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22-11-2021, 10:42 AM
#11181
 Originally Posted by Balance
A landowner I know just sold his big piece of land (4.3 hectares) in Pukekohe after it has been on the market for 6 months. His first deal at $5.3m fell through due to purchaser being unable to come up with the funding so he took it to auction. It sold for $8.0m unconditIonally at the auction.
True story - talk to real estate agents in that area and they all know it.
Good for him!
And I am only teasing. Whether the deal is signed this month or next month makes absolutely no difference to me.
It is good that the Board are making sure they extract maximum value for shareholders - i.e doing their job.
If it ends up taking a while to get the right deal done, then so be it.
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22-11-2021, 10:56 AM
#11182
Originally Posted by mistaTea
Good for him!
And I am only teasing. Whether the deal is signed this month or next month makes absolutely no difference to me.
It is good that the Board are making sure they extract maximum value for shareholders - i.e doing their job.
If it ends up taking a while to get the right deal done, then so be it.
He got lucky.
But it also shows how much land prices have moved in the last 6 months in Auckland region!
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22-11-2021, 10:59 AM
#11183
Originally Posted by Balance
He got lucky.
But it also shows how much land prices have moved in the last 6 months in Auckland region!
So what youre really saying is the longer this goes on the better hehe
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22-11-2021, 11:21 AM
#11184
Originally Posted by jimdog31
So what youre really saying is the longer this goes on the better hehe
Not necessarily always the case but the last 6 months in Auckland has been exceptional in terms of increased in land values.
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22-11-2021, 12:15 PM
#11185
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22-11-2021, 12:24 PM
#11186
Originally Posted by jimdog31
"you confirm it with your lies....."
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22-11-2021, 03:19 PM
#11187
Maybe the market thinks that the campus is so worthless that Sky will end up needing to pay someone to take it off their hands?
I can't think of another explanation to explain the vote of no confidence from Mr Market...
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22-11-2021, 03:42 PM
#11188
Originally Posted by mistaTea
Maybe the market thinks that the campus is so worthless that Sky will end up needing to pay someone to take it off their hands?
I can't think of another explanation to explain the vote of no confidence from Mr Market...
Traders are bailing out while ‘believers’ are already way overweight.
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22-11-2021, 07:16 PM
#11189
Originally Posted by Balance
Traders are bailing out while ‘believers’ are already way overweight.
It is the old story, Balance. The market can stay irrational longer than the believers can remain solvent.
Disc.... I am still solvent
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22-11-2021, 08:09 PM
#11190
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