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Re: [sharechat] a cautionary tale?


From: Stephen Judd <stephen@vital.org.nz>
Date: Thu, 26 Feb 2004 19:58:32 +1300


On Wed, 2004-02-25 at 23:07, tennyson@caverock.net.nz wrote:

> In New Zealand, and to a large extent Australia as well, we are blessed 
> with having a large number of high yielding investments to choose 
> from.    

By "yield" you mean "dividend yield", yes?

> With this kind of investment, forecasting growth in future years 
> is less important than short term forecasting the sustainability of the 
> current position.  

Could you clarify what you mean by "sustainability of the current
position"? Do you mean "ability to maintain current earnings and
dividends".

Thanks for your thoughtful reply. I am mulling. :-)

Stephen


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