Forum Archive Index - January 2002

["Christian Mair" <product@adidas-ep.co.nz>]

Don't forget that Forecasts & Expectations also rule the price. Good & Bad
news are usually already factored into current shareprices and its up to the
company to deliver.

-----Original Message-----
From: sharechat-owner@sharechat.co.nz
[mailto:sharechat-owner@sharechat.co.nz]On Behalf Of Jeremy
Sent: Tuesday, 22 January 2002 2:21 p.m.
To: sharechat@sharechat.co.nz
Subject: [sharechat] CAH poor result


Why does CAH get an 8 cent boost in share price when it reports a $6 million
operating profit in the 9 months to December as compared to $237 million in
the corresponding period the previous year?

Is it some sort of reward by the sharemarket for not actually making a loss?

In the good old days, a company share price rose with a profit increase
because it was making more money to pay dividends.  Now it seems it rises
becase its 'not doing as badly as it could be'

These New Zealanders are crazy!


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