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  1. #1
    Speedy Az winner69's Avatar
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    Default SPO - Spotless Group Holdings

    Weldon prob happy to have something of substance listed on the NZX ... even if just to colelct some fees

    has trading actually started yet ... or is this just an non-event?

    Prioe recovering after it was priced as if going broke last March in the market turmoil that existed then

    SPT been involved in a lot of corporate activity over the years (some have failed like their bid for Programmed Maintenance) ..... maybe have an eye on some NZ targets and want some NZ investor capital in due course
    Last edited by STMOD; 12-01-2017 at 09:47 PM. Reason: code and name change

  2. #2
    Legend
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    There seems to be a lot of trading on the ASX, so I guess we'll warm up to SPT. I've seen one of their liaison staff working on a site in NZ, from that experience I guessed they are an agressive company and will try to get a share of the action whenever it presents itself. They're a big employer, don't pay big wages on average, but this is NZ after all.

  3. #3
    Speedy Az winner69's Avatar
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    Looks like Spotless Mark II on the bourse soon

    PEP done well over the last 2 years

    http://www.canberratimes.com.au/busi...428-37e8o.html

  4. #4
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    Hmm...just got an email from Craigs about this IPO.

    Reminds me of Feltex.

    Hmm...

  5. #5
    Michael Jacomb
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    I got the same but it's not for me I just have a bad feeling about this one.

  6. #6
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    Anyone else watching this IPO opening trade in Aust today? Shares issued at $A1.60. code now SPO
    Last edited by biker; 23-05-2014 at 12:50 PM.

  7. #7
    Speedy Az winner69's Avatar
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    Another wipeout on the market this week - Spotless this time. Down 40% on not so good news

    Private Equity getting a reputation this year with their IPOs not working out too well
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #8
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    You have to give Matt Brazier full credit for picking this disaster back in June.

    Some quality writing here...
    https://www.fool.com.au/2015/06/26/i...gs-ltd-a-sell/
    No advice here. Just banter. DYOR

  9. #9
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    Quote Originally Posted by noodles View Post
    You have to give Matt Brazier full credit for picking this disaster back in June.

    Some quality writing here...
    https://www.fool.com.au/2015/06/26/i...gs-ltd-a-sell/
    and big ups to Winston001 and thedigger - it oftens pays to listen to that gut feel.....

    and I like the Motley Fool advertising at the end of the article Noodles - ' why Slater and Gordon deserves a place in your portfolio' .....
    Last edited by Crackity; 03-12-2015 at 12:26 AM.

  10. #10
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    Maybe better value now at around $1. I'm buying at these levels. Fortunately got out of the IPO very soon after listing.

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