TPI - Transpacific Industries Group

[slam]

Hi All

This has been a good runner since it listed in May
Picked some up on the last dip to 3.50 (not quite at the bottom though unfortunately)
Busy little company, been making acquisitions already

I like the waste business, always money in cleaning up someone else’s mess

Be interested in other views on it

Cheers
Slam

[slam]

Z_Man

Yep bottom drawer for me
Any luck I might get a few more when they make a T/O play for TOX
Got a few of them

Cheers
Slam

[ananda77]

...TPI spending 70m to aquire:

- 7 solid waste businesses
- 3 liquid and industrial services businesses

both in NZ and A.

...wonder if Tox might be one of them???

Kind regards

[donnie]

heres the info i gathered up from the tread i started up on TPI.


http://www.sharetrader.co.nz/topic.a...earchTerms=tpi

I dont know if the link works or not.

[SEC]

I like the TPI story but not at current prices. Nice rise in recent days but overbought at the moment, will consider purchase upon retracement back to $6.30 - $6.50. There's also a huge equity raising in the next two weeks to consider.

SEC

[burtsboy]

Last price $9.09 and has 'buy' recommendation from my stockbroker. Might wait for couple of months and see if market gets colliwobbles - would like to get some for the bottom drawer. No doubt about it waste is great business.

[patsy]

Great company but I think that the opportunity and the "margin of safety" is somewhat gone. However, I have it in my watchlist for the time when and if it starts the downtrend.

I don't know what stockbroker you are talking about but I cannot see how it can have a "buy" recommendation at the present price and at the NPV given by the latest annual report. It's past its fair value.

[Footsie]

ABN recently upgraded to buy with t/p somewhere over 10

I for one, really like the industry, so do PE firms . paying a massive price for envirowaste in NZ

but yeaah, its too expensive meaning that in any market correction, yuo'll probably loose 25% .... and may need a long snorkel for a while...
eg May-August

If you're timeframe was 10 years, no problem, but most ppl dont have a 10 yr horizon.
i know the best my clients will give me is 12-18 months....

I would buy some in the 7's maybe even the low 8's

i believe the asx will have a 15-20% pullback at some point in 07. so i'll wait

still its in a nice uptrend at the mo

[slam]

Hi All
The rumor mill has it that they may be making a play for DMX
If so, I thing it is a buy, even at these levels
Mind you easy for me to say, I have been in TPI since late 05[8D]

Cheers
Slam

[SEC]

ABN recently upgraded to buy with t/p somewhere over 10

I for one, really like the industry, so do PE firms . paying a massive price for envirowaste in NZ

but yeaah, its too expensive meaning that in any market correction, yuo'll probably loose 25% .... and may need a long snorkel for a while...
eg May-August

If you're timeframe was 10 years, no problem, but most ppl dont have a 10 yr horizon.
i know the best my clients will give me is 12-18 months....

I would buy some in the 7's maybe even the low 8's

i believe the asx will have a 15-20% pullback at some point in 07. so i'll wait

still its in a nice uptrend at the mo

Quite a prescient post by Footsie there.

TPI plunged almost 30% in the correction and has struggled to regain its losses in the subsequent recovery. Can only think the lack of bounce is due to the flight toward safety at the big end of town. I bought a heap sub $11 last week to try and balance my resource heavy portfolio. I think TPI reports on the 29th - if TPI meets expectations of $103M NPAT watch for a bounce back to $13+.

SEC