sharetrader
Page 33 of 234 FirstFirst ... 232930313233343536374383133 ... LastLast
Results 321 to 330 of 2332
  1. #321
    Dilettante
    Join Date
    Mar 2010
    Location
    Down & out
    Posts
    5,407

    Default

    Quote Originally Posted by winner69 View Post
    Will be interesting to see who they are buying this stake for http://www.nzherald.co.nz/business/n...ectid=12033283

  2. #322
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,489

    Default

    Quote Originally Posted by winner69 View Post

    http://www.nzherald.co.nz/business/n...ectid=12033283

    I smell a planted story designed to get the sp up and profits via the plant.

    Ellerton makes it very clear that the shares were bought in a discretionary manner for clients - not under the direction of any client!

    If Wesfarmers is the beneficial owner, it would have had to disclose so - otherwise, it risks forfeiture of the shares.
    Last edited by Balance; 16-04-2018 at 08:02 AM.

  3. #323
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,739

    Default

    Quote Originally Posted by Balance View Post
    http://www.nzherald.co.nz/business/n...ectid=12033283

    I smell a planted story designed to get the sp up and profits via the plant.

    Ellerton makes it very clear that the shares were bought in a discretionary manner for clients - not under the direction of any client!
    Agree

    Just saw a bargain eh ......but rumours don’t do any harm do they!
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #324
    Banned
    Join Date
    May 2013
    Posts
    470

    Default

    Another possible scenario is they have bought for Wesfarmers but also other clients which took them over 5%...might be Wesfarmers are 4.9% and the balance that tipped them over 5% was for other clients as seems odd to go to 5.13% and thus be forced to disclose.

    The stake is worth $200m+ which is a large bet for a fund manager with $5b but not out of the question if they see real value at $6...

  5. #325
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    10,993

    Default

    ill try my luck on a short again on the open in aus worked nicely last week , pump and dump stories i reckon
    one step ahead of the herd

  6. #326
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,435

    Default

    Quote Originally Posted by Balance View Post
    If Wesfarmers is the beneficial owner, it would have had to disclose so - otherwise, it risks forfeiture of the shares.
    yes thanks for that comment Balance, here was me thinking "thats a bit of a Claytons disclosure"

  7. #327
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,489

    Default

    Quote Originally Posted by peat View Post
    yes thanks for that comment Balance, here was me thinking "thats a bit of a Claytons disclosure"
    http://www.nzherald.co.nz/business/n...ectid=12033325

    "Doing what other fund managers do" BUT the media writes it up as Wesfarmers and a takeover in the offing.

    NZX and FMA investigating or asleep at the wheels as per usual?

  8. #328
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    10,993

    Default

    Quote Originally Posted by Balance View Post
    http://www.nzherald.co.nz/business/n...ectid=12033325

    "Doing what other fund managers do" BUT the media writes it up as Wesfarmers and a takeover in the offing.

    NZX and FMA investigating or asleep at the wheels as per usual?
    good stories offer opportunity for the brave - my shorts are in the money so far
    one step ahead of the herd

  9. #329
    Junior Member
    Join Date
    Mar 2018
    Posts
    16

    Default

    Still have the US debt to deal with which is having some issues, not as easy as they initially thought it would be. But at least some positive news flow

  10. #330
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,489

    Default

    Quote Originally Posted by Pavan Sharma View Post
    Still have the US debt to deal with which is having some issues, not as easy as they initially thought it would be. But at least some positive news flow
    As in one fund manger buying shares?

    And then, someone planting a BS story as to who was buying?

Tags for this Thread

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
  •