https://i.stuff.co.nz/business/12204...y+13+July+2020
For those that want a data....on how many kiwis back home n how many tourists left since march
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https://i.stuff.co.nz/business/12204...y+13+July+2020
For those that want a data....on how many kiwis back home n how many tourists left since march
You have to get through a fair few anecdotes before you find the data
"Between April and June, 56,871 people left New Zealand, so there was a net loss of 35,747 people during the three-month period, Customs data shows"
Jury is still out on whether returning kiwis will make up for the hugely reduced numbers of other immigrants.
Unintentionally parked outside The Sands in Brown's Bay yesterday eve...didn't notice until returning from dinner a couple of hours later. The wife couldn't understand the excitement but I thought it was pretty cool to have a look at something we have a partial interest in. Looks very nice from what I could see of it in the dark :-)
Seeing the $1.00 this morning :)
Lot of money flowing out of MET into OCA. Selling a non dividend paying dog with a dysfunctional board and inept management and a broken development model at a discount to NTA to buy a well governed, highest dividend yield for the sector, well managed company with the best development margins in the industry, still at a material discount to NAV. Very smart move in my opinion.
Meanwhile over at MET the arbitrage funds are piling into it looking for an "easy" 10 cents, (nearly $50m of shares by value changed hands yesterday). One wonders if they have ever heard the old "once bitten twice shy" adage ? What could possibly go wrong ? Surely we wouldn't be able to ride that roller-coaster yet again...or maybe, just maybe we might...:D :D