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Thread: Tegel IPO

  1. #1461
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    Quote Originally Posted by Not too Flash View Post
    With shares currently selling @ $1.14 presumably still some doubt about takeover @ 1.23 happening ...
    Bounty have reached the 20% limit so can no longer buy on market. There has been a large institutional sell down and this is continuing, hence the downward price pressure. Question is do they know something we don't, or are they just obligated to reduce their exposure.

  2. #1462
    ShareTrader Legend bull....'s Avatar
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    chicken farm on hold due to environmental issues and smells and maori issues

    https://www.stuff.co.nz/auckland/loc...o-be-suspended

    not supporting the issue but in general another example of resource management act taking fore ever to be able to do anything in nz
    one step ahead of the herd

  3. #1463
    Legend Balance's Avatar
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    Quote Originally Posted by bull.... View Post
    chicken farm on hold due to environmental issues and smells and maori issues

    https://www.stuff.co.nz/auckland/loc...o-be-suspended

    not supporting the issue but in general another example of resource management act taking fore ever to be able to do anything in nz
    Just needs some koha to the local Maoris and $$$$ to the council, and many objections mysteriously disappear!

    In an area desperate for employment opportunities and economic growth to wean the population off drugs and crime, the usual selfish do nothing and do gooders prefer to promote hopelessness and despair.

    Modern farming methods and waste disposal take away most if not all of the issues the objectors have.

  4. #1464
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    share price looking a bit soggy...OIO approval would be a timely step forward for the takeover

  5. #1465
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    Quote Originally Posted by Balance View Post
    Just needs some koha to the local Maoris and $$$$ to the council, and many objections mysteriously disappear!

    In an area desperate for employment opportunities and economic growth to wean the population off drugs and crime, the usual selfish do nothing and do gooders prefer to promote hopelessness and despair.

    Modern farming methods and waste disposal take away most if not all of the issues the objectors have.
    Not sure Koha would get rid of the environmental issues there.The ground there is not very free draining.If they think a dairy farm is prone to N leaching there I'd hate to think how much N leaching from a free range chicken farm would be ???

  6. #1466
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    Surprising how quickly people forget the offer price meanwhile a little stonewalling helps to keep pushing sp lower??

  7. #1467
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    Quote Originally Posted by kiora View Post
    Not sure Koha would get rid of the environmental issues there.The ground there is not very free draining.If they think a dairy farm is prone to N leaching there I'd hate to think how much N leaching from a free range chicken farm would be ???
    Fair point.

    Chickens probably do not generate as much **** as farm animals but is definitely more toxic to the environment.

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  9. #1469
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    Synthetic chicken and red meat has a lot of big money and names (eg richard Branson)behind it. Dealing with the humane aspects just one of many advantages.

    44:21

  10. #1470
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    Am I missing anything?

    Buy circa $1.12, and if OIO approval goes ahead, Bounty buy back @ $1.23. (therefore 9-10ish % return).
    If OIO approval is declined share price will 'plummet'.

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