MMH - Marsden Maritime Holdings

[Balance]

good to see some politicians with common sense.

moving the port will open up the whole far north to growth in time , transform it from a region where school leavers have little to look forward too , to a region with thriving opportunities to work in a export company. imagine to if cannabis became a export product up north as well the region is a gold mine waiting to be opening.
but will jacinda have the balls to actually achieve anything big in her term?

The huge benefits of shifting POA operations to Northland nicely summed up by the two of them:

https://www.newshub.co.nz/home/new-z...ort-north.html

"The real opportunity to unlock the full potential of a world-class city like Auckland rests with relocating the port. I fully support this sensible initiative," Sir John reportedly wrote on his Facebook page.

"Much to be said for big vision plan for upper North Island NZ port infrastructure: regional development & employment benefits for Northland; releases valuable Auckland waterfront land for higher value purposes for #worldclasscity than Ports of Auckland car park development," tweeted Clark.

What critics of the proposal have not done (as evidenced by their comments and there are some very telling ones on this forum too) :

1. Read the reports in full,

2. Have a far sighted vision of what a fantastic city Auckland can be when prime valuable expensive ($6 billion) land making up 25% of CBD is freed up for proper integrated development,

3. Understand the collateral huge benefits to Northland, one of the most underdeveloped regions in NZ with unlimited economic, recreational and residential potential from providing proper infrastructure to connect the north with Auckland, and in turn the rest of NZ.

What we have had are the likes of POA (vision - multi-storey car-park on the waterfront) and the land transport industry (heaps of trucks tearing up our highways with repairs & maintenance paid by taxpayers) voicing opposition based purely on their self-interests.*

* Which they are entitled to and should.

[whatsup]

The huge benefits of shifting POA operations to Northland nicely summed up by the two of them:

https://www.newshub.co.nz/home/new-z...ort-north.html

"The real opportunity to unlock the full potential of a world-class city like Auckland rests with relocating the port. I fully support this sensible initiative," Sir John reportedly wrote on his Facebook page.

"Much to be said for big vision plan for upper North Island NZ port infrastructure: regional development & employment benefits for Northland; releases valuable Auckland waterfront land for higher value purposes for #worldclasscity than Ports of Auckland car park development," tweeted Clark.

What critics of the proposal have not done (as evidenced by their comments and there are some very telling ones on this forum too) :

1. Read the reports in full,

2. Have a far sighted vision of what a fantastic city Auckland can be when prime valuable expensive ($6 billion) land making up 25% of CBD is freed up for proper integrated development,

3. Understand the collateral huge benefits to Northland, one of the most underdeveloped regions in NZ with unlimited economic, recreational and residential potential from providing proper infrastructure to connect the north with Auckland, and in turn the rest of NZ.

What we have had are the likes of POA (vision - multi-storey car-park on the waterfront) and the land transport industry (heaps of trucks tearing up our highways with repairs & maintenance paid by taxpayers) voicing opposition based purely on their self-interests.*

* Which they are entitled to and should.

It will not happen, how many times do I have to tell youall ?

[Balance]

It will not happen, how many times do I have to tell youall ?

You can keep repeating it but it is not going to change the outcome -

1. The time for POA's gross incompetence in managing $6 billion asset to deliver bugger all,

2. Taxpayers footing the multi-billion dollar costs/bill to offset the traffic jams and infrastructure needs to support trucks tearing up our highways,

3. Using the waterfront for a car-park

is coming to an end.

You read the Reports yet?

Think about your credibility (now and in future) before you reply.

[whatsup]

You can keep repeating it but it is not going to change the outcome -

1. The time for POA's gross incompetence in managing $6 billion asset to deliver bugger all,

2. Taxpayers footing the multi-billion dollar costs/bill to offset the traffic jams and infrastructure needs to support trucks tearing up our highways,

3. Using the waterfront for a car-park

is coming to an end.

You read the Reports yet?

Think about your credibility (now and in future) before you reply.

Bal you can ramp MMH all you like nothing will happen despite the B S reports !

[Balance]

Bal you can ramp MMH all you like nothing will happen despite the B S reports !

Ramp?

If you are talking ramp, it's clear then about your underlying agenda when posting on stocks and situation. Be careful when you post your intentions, Whatsup.

Real shame that - I actually thought you were wanting to engage in a fulsome discussion!

I have not sold 1 single MMH share and has no intention to sell any - just as I have held onto and bought more AIA shares since IPO.

You read the Reports yet? If you have not (as evidenced by your ignorance of some of the basic findings in the Reports), I suggest you do - worth your while.

I can recall buying into AIA IPO and buying up more post IPO - and reading about how some investors were turned off as AIA will never be able to build a second runway etc and how other options must be explored etc etc.

[RTM]

The ownership of Northport must make it difficult for them to push their own barrow.
50 % owned by Tauranga Port.
50 % owned by MMH.

MMH. 53.61% owned by Northland Regional Council.
19.9% owned by Ports of Auckland.

Anyone know where Ports of Tauranga sit on this ? They will have seen a nice appreciation of their investment. Although...is this sellable ? Given it’s directly in Northport. Similarity, NRC will have seen a significant appreciation of their investment....will they, should they realise some of it?

[bull....]

The huge benefits of shifting POA operations to Northland nicely summed up by the two of them:

https://www.newshub.co.nz/home/new-z...ort-north.html

"The real opportunity to unlock the full potential of a world-class city like Auckland rests with relocating the port. I fully support this sensible initiative," Sir John reportedly wrote on his Facebook page.

"Much to be said for big vision plan for upper North Island NZ port infrastructure: regional development & employment benefits for Northland; releases valuable Auckland waterfront land for higher value purposes for #worldclasscity than Ports of Auckland car park development," tweeted Clark.

What critics of the proposal have not done (as evidenced by their comments and there are some very telling ones on this forum too) :

1. Read the reports in full,

2. Have a far sighted vision of what a fantastic city Auckland can be when prime valuable expensive ($6 billion) land making up 25% of CBD is freed up for proper integrated development,

3. Understand the collateral huge benefits to Northland, one of the most underdeveloped regions in NZ with unlimited economic, recreational and residential potential from providing proper infrastructure to connect the north with Auckland, and in turn the rest of NZ.

What we have had are the likes of POA (vision - multi-storey car-park on the waterfront) and the land transport industry (heaps of trucks tearing up our highways with repairs & maintenance paid by taxpayers) voicing opposition based purely on their self-interests.*

* Which they are entitled to and should.

as nz grows there is no way POA growth can match it in the future. the board should wake up and stop thinking about there job they might lose when the port moves . do whats right

[RTM]

National / Bridges should take the initiative and get right in behind NZ FIRST with moving the port. Right now.
Before Labour make it their idea.
Be interesting to see the spin then !

I did email Simon Bridges and suggested to him that they get in behind this proposal. No response. Interesting that Key and Clark are now backing it. Does this suggest it might get backing from all the major parties ? This would be a great step for NZ and something that would be beneficial in other areas as well...e.g. superannuation.

[Jay]

One question re the move, yes it could help growth in Northland - jobs etc. what about all the jobs currently at the port - do they move north - some/quite a few will move and take the job opportunities that Northland was expecting??

[Balance]

as nz grows there is no way POA growth can match it in the future. the board should wake up and stop thinking about there job they might lose when the port moves . do whats right

I did email Simon Bridges and suggested to him that they get in behind this proposal. No response. Interesting that Key and Clark are now backing it. Does this suggest it might get backing from all the major parties ? This would be a great step for NZ and something that would be beneficial in other areas as well...e.g. superannuation.

There is no way that the arrogant and incompetent fat cats at POA (and believe you me, I have seen them in action close up) are going to relinquish their control of POA without political intervention.

It took a concerted effort & a lot of money by Aucklanders (with some heavyweights like Stephen Tindall & Graham Henry) to overturn the sneaky and arrogant attempt by POA to reclaim and encroach on even more harbor in 2016.

Their response as is well know now, is to build a multi-storey carpark to spite Aucklanders and entrench their jobs.

Imo, they made a very grave error of judgement there which confirmed once and for all that Aucklanders are being served by a vision less bunch of POA nincompoops.

It is therefore really good to see John Key & Helen Clark set aside their political differences to back the shift - it will have to be a political decision.