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Microcap & Penny Stocks : CHC Helicopter (FLYAF) Wins HUGE contracts- solid buy...

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To: DGENTIL who wrote (21)1/21/1997 1:53:00 AM
From: Ron Everest   of 71
 
I invested in CHC for many years and ultimately came to these conclusions:
- It is too tightly held, not enough shares trading
- It has great value but is too cyclical, loses in 3rd and 4th quarters but does very well in Q1 and 2.
- Dobbin father and son are extravagant with CHC monies, ie: the fishing lodge at C$750,000.
- They had a bent for destruction with the UN contracts in Africa, big Dobbin egos cost the company half its value for many years including now...it continues.
- They have some good management now, however the fear of mismanagement by the Dobbin's continues. Air Atlantic fiasco didn't help.

Thought you might be interested in MHO. Have these people decided that the enhancement of share value is important? The jury is still out and waiting, albeit it has moved a couple of bucks in the past year.

Am willing to field questions, have a large file on this company going way back.

Best regards,
Ron E
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