02.01.2001 retam
Anbei einen Auszug:
Hans-Rudi Moser, one of the influential European fund managers whose foreign cash helped fuel the dot com boom in Western Australia, has returned to Perth to pick over the bargains.
Moser, along with fellow European fund managers like Ludger Kohmascher, Thomas Roeggla and Andreas Reitmeier, wrote the cheques for many of Perth's dot com deals which achieved backdoor sharemarket listings via dormant exploration stocks.
Many of those deals were done by a group of corporate accountants headed by Reg Gillard that became well known as "the Balcatta Boys", after the working-class Perth suburb.
During the high-tech boom, the Balcatta Boys were the most valuable networking connections in Perth. Seasoned stock promoters soon learned that enticing a Moser, Reitmeier, Kohmascher or Roeggla onto a share register almost guaranteed an overnight sharemarket run on their shares.
In the wake of the tech crash, however, many of those stocks have returned to their penny dreadful status.
But in an interview with The Australian Financial Review, Moser said many of the individual clients of his Investa AG group, from countries like Austria, Switzerland, Holland, Germany and the UK, had been clever enough to sell their high-tech stocks during the bull run.
"A lot of the clients have made enormous profits ... and a lot of them did realise the profits," Moser said.
"A year ago we had such a strong upturn in the market, a boom that drove prices to record levels, like Davnet being $6, like Shield Equities being about 80¢, Union Capital going up to 60¢, Spinifex going up to 45¢.
"These were levels where a lot of our clients said, 'We have made so much money, let's go out.'
"Of course, if a share price goes up from 10¢ to 60¢, or like in the case of Davnet from 20¢ to $6, then you have to be stupid not to be realising your profit."
Moser said the fact that Investa AG had often invested at a seed capital stage meant his clients weren't as exposed to the high-tech crash as many other punters.
"Some of the clients didn't sell, but as they have gone into these stocks at usually low levels, they are now breaking even, or they are losing up to 40 or 50 per cent. So it's not that bad."
Moser said he also believed the other European fund managers, like Roeggla, had also sold stock into the high-tech boom before April.
"I can't speak for them, but I think they have also realised the profits from many companies," Moser said.
But eight months after the tech crash, Moser is back in town with his satchel of cash, looking for oversold bargains for his European clients in the high-tech and related sectors.
It is understood Moser has invested about $1.5 million in Perth-based legal services group AussieCover Ltd, while Investa AG clients have also increased their collective stake in Davnet via a $4.2 million placement and a $9.5 million share swap.
Quelle: afr.com/it/2001/01/02/FFX4LHK0FHC.html