i smell a takeover.....need $14-$15, page-4

re: i smell a takeover ...need $14-$15 + other iss Stock jock - your right, the best time to takeover a company is when times are bad. The fact is most takeovers (regardless of sector) occur when times are good ..... as boards would much rather pay a premium for a company, than purchase a company for par value or below against the trend of the buisness cycle.

E.g. Bristile - was takeover target for 2 years previous, but offer didn't come until near the peak of the building and housing sector boom.

I want NCM to stay Aust. owned. Once the resources are gone - thats it. Need to greatly increase company tax and reduce individual taxes. Nation gets bullied by majors to so we cut them cushy deals so they dont look elsewhere - I say let them look elsewhere cause they WILL be back (better luck in PNG, Algeria, Sierra Leonne, Russia ... I dont think so).

I sold my NCM yesterday but may buy back? I think the the strength is not solely a function of the POG.

Adios