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Re: [sharechat] HRQ by macdunk

From: "mick" <>
Date: Sat, 29 May 2004 20:55:21 +1200

Your dead right Macdunk
The best  NZX companies rarely get a mention on this forum
My favourite NZX  company would be GPG
They have had an annual rate of return of over 18% since inception in 1991
Probably not quite up to your expectations but nevertheless, a good one to
have in your portfolio
Right now they are a bit overpriced but will probably be cheaper in 6 months time.
Another one I hold is CDL hotels
They have an NTA of 65c currently trading at 40 c
I think the outlook for tourism in NZ is good
Not only clean and green but also safe in NZ
They own and manage Millennium, Copthorne and Kingsgate hotels
They have two subsidiaries - Kingsgate International and CDL  investments
The main focus of the subsidiaries is property developement jn NZ and Australia
If your interested in Aussie resources shares let me know
there's some good buying opportunitties at the moment.

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