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[sharechat] Take a look at TTP.NZX before the final result is announced


From: "david.gibson" <david.gibson@k.co.nz>
Date: Fri, 30 Jan 2004 11:35:40 +1300


Sharechatters,
 
I strongly suggest you take a look at TTP.NZX before the 2003 year end result is announced in early February.
 
There are a number of strong trends that should show a significant benefit to the balance sheet:
 
1)  Successful Airpark Development - http://www.landlords.co.nz/article619.html
 
 
3)  Improved AUD$ to NZ$ exchange rate (TTP.NZX accounts are in NZ$)
 
4)  Buoyant commercial property sector
 
I am quivering with excitement at the possibility of a resumption in dividend payments!  By my estimate a figure of NZ$0.04 per share could be a possibility.  Price to NTA ratio is insane 0.38/0.58 = 65%!
 
Company web site http://www.ttp.co.nz/
 
Disclosure:  Hold TTP
 
/dbg

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