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Re: [sharechat] WAM Chart

From: "geoff_julie" <>
Date: Wed, 24 Jul 2002 22:35:25 +1200

Hi Phaedrus
hate to be too cynical, most shares would be showing short-term sells signals at the moment wouldn't they!!
A few reasons why I like WAM, being more a FA investor than TA;
  • They have a big foothold in Auckland via Redvale tip.  Big population growth, growing construction and infrastructure projects = more rubbish. 
  • Councils around the country are looking at ways to save money, employing WAM achieves that aim.  WAM must be achieving good economies of scale (eg Waikato).
  • A more diversified company now than several years ago, especially with recent Ozzy purchases.
  • Green waste, gas reticulation, carbon tax sale bode well for the future.
  • I like them!
Add FA & TA together = happiness and profits!?
Geoff Walker
disclaimer:    purchased WAM at $2.75 several months ago.  If I recall rightly, it may have been one of your charts that prompted me!

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