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02-07-2020, 10:35 AM
#521
Originally Posted by whatsup
Bal, dream on yeh and pigs will fly, just like the jones boy !!
Biggest con going to the gullible , and here was I thinking that you had more brains to get suckled into this B S, if you didn't have shares in MMH you would not have anything to this B S outfit, read my lips ( again ) IT WILL NOT HAPPEN, now or in 20 years time.
Write all you want, Whatsup - we shareholders are sitting on nice fat gains on our shares while you rave on like a demented lunatic.
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02-07-2020, 11:13 AM
#522
Member
I'm out at a modest profit, I cant abide any politicians at the best of times and relying on them to do/not do something is a mugs game
Much as I like ports, ships and marinas I'm out
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02-07-2020, 11:36 AM
#523
It is unfortunate Marsden Point development and associated infrastructure is being championed by a bunch of political rascals. This causes the ire of their opponents to be directed at the project. I fear if a National Government comes to power in the September election it will can the rail spur project as an act of political utu.
In my opinion the rail spur is the most worthy of the current governments spend like a drunken sailor infrastructure projects.
As for the financing of port developments wouldn't Kiwi Saver investment managers be falling over themselves to invest in something that will produce long term steady profits.
Boop boop de do
Marilyn
Diamonds are a girls best friend.
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02-07-2020, 12:25 PM
#524
Originally Posted by Balance
Write all you want, Whatsup - we shareholders are sitting on nice fat gains on our shares while you rave on like a demented lunatic.
Im only stating the obvious , truth always hurts but that is not my fault !!
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02-07-2020, 12:43 PM
#525
Originally Posted by whatsup
Im only stating the obvious , truth always hurts but that is not my fault !!
We get you - that watching the sp heading higher and higher from your exit point hurts.
You can heal the hurt by buying back - plenty of upside yet.
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02-07-2020, 01:15 PM
#526
Originally Posted by Balance
We get you - that watching the sp heading higher and higher from your exit point hurts.
You can heal the hurt by buying back - plenty of upside yet.
Personally I don't have a problem with people airing negative views – especially when i wouldn't mind picking up a few more at the right price.
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02-07-2020, 01:27 PM
#527
Originally Posted by traineeinvestor
Personally I don't have a problem with people airing negative views – especially when i wouldn't mind picking up a few more at the right price.
Which we have been doing of course.
Good news is that every time Whatsup repeats the same line each posting after some remotely negative news, he spooks a few nervous holders, the sp dips and then, goes higher a few days later.
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02-07-2020, 04:14 PM
#528
Originally Posted by Balance
Some kind of M&A deal will be worked out.
One scenario is for POA to sell the land around Auckland harbour (several billion dollars) and pump the money as equity into MMH.
Another is for a placement of shares to institutions and the likes of Infratil & NZ Super.
Could be combination.
I doubt very much POA is in a position to sell land around Auckland harbour. They bloody well better not be! POA is majority owned by Auckland Council isn't it? They are accountable to their ratepayers who I suspect would be loath to see that land pass to private ownership. Leased perhaps.
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02-07-2020, 05:58 PM
#529
Originally Posted by jonu
I doubt very much POA is in a position to sell land around Auckland harbour. They bloody well better not be! POA is majority owned by Auckland Council isn't it? They are accountable to their ratepayers who I suspect would be loath to see that land pass to private ownership. Leased perhaps.
Has anyone ever bothered to research what the legal requirement of the ownership of that land is going back over it since it was acquired some 150-170 years ago ?
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02-07-2020, 06:07 PM
#530
Originally Posted by whatsup
Has anyone ever bothered to research what the legal requirement of the ownership of that land is going back over it since it was acquired some 150-170 years ago ?
PS as I understand it under the amendment to the Public Works Act re compulsory acquisition if it is no longer required for the purposes that it was acquired for then it has to be offered back to its original owners (Maoris ) read, BIG BUN FIGHT !!!
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