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  1. #21
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    Quote Originally Posted by clip View Post
    What are people's thoughts on buying on the market on listing - this is one stock i'm quite keen to get a hold of a few early. I imagine (with little research as yet or many years in the market, nor knowledge of) there will be an increase on listing followed by some stag selling - anyone care to voice their opinion on this and check back later to see if they are right?
    (I will be DYOR'ing and not holding any grudges if my entry is astray to the posters's opinions I generally tend to keep an eye on )
    $2 by end yr but I've been mistakenly over exuberant before

  2. #22
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    CBL gets a mention in Roger Montgomery's newsletter.

    http://rogermontgomery.com/its-good-...eid=9f402457b0

  3. #23
    Divorced from logic Hectorplains's Avatar
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    Default Look before you leap...

    Quote Originally Posted by trader_jackson View Post
    I have heard things regarding some of the managers/directors pasts... lets just say I think they are "questionable" which is the reason why I'm not investing, unfortunately, because I did initially like it.

    I am also a little worried why CBL are so "hell bent" to get itself listed while they know it is a volatile/tough market... if it was such a great company why not wait till early next year (only a couple months away...) when things have stabilized and therefore are able to receive a higher price and more capital (Yes I know they say "they are looking for long term investors and don't care about short term volatility" but this just doesn't wash with me...)

    Anyway that's just some food for thought, because I don't "have a good feeling" about CBL (as a result of the above), I'm out.
    http://www.stuff.co.nz/business/worl...it-5-7m-ruling


  4. #24
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    Quote Originally Posted by Hectorplains View Post
    Above article is dated 6 October 2013. Has there been any update/verdict?

  5. #25
    Divorced from logic Hectorplains's Avatar
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    Quote Originally Posted by macduffy View Post
    Above article is dated 6 October 2013. Has there been any update/verdict?
    Three cases against them in the article. They lost the judgment on the first, the second was settled out of court and the third is still before Court (?)

  6. #26
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    http://www.nzherald.co.nz/business/n...ectid=11528210

    Well today's the day... judging from the few buy orders in as at 9:27, it doesn't look like there will be a huge bounce, although there is only one sell order in at $2 currently... should do ok I suppose as market conditions the previous few days have been quite positive.

    (disclosure: I did not buy any due to various concerns I have, particularly with management, as stated previously, but as with every new listing, I am watching with interest)
    Last edited by trader_jackson; 13-10-2015 at 08:30 AM.

  7. #27
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    I hope it does well. The IPO market is a bit lonely at the moment and it would be good to see a success.

    Dual listings usually do quite well.

    I didn't buy any this time as I have sold out of all my shares now for safety, but would like to see CBL do well.

    This interview with Peter Harris in particular rang very hollow:
    http://www.nzherald.co.nz/business/n...ectid=11525425
    He had to default to the "long-term investors can see right through the current volatility" type statements, which never sit very well with me, and are too sound-bitey and vacuous in my opinion
    Stagalicious

  8. #28
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    Listed today now $1.72 .

  9. #29
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    Up 14% on the placement price. I'm happy with that.

  10. #30
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    what's up? sp is rocketing up today! the new UK acquisition is great one?

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