DANGER! Gould may attempt another MPM!!!

[Steve]

I am surprised that there were no comments from this earlier in the week in the NZ Herald:

Gould corners more ad firms
http://www.nzherald.co.nz/index.cfm?c_id=3&ObjectID=10009094

The owner of Oggi, Gordon Frykberg, believes the purchases are a precursor to a sharemarket float.

"He needs enough media clout and he also needs to talk it up - which is what he's doing," said Frykberg, referring to the company's statement on the purchases.

OBVIOUSLY the MPM scam was so good last year that Mr Gould imagines that he can get away with it again...

[Paper Tiger]

Probably an IPO to avoid then [:0]

[clearasmud]

who cares!
the hard way is a sure and necessary way to learn.

[AshMayo]

Seems like Gould thinks this is a big marketplace and the retail investor wont remember.

[Ted2]

Priced right it would be worth it. Am in the biz and these are money trees in the current climate!
Ted

[Sharebroker]

quote:Originally posted by AshMayo

Seems like Gould thinks this is a big marketplace and the retail investor wont remember.


Of course the retail investor won't remember. How else do you think that they come back to be fleeced time and again?

[Halebop]

Well personally I think its more amazing people didn't see the first one coming! His next offering might be a little more cooly received irrespective of the merits.

[Steve]

I wonder if 108-year old Greenslades would want to get involved this time around, for what would be their 2nd IPO?!

[AshMayo]

I hear some reasonable numbers are due out soon on MPM which may give things a boost. Gould being the owner of half will be keen to see areasonable dividend.

[Sharebroker]

quote:Originally posted by AshMayo

I hear some reasonable numbers are due out soon on MPM which may give things a boost. Gould being the owner of half will be keen to see areasonable dividend.


Why? He paid nothing for his 50% plus share.

[Steve]

quote:Originally posted by Ted2


Priced right it would be worth it. Am in the biz and these are money trees in the current climate!
Ted


Ted, you bought into the MPM float, didn't you?;)

[Ted2]

Stevey boy
Know nothing about mortgages. Do know about the new biz tho. Hence my comment. Can't recall ever making a comment on MPM, and wouldn't have touched it with your bargepole.

[clips]

yes " bargepole ", as in not going within that distance of, one of the first words that spring to mind when i hear the name gould.

[Steve]

quote:Originally posted by clips

yes " bargepole ", as in not going within that distance of, one of the first words that spring to mind when i hear the name gould.


So Clips, you bought into MPM then?

[clips]

no just observed from the sidelines, one of the better things i've done in the last couple of years

[JAMP]

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Roughly twelve months down the track from the last post in this thread, and I am convinced that a certain Mr Gould wishes he hadn't sold his holding down the river so cheaply. I am also convinced that a certain Mr Gould has learnt some lessons from his recent finger-burning experience. It will be interesting to see whether the market follows him into his next investment with such exuberance...

I am keen to hear others views on NZF and their "new and improved" takeover offer ($1.05) for MPM. I am personally in no doubt that NZF want 100% of MPM.

I am now trying to determine whether NZF will play this takeover offer in the same fashion as their last one - expire the offer and start again with a new offer a traditional sense - amend and extend the existing terms (bid price) of the offer until such time as they reach 90%Regards JAMP
NZX: AIA LPL MCH MPM MVN NZO NZOOD PPG RBD SAN SKX SPN
NZAX: CVT NWFOA SAT
Unlisted: BRK