sharetrader
Results 1 to 10 of 10

Thread: speirs group

  1. #1
    Member
    Join Date
    Aug 2015
    Posts
    267

    Default speirs group

    It would appear to me that it will be a for gone conclusion that Speirs lists on the Unlisted market.
    The Speirs board have come out in favour of delisting from the NZAX so Unlisted here we come.
    I am still trying to think of any benefits for the ordinary shareholder with this move,however I pray that they are substantial.(a lot of prayers needed me thinks).
    .
    I recall many years ago reading an article in the Herald by Brian Gaynor,when Cynotec delisted.If I recall correctly Gaynor labelled it as a disaster for ordinary shareholders.

  2. #2
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    1,661

    Default

    Quote Originally Posted by beetills View Post
    It would appear to me that it will be a for gone conclusion that Speirs lists on the Unlisted market.
    The Speirs board have come out in favour of delisting from the NZAX so Unlisted here we come.
    I am still trying to think of any benefits for the ordinary shareholder with this move,however I pray that they are substantial.(a lot of prayers needed me thinks).
    .
    I recall many years ago reading an article in the Herald by Brian Gaynor,when Cynotec delisted.If I recall correctly Gaynor labelled it as a disaster for ordinary shareholders.
    One benefit might not be having to pay large listing fees and possibly less compliance fees.
    Obviously pros and cons with both , but some may see this as a benefit ......

  3. #3
    Member
    Join Date
    Aug 2015
    Posts
    267

    Default

    Should shareholders expect aa annual report this year as all their earnings for 30/06/16 occurred when listed on the NZAX.?

  4. #4
    Member
    Join Date
    Aug 2015
    Posts
    267

    Default

    Annual report out today.Normal blah blah about building shareholder value blah blah.

  5. #5
    Member
    Join Date
    Aug 2015
    Posts
    267

    Default

    Will there ever be a time when weather or market conditions don't affect SGLs profit?
    Every report is a copy of the previous one.

  6. #6
    Member
    Join Date
    Aug 2015
    Posts
    267

    Default

    Delay in releasing results as a company that they own 3% of sweet FA is having problems getting their act together due to restructuring.
    How about just a little hint of how your other companies performed.

  7. #7
    Member
    Join Date
    Aug 2015
    Posts
    267

    Default

    Another disappointing result along with the usual excuses.Methinks it's time they put themselves on the market and let somebody else have a go.

  8. #8
    Member
    Join Date
    Aug 2015
    Posts
    267

    Default

    Speirs have sold their 40% shareholding in Rosa Foods.
    Now i hope somebody wants to buy them.

  9. #9
    Member
    Join Date
    Aug 2015
    Posts
    267

    Default

    33% of Speirs operating business has been sold to its General Manager.According to the news release its a win win situation for both parties.
    Lets hope it s a win win for the long suffering shareholders.

  10. #10
    Member
    Join Date
    Aug 2015
    Posts
    267

    Default

    Another YAWN.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •