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Re: [sharechat] AIA - based on Sydney sale AIA worth $6.16


From: "Shares" <shares@whoami.com>
Date: Wed, 26 Jun 2002 09:41:09 +1200


Also as Mr King pointed out, prices aren't based on historical performance but upon future growth opportunities.
EK
----- Original Message -----
From: winner69 .
Sent: Tuesday, June 25, 2002 9:38 PM
Subject: [sharechat] AIA - based on Sydney sale AIA worth $6.16

Shares - maybe (perceived) physical size isn't everything?
 
Sydney EBITDA  year to June 2002 said to be A$320M. Auckland EBITDA estimate (mine) to June about NZ$150M
 
If Sydney is sold to be 'an excellent investment' then Auckland's financial performance alone would put it in the same league
 


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