JC also has a passive portfolio. She has this year invested in PPL and PPG which have done very well (both retail clothing stocks). She knows Kathmandu inside out, hence if the IPO is any good you would expect her to invest in it. Just a theory.
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Looks like Jan has had a change of plan....
Jan Cameron is planning to launch 60 outdoor stores late next year – 30 in New Zealand and 30 in Australia, and she aims to heavily undercut her former company Kathmandu on price.
http://www.stuff.co.nz/business/indu...m-former-owner
Oh dear, Brian Gaynor does not like the IPO, it seems.
http://www.nzherald.co.nz/business/n...0605033&pnum=0
The Ozzies better like this one as they are definitely going to be able to get a few from moi!
Ozzy, ozzy, oint oint oint!
WITH all these big spending of other peoples money and what do you end up with KAT,
When there is an on going ready made winner in the the great south island called
Smith City chain of stores with very little debt and a great takeover TARGET...
Dr who...a few postings back you queired if JC was/could/will buy into this IPO...balance you seem to be all over the place....all this i find just weird.....a bunch of professional money folk...whose sole purpose on earth is to wake up and make dosh..they are paid to do that ...buy something and then try and flog it off....thats it....the cream is gone....only hope is left....why would anyone want to give these jokers exactly want they want.......
Most broker firm allocations closed last Wed/Thu I am told.