- Forum
- Markets
- NZX
- TRA - Turners Automotive Group [previously TNR - Turners Limited]
-
15-05-2008, 01:09 PM
#501
Isn't it quite clear that St Lawrence are going to use DPC as a vehicle to back door list?
Further, isn't it quite clear that DPC's own money will be used to effect this transaction?
Things are not quite lined up, yet. BK needs to talk down the price of DPC a bit more. Perhaps some of the larger DPC holders need to be brought to heel.
You can be assured that the small, retail DPC holder will not see the full enjoyment of the assets that they currently own.
Business, as usual, in New Zealand. Dirty deeds done dirt cheap.
Do not consider my postings as investment advice. I am here to share research and to speculate on what might be. The boundary between fact and conjecture might not always be clear - best to treat all comments as speculation.
-
16-05-2008, 02:39 PM
#502
Originally Posted by dsurf
VIK & BK were excluded from the sale process. So BK got an investment advisor working for IRG which is owned by VIK to buy it. VIK then bought it off the advisor.
The circus continues!!!!
dsurf... you are close to being spot on, except the advisor was not a frontman according to BK. Quote BK".....While it looks like Rogers was acting as a front man for Viking that isn't the case.."
From the Good Returns weekly wrap article
Result at half time BK 500, Rogers 1500, DPC/STL 500, DPC shareholders 0
Time for Commerce Commission to have a look into DPC / STL methinks.
If I was a shareholder I would be sending an email to the CC about now.
-
16-05-2008, 07:25 PM
#503
The DPC shareprice could be seeing new lows next week by the looks of it...
Death will be reality, Life is just an illusion.
-
16-05-2008, 08:50 PM
#504
Thats funny. When BK was running DPC, the Directbroking business was making a lost and they had to get rid of it. What is different this time round.
I agree with you Hoop. The CC should have a closer look at these smoke bombs.
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
-
21-05-2008, 12:09 PM
#505
New Board members
Ok todays ann
We have a shuffel whats the verdict ???
I dont know of them so cant comment, but am interested
in other comments.
BB
-
21-05-2008, 12:29 PM
#506
Billy Boy Man that has been buying lots of shares now runs the company
-
21-05-2008, 01:25 PM
#507
It is a breath of fresh air. I like both of these guys from the background described. Anything is better than Andrew Walker.
The fact that DPC can get these two reputable people on board tells me DPC will not go under. In fact, Brynes not only steering the boat but also bought shares in the boat is a welcome sight. There is hope yet for DPC.
This is indeed very good news.
I see VIK continues to sell while talking trash about DPC... LOL. VIK still holds 1.3 million shares. I may even top up more shares once I see DPC bottoming out.
Last edited by Dr_Who; 21-05-2008 at 02:08 PM.
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
-
21-05-2008, 02:56 PM
#508
-
21-05-2008, 08:14 PM
#509
Originally Posted by Billy Boy
Ok todays ann
We have a shuffel whats the verdict ???
I dont know of them so cant comment, but am interested
in other comments.
BB
The shareprice showed a distinct lack of interest...
Death will be reality, Life is just an illusion.
-
21-05-2008, 08:51 PM
#510
Originally Posted by Steve
The shareprice showed a distinct lack of interest...
True - however the depth (bids vs asks) has somewhat changed. Huge number of bids @35 - not too far from the current price. Only small number and small parcels of shares on offer. SP might be close to bottoming out.
Last edited by BlackPeter; 21-05-2008 at 08:54 PM.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks