South Canterbury Finance Limited

[minimoke]

Ah, but you can turn a cat intgo a dog. Simply douse it with petrol - chuck a match at it - and it goes 'woof'!

This thread is clearly getting too long. We're all going barking mad!

[Beagle]

Ah, but you can turn a cat intgo a dog. Simply douse it with petrol - chuck a match at it - and it goes 'woof'!

LOL That's a terrible thing to say. One supposes that we are all impatient to hear the final outcome....

[fungus pudding]

LOL That's a terrible thing to say. One supposes that we are all impatient to hear the final outcome....

Also you can turn your dog into a cat - pop it into the freezer for a month or two. Pull it out and run it through a band saw and it goes'meeyow'.

[Danthetitan]

Also you can turn your dog into a cat - pop it into the freezer for a month or two. Pull it out and run it through a band saw and it goes'meeyow'.

I see how you get to 'Senior Member' status

[Beagle]

Also you can turn your dog into a cat - pop it into the freezer for a month or two. Pull it out and run it through a band saw and it goes'meeyow'.

Ha. ha, ha, that's funny and terrible all at the same time, especially as I have three dogs !...One suspects we are all bored....

[Beagle]

South Canterbury Finance Doubts it will meet NBDT Requirements
http://www.depositrates.co.nz/news/9...uirements.html

Looks like SCF will need more special treatment on an on-going basis in the future, if they have one...

Disclosure of Interest. I have no financial interest in the above securities whatsoever and for that matter I'm very bearish on the market as a whole.

[westerly]

NZ Credit Securities are offering 20cents a share for $6m shares. They must have more confidence than
most on this thread ? (have a few)

Westerly

[Beagle]

Care to copy and paste their offer Westerly so we can have a look at the long list of terms and conditions.....

[Danthetitan]

NZ Credit Securities are offering 20cents a share for $6m shares. They must have more confidence than
most on this thread ? (have a few)

Westerly

Don't you know how they work? They offer a reasonable price, and buy a nominal amount, then send out a second offer that is much lower, to try to panic investors into accepting the second offer

[Danthetitan]

South Canterbury Finance Doubts it will meet NBDT Requirements
http://www.depositrates.co.nz/news/9...uirements.html

Looks like SCF will need more special treatment on an on-going basis in the future, if they have one...

Disclosure of Interest. I have no financial interest in the above securities whatsoever and for that matter I'm very bearish on the market as a whole.

There we go, directors providing assumptions (presumptions) that they will raise capital, sell assets, get extensions, extensions, bail outs and concessions. How can those directors reasonably believe that the company will be able to perform its obligations when required to do so?