3.52   0.36    28.45 (B1)

Incr/decr. %   - 5.5     15.3    - 3.4    15.4  - 18.2 

 

2. AUS. STOCKS and PRICES ( $A ):

 

Companies:              TAB   QBE   CLH   LACO   TOT.($ NZ)

Recom:4/11/0(0.7633)                                2.38     3.12

Reco:18/11/0(0. 7720)                    1.73                 2.24

Reco:10/12/0(0.7816)  3.48   9.36                          16.43

                                                                          21.79 ( A2 )

Price now:  ( 0.8209) 3.28  10.01   3.50      3.75    25.02 ( B2 )

Incr/decr.% #           - 5.7     6.9   102.3     57.6

 

BOUGHT ( A1 + A2 ):                $ NZ 49.00

TODAY'S  VALUE ( B1 + B2 ):   $ NZ 53.47

 

INCREASE ( NZ ) :   9.12%

 

Notes. # : Based on $A. Mean weighted date of investment: Dec.5, 2000(ev) as per post of Jan.22: " WORK......... Inv. results ( 2 ).

Brokerage and stampduty have not been deducted.

 

Summary of increase in valuation since:

Date                       Period ( days )        Increase in value ( % )

Dec. 5, 00 ( bought )       0                               0

Jan. 3, 01                     29                              7.5

Jan. 21                         47                            11.5

Jan. 30                         56                            17.1

Feb.28 ( ev )                  85 (23% of Year)         9.1  

 

STOCK EXCHANGE INDICES:   NZ 40(CAP)       ORDIN. 500 

Dec.5, 00                                      1952                 3250

Jan. 3, 01                                      1902                 3152

Jan. 30                                          1991                 3284

Feb. 28                                         1972                 3274

Increase since Dec 5, 2000:             1%                  0.7%   

NB: TEL and NEWS have a large segment of the indices.

 

Comment: Australia is already in election mode.

 

Since the last listing of Jan. 30, losses have occurred in BCH, WAM, QBE and LACO. LAC is having a cash issue at present. 

QBE is to report on March 14.

 

SKC has made an offer to mr. Francis of FOR and we shall know the answer before March 6. 

 

 The key stocks: AIA, CLH and LACO will continue to do well in my opinion.

 

If SINGAPORE wants a controlling stake of say 50.1 % in AIA, then it will need to offer at least $ 4.50 / share!

 

AIA owns both land and buildings ! Key tenants are moving in! Land values are rising rapidly!

 

Today's CLH interim announcement resulted in a rise of 10 cents in the share price. A solid company!

Given time, could also be attractive to a foreign  buyer!

 

Disclaimer.

The reader is not asked to buy, hold or sell these stocks: Any such transaction will be at the reader's own risk!

 

Gerry